Could petrol prices reach $3 per litre? Motor Trade Association ‘wouldn’t be surprised’

Fuel prices have never been so expensive in New Zealand, with the national average of 91 octane now $2.39 per litre, Newshub reports. In Auckland, it’s as high as $2.57 per litre. Experts believe prices will only go higher, with demand for energy skyrocketing as COVID-19 restrictions ease around the world, and Craig Pomare, from the Motor Trade Association, says the prices are hurting New Zealanders. “It’s some real basics of supply and demand,” he said. “We can’t pick and choose what we pay – that’s what it is.”