DROP IN PRICE OF PETROL
Resellers Caught By Surprise Thousands of pence will be lost next week-end by service station proprietors who had stocked thousands of gallons of petrol to meet the demand by Easter motorists. Yesterday’s announcement of a drop of Id in the retail price caught them by surprise. “One company offered me several hundred gallons on Tuesday.” said Mr A. C. Rhodes, of Riccarton, yesterday. “But I have been cautious since the first Suez price change and told, them to come back on Thursday. My tanks were fairly low, and I shall not lose as much as some resellers.” Although the resellers gained when the Suez surcharge was made, many of them had little in their tanks. Price changes are not announced in advance.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19570418.2.87
Bibliographic details
Press, Volume XCV, Issue 28256, 18 April 1957, Page 8
Word Count
127DROP IN PRICE OF PETROL Press, Volume XCV, Issue 28256, 18 April 1957, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in