Why are we throwing away our hedge against volatile international markets?
ong-time readers might recall my writing about petrol in the 1990s, mainly about the introduction of unleaded, but also about the price of petrol around the country. At the time it had been alleged that there was price collusion between the oil companies. As I travelled frequently, I carried out a survey of petrol prices on behalf of NZ Classic Car at petrol stations in the towns I visited. The Commerce Commission took an interest, so much so that they requested a copy of
