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Petrol sellers angry

PA" New Plymouth A’ strong protest is being made to the Minister of Energy (Mr Birch) that service stations have been ignored in the decision to increase petrol prices from August 28. The executive officer of the Retail Motor Trade Association (Mr T. Bates) said the gross profit on petrol sales by service stations was now down to .7.6 per cent. Service stations faced a constant working-capital problem which grew worse with each petrol price rise and the contin-

uing rbfusal by the Government to allow any profit increase. Each petrol-price increase made it more diffi-i cult for service stations to find the money to pay for new petrol stocks. The most recent application for an increase in the petrol-resellers’ share had been lodged on July 26- to cover the 4.5 per cent wage increase for staff from September 3. In spite of a long-estab- . lished formula to allow for increases in cases such as this the application had been ignored.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19790830.2.76

Bibliographic details

Press, 30 August 1979, Page 10

Word Count
164

Petrol sellers angry Press, 30 August 1979, Page 10

Petrol sellers angry Press, 30 August 1979, Page 10