Quote:
quote:Originally posted by craic
Going up again this morning in spite of all the rubbish posted here. All you have to remember is that NZR is an effective monopoly (2) It is owned more than 70% by its primary customers, the three or four big oil companies, Shell BP etc.,(3) Any extra costs can be immediately applied at the pump and customers must pay or walk (4) If they put the price up a tad too soon or keep it up a tad too long, well, its just a little more profit. All the philosophical arguments about world events, supplies, alternatives and the like are of no consequence to you and me as we will have plenty of time to take cover in the event of disaster but right now just sit back and watch those dollars and cents rolling in.
It appears NZR is a tightly held stock.