Third petrol price rise in a fortnight

SAM SACHDEVA
Last updated 15:47 14/02/2013

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Motorists have been given an unwelcome Valentines Day present - another price rise at the petrol pump.

Rising fuel prices and the weakening New Zealand dollar are being blamed for the increase of 3 cents a litre for petrol and diesel - the third rise in a fortnight.

Z Energy and BP have increased their prices today, with 91-octane unleaded petrol now $2.21 a litre and diesel $1.55.

On its Facebook page, Z Energy told customers the price rise was because of rising fuel prices and the changing value of the kiwi.

"Refined petrol and diesel prices on the international market continue to increase steadily, and [that] hasn't been helped by the weakening of the NZ dollar," it said.

A BP spokesman told The Press the price rise was unavoidable.

"It's just a sustained increase over the last couple of weeks with the cost of refined product internationally, and it's only going one way unfortunately," he said.

The last price rise was only a week ago, with 91-octane unleaded petrol up 4c a litre and diesel by 2c.

That jump was preceded by a price rise on January 31.

Comments on Z Energy's Facebook page were largely critical of the increase, with one saying the prices were "always quick to rise and slow to come down".

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- The Press

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