New Zealand Customs Minister Rick Barker quoted on the recent petrol tax hike;
petrol prices have fallen and oil prices stabilised, making April 1 a suitable date to bring in the extra charge
I wonder if Rick Barker could pass Level 1 of NCEA Maths? The price of oil is more volatile since the 1970s and the price has risen almost 400% since 1998. This comment is indicative of the level of competancy our Government brings to this issue. (Not Yet Competent!)
Rick Barker you are an idiot!
(in 1998 oil traded at US$11 - today the price settled around US$55, a percentage difference of around 400%).