Price of Petrol
Every tanker load of petrol is now worth approximately £41,666 more than it was before the 2d per gallon increase was levied, according to figures given at a meeting of the Hawke’s Bay Automobile Association. This figure was given on the basis that thc_ average tanker carries between 4.500.000 and 5,500,000 gallons of petrol. The previous price of petrol of 2s 9d, it was stated, was made up roughly as follows: Taxation. Is 2.7 d: retailers’ profit, 3d: landed cost, lOld: freight and storage charges and profit by oil companies, 4.8 d.
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https://paperspast.natlib.govt.nz/newspapers/GISH19500605.2.122.2
Bibliographic details
Gisborne Herald, Volume LXXVII, Issue 23271, 5 June 1950, Page 8
Word Count
95Price of Petrol Gisborne Herald, Volume LXXVII, Issue 23271, 5 June 1950, Page 8
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