The price of petrol has hit record prices in New Zealand.
Prime Minister, Jacinda Ardern has said New Zealander are being “fleeced” by fuel companies, pointing to a 39 cent increase in petrol prices between in the last year.
Of the 40 cents a litre increase in petrol prices over recent weeks, about 25 cents of that has been due to the rising crude oil prices internationally.
The remainder has been adjustments in retailer prices and tax.
The results has seen many New Zealander look at alternatives. Trade Me has marked a staggering 252 per cent jump in users scouring the online auction site for electric vehicles compared to last year, while electric bike searches have also jumped 40 per cent over the past seven days.
Opposition leader Simon Bridges said Ms Ardern is using the fuel companies as a scapegoat for high petrol prices. However, he believes the main problem is in the taxes that Labour has bought in on petrol.
Are you not using the car so much due to the increased petrol prices?