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Car-less days may be revived in New Zealand
If an assured supply of oil is cut off to the West, New Zealand could again face the prospect of car-less days. The option is raised in a consultant’s report for the Economic Development Ministry that looks at an oil crunch and how the country could cope.
Comment: New Zealand’s initial response to IEA emergency consumption reduction requirements. NZ regular gasoline is currently NZD$1.45/litre, equal to USD$3.87 per gallon.
August 16, 2005
NZ Greens query oil price forecasts
The Green Party’s two co-leaders grilled [New Zealand] Government officials yesterday about grossly inaccurate forecasts made last October about future oil prices.
October 20, 2004