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Gas Prices Drop Commission Watches

Gas Prices Drop Commission Watches

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Gas prices are falling, and the Commerce Commission is making sure stations pass those savings on — no more hidden surcharges or profit-padding. Commissioner Bryan Chapple warns that any extra fees added during high-price times must now reflect actual cost drops, thanks to Middle East stability. The Commission’s past “rocket and feather” study revealed slow price drops — but new market reforms since 2021 have boosted competition, especially for smaller players, making the market fairer. While they can’t set prices, they’re using the Fair Trading Act to crack down on misleading tactics — keeping consumers in the loop and wallets lighter.

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