Petrol prices are expected to hit Kiwi's back pockets hard this year.
The Automobile Association is warning petrol could shoot up 40 cents by July, a rise it says will be fuelled by global petrol organisation Opec +.
AA Principal Policy Advisor, Terry Collins says they're choking supply to drive up prices.
"All I can see is it going upwards, probably for the rest of the year. And what they've signalled is if demand drops, we'll keep just taking supply out of the market to either put the prices up or keep them at the level we want."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Nikki Glaser Podcast
Every week comedian and infamous roaster Nikki Glaser provides a fun, fast-paced, and brutally honest look into current pop-culture and her own personal life.