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Reader poll

Yes. The price of crude oil globally is falling so this means the price has to naturally go below $2 at the pump.
53% (179 votes)
No. The oil companies won't let it drop that low.
22% (74 votes)
No. When you take into account the various taxes and duties the price of oil has to drop even further to warrant a sub $2 price at the pump and that is not going to happen.
19% (63 votes)
No. The oil price has bottomed.
7% (23 votes)
Total voters: 339

Will the price of unleaded 91 petrol fall below $2 at the pump?

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US GDP well above expectations

NZD lower against majors, NZDUSD trading at 78c after falling to 77.6c; US Q3 GDP surprises with strong 3.9% p.a. reading; mixed global equity markets; oil price hammered again