Falling crude oil prices aren't translating to cheaper petrol at the pump. 

Dubai crude has dropped from about $210 a barrel in September to $192 currently. 

But MBIE data shows retail petrol prices have climbed from $3.15 to more than $3.50 at the same time. 

Z Energy Chief Executive Lindis Jones told Mike Hosking the biggest change has been the cost of refining crude oil and shipping fuel around the world. 

He says the global supply chains are still working, but they're more complex and expensive than before the Middle East conflict. 

LISTEN ABOVE 

Falling crude oil prices aren't translating to cheaper petrol at the pump.&nbsp;
Dubai crude has dropped from about $210 a barrel in September to $192 currently.&nbsp;
But MBIE data shows retail petrol prices have climbed from $3.15 to more than $3.50 at the same time.&nbsp;
Z Energy Chief Executive Lindis Jones told Mike Hosking the biggest change has been the cost of refining crude oil and shipping fuel around the world.&nbsp;
He says the global supply chains are still working, but they're more complex and expensive than before the Middle East conflict.&nbsp;
LISTEN ABOVE&nbsp;

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The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Lindis Jones: Z Energy CEO on petrol prices continuing to rise despite declining crude oil costs

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/35029aad-3d6d-46f3-b365-b4e40141075c/transcript

At the end of each week, Mike Hosking takes you through the big-ticket items and lets you know what he makes of it all. 

 

The campaign: 6/10 

Was this the week that we got debated out? One too many or two too many? And can you believe there are at least two more still to come? 

 

Gangs: 1/10 

May turn out to be, if not a defining moment, certainly a moment some could look back on with regret. New Zealanders hate gangs and their criminal violence. Labour needed it like a hole in the head. 

 

Diesel: 2/10 

As in the deal between Trump and Putin. It's about 10 days worth of domestic demand in America. Nothing Trump touches right now looks anything close to slick. 

 

The All Blacks: 9/10 

As fast, fiery, and complete a performance as you would ever be lucky enough to see. 

 

Tourists: 8/10 

Stats this week confirm we are officially back from Covid. Way too slow to get there, but the growth is real and it's on. 

 

LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW 

At the end of each week, Mike Hosking takes you through the big-ticket items and lets you know what he makes of it all.&nbsp;
&nbsp;
The campaign: 6/10&nbsp;
Was this the week that we got debated out? One too many or two too many? And can you believe there are at least two more still to come?&nbsp;
&nbsp;
Gangs: 1/10&nbsp;
May turn out to be, if not a defining moment, certainly a moment some could look back on with regret. New Zealanders hate gangs and their criminal violence. Labour needed it like a hole in the head.&nbsp;
&nbsp;
Diesel: 2/10&nbsp;
As in the deal between Trump and Putin. It's about 10 days worth of domestic demand in America. Nothing Trump touches right now looks anything close to slick.&nbsp;
&nbsp;
The All Blacks: 9/10&nbsp;
As fast, fiery, and complete a performance as you would ever be lucky enough to see.&nbsp;
&nbsp;
Tourists: 8/10&nbsp;
Stats this week confirm we are officially back from Covid. Way too slow to get there, but the growth is real and it's on.&nbsp;
&nbsp;
LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW&nbsp;

Mark the Week: Are we debated out?

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/2a5c2f26-5033-4fef-9762-b4e40162bf7d/transcript

Is it too far-fetched to ask two things: 

1) Whether the campaign turned dramatically against Labour yesterday. 

2) If within a 24-hour period, whatever chance they might have thought they had is now blown to smithereens. 

The Greens want to fund gangs. They are unapologetic about hanging with gangs and they fail to accept the simple premise that this puts them so far outside what you would loosely call "mainstream New Zealand". It will most likely see whatever voters there are wavering between National and Labour scarper back to National. 

Then if that wasn’t bad enough, David Seymour of all people decides he can live with the Opportunity Party better than he can live with being in Opposition. 

Is it too big a stretch to ask whether this is not some unbelievable self-implosion by the Greens? Almost a self-sabotage attempt? Or is it more likely a group carried away by their perceived polling success that they can say and do anything they like and to hell with the consequences? 

It's certainly an insight into the dynamics of the Greens. As normal as Chlöe Swarbrick might like to paint them, she looked lost, bewildered, and unable to respond in a way a normal leader would i.e. pull some of the madness into line, reject some allegations, cancel some perceptions, and stamp down some rampant madness. 

She looked bereft of leadership skill. 

Can we ask whether Seymour is the key to the Luxon turnaround re: Opportunity? If David can, maybe Luxon can too. 

Put the two events of a singular day together and the election is over. 

The math was always easier for the incumbents anyway; National on 30%, NZ First and ACT on 10% each, that's 50%. Add Opportunity and it's over an hour after the polls close. 

Obviously, there are three weeks left. But in a spectacularly boring campaign, where the debates sent you to sleep and Groundhog Day had set in early, out of nowhere came an event that might well have turned the whole thing on its head. 

Gangs in New Zealand are abhorrent. We hate them and we hate what they do. The Greens and the Māori Party want to hang with them, give them our money and rub them in your face. 

It's Hipkins' worst nightmare. 

His two partners, who are already fringe, are going full rogue on a subject that defies left and right. No one backs gangs. There isn't a single vote in them. 

October 15th might just be the day Labour kissed it all goodbye. 

Is it too far-fetched to ask two things:&nbsp;
1) Whether the campaign turned dramatically against Labour yesterday.&nbsp;
2) If within a 24-hour period, whatever chance they might have thought they had is now blown to smithereens.&nbsp;
The Greens want to fund gangs. They are unapologetic about hanging with gangs and they fail to accept the simple premise that this puts them so far outside what you would loosely call "mainstream New Zealand". It will most likely see whatever voters there are wavering between National and Labour scarper back to National.&nbsp;
Then if that wasn’t bad enough, David Seymour of all people decides he can live with the Opportunity Party better than he can live with being in Opposition.&nbsp;
Is it too big a stretch to ask whether this is not some unbelievable self-implosion by the Greens? Almost a self-sabotage attempt? Or is it more likely a group carried away by their perceived polling success that they can say and do anything they like and to hell with the consequences?&nbsp;
It's certainly an insight into the dynamics of the Greens. As normal as Chlöe Swarbrick might like to paint them, she looked lost, bewildered, and unable to respond in a way a normal leader would i.e. pull some of the madness into line, reject some allegations, cancel some perceptions, and stamp down some rampant madness.&nbsp;
She looked bereft of leadership skill.&nbsp;
Can we ask whether Seymour is the key to the Luxon turnaround re: Opportunity? If David can, maybe Luxon can too.&nbsp;
Put the two events of a singular day together and the election is over.&nbsp;
The math was always easier for the incumbents anyway; National on 30%, NZ First and ACT on 10% each, that's 50%. Add Opportunity and it's over an hour after the polls close.&nbsp;
Obviously, there are three weeks left. But in a spectacularly boring campaign, where the debates sent you to sleep and Groundhog Day had set in early, out of nowhere came an event that might well have turned the whole thing on its head.&nbsp;
Gangs in New Zealand are abhorrent. We hate them and we hate what they do. The Greens and the Māori Party want to hang with them, give them our money and rub them in your face.&nbsp;
It's Hipkins' worst nightmare.&nbsp;
His two partners, who are already fringe, are going full rogue on a subject that defies left and right. No one backs gangs. There isn't a single vote in them.&nbsp;
October 15th might just be the day Labour kissed it all goodbye.&nbsp;

Mike's Minute: Did October 15 change the election?

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/87369b24-c67b-4636-8329-b4e4015972e9/transcript

The US President has backed down from plans to livestream the first US military execution in 65 years. 

The execution of Nidal Hasan is still going ahead in December, but Donald Trump now says many well-meaning people would rather not watch him die. 

The army psychiatrist killed 13 people at Fort Hood in 2009 and has been in a wheelchair since being shot during the incident.   

US Correspondent Richard Arnold told Mike Hosking a former US Army Commander called the idea demeaning and says it would've brought the US into the dark ages. 

LISTEN ABOVE 

The US President has backed down from plans to livestream the first US military execution in 65 years.&nbsp;
The execution of Nidal Hasan is still going ahead in December, but Donald Trump now says many well-meaning people would rather not watch him die.&nbsp;
The army psychiatrist killed 13 people at Fort Hood in 2009 and has been in a wheelchair since being shot during the incident. &nbsp;&nbsp;
US Correspondent Richard Arnold told Mike Hosking a former US Army Commander called the idea demeaning and says it would've brought the US into the dark ages.&nbsp;
LISTEN ABOVE&nbsp;

Richard Arnold: US Correspondent on Trump canning the plan to livestream a military execution, Starlink, Ukraine

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c2dbb6f0-2bb7-495c-b22a-b4e40156ee6c/transcript

Lindis Jones: Z Energy CEO on petrol prices continuing to rise despite declining crude oil costs

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