picture courtesy of www.cartoonstock.com
With the price of oil constantly going up, nowadays, even the radio stations are into it! How you may ask? Well, listeners who spot a sudden increase in price will call in and everyone will be rushing around to hopefully find a station that has not up its price yet!
It is now $1.97 for 91 unleaded on Monday 19 May 2008!
I think people are now just waiting for the price to hit $2 as the price of everything else is steadily increasing as the price of oil increases! And the current Labour government says they are not reducing personal taxes. Whatever increase in salary or wages one gets will be eaten up by inflation caused by the ever increasing oil price!
Also, a few more big companies are closing plants or factories creating redundancies! Crime rate is also on the increase with more jobs lost and less money to go around! New Zealand is definitely in depression right now>......
2 comments:
I saw gasoline finally hit US$4 a gallon at our town here.
How much is it equivalent to N.Z ?
Are we more expensive here or your side ?
Based on my calculations with conversions to NZ$ and to litres, it is still cheaper for you than for us. Your 1 litre of gasoline will only cost NZ$1.35. Today's price is NZ$2.01 per litre as the price went up again yesterday!
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