The country is at phase 1 of the plan, with a focus on monitoring global developments, easing restrictions (such as changing fuel specifications), providing information to consumers of measures to support voluntary reductions in fuel use, and working with fuel companies to keep it moving efficiently across the country.
At phase 2 of the plan, there would be a “moderate” impact on the fuel sector, and “critical customer prioritisation measures” are invoked.
At this level, customers would still be able to get fuel, but there is a “risk of shortages to critical fuel customers”.
Last month, low-cost fuel retailer Gull experienced shortages of fuel at some of its Auckland petrol stations.
Motorists took to social media to vent frustrations over fuel pumps running dry, and in some cases had pre-paid for petrol that didn’t exist.
According to fuel-tracking app Gaspy, the average price of 91 grade petrol has increased by 39.3% to $3.47, up from $2.49 on March 3.
Diesel has risen 168.8% from an average price of $1.38 to $3.71.
The Government has launched a public information campaign through the Energy Efficiency and Conservation Authority (EECA) with tips on how New Zealanders could cut down on fuel use and save money.
Finance Minister Nicola Willis said the campaign would “consist of tips about things that motorists can do right now to reduce their own fuel costs. These include sensible, common-sense things.”