Fuel Supply & Pricing Seminar
Global supply chains and local supply pains
“We have a fuel price crisis, not a fuel supply crisis.” That was the key takeaway from Steve West, the first of two speakers at Transporting New Zealand’s Fuel Pricing and Supply Seminar held in Wellington last week.
West gave an overview of how the fuel supply chain operates, where refined fuel is sourced from, current stockholding, and how supply is managed domestically. Afterwards, speaker Bryan Chapple explained the role of regulation and monitoring by the Commerce Commission.
The seminar sought to clarify what is actually influencing fuel costs (and what isn’t), and what this all means for commercial transport.
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