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The Consumer Council launches the "Oil Price Information Link" App to list the daily cheapest oil prices to help car owners "price"

2020-11-03T09:50:39.683Z


In order to reduce the cost of "expensive fuel" by car owners, the Consumer Council officially launched the "Oil Price Information Link" website and mobile app today (3rd) to display and compare the retail prices of various oil companies and the discounted oil prices in stores, hoping to help consumers understand Minimize oil prices and promote price competition among oil companies.


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Written by: Lao Minyi

2020-11-03 17:37

Last update date: 2020-11-03 17:37

In order to reduce the cost of "expensive fuel" by car owners, the Consumer Council officially launched the "Oil Price Information Link" website and mobile app today (3rd) to display and compare the retail prices of various oil companies and the discounted oil prices in stores, hoping to help consumers understand Minimize oil prices and promote price competition among oil companies.

The Consumer Council officially launched the "Oil Price Information Link" website and mobile app today (3rd) to display and compare the retail prices of various oil companies and the discounted oil prices in stores.

(Photo by Lao Minyi)

"Oil Price Information Link" merges the original oil price computer and diesel computer. After optimization, it covers 6 major functions, including the ability to display the cheapest oil price. Whether you log in with a smartphone or computer, the homepage will simultaneously display and compare the retail prices and stores of various oil companies Discounted oil prices; weekly discounts and discounts displayed in the form of a timetable; with the calculation function of designated gas station discounts and gas coupon discounts; coordinated with the map to locate "oil price search", etc.

The Consumer Council received 700,000 yuan of funding from the Environment Bureau to develop the relevant system. The preparation took one year. The oil price was obtained by the Consumer Council in person on the websites of petrol stations and oil companies.

The Chairman of the Consumer Council, Lin Dingguo, expressed that he hopes that after using the "Oil Price Information Channel", consumers will know that they have a choice every time they buy oil, which saves money on oil consumption and can also use the collective power of consumers to monitor changes in oil prices.

He hopes that consumers can obtain the most information in the most convenient way and make the most wise choice.

Li Yaopei, president of the Hong Kong Automobile Association, also pointed out that there are currently about 630,000 private cars in Hong Kong, and many people commute to and from get off work. Private cars become an important means of transportation. At least once or twice a week, Hong Kong is the most expensive in the world. In oil-price cities, most car owners rely on petrol stations to check their cards to learn about discounts. If the petrol stations launch flash discounts, it is easy for car owners to be at a loss. They believe that the "oil price information channel" helps consumers make smart choices.

The Director-General of the Consumer Council, Huang Fengxian (right), pointed out that the discounts offered by oil companies are more diversified than in the past, and it is difficult for consumers to understand the discount model of oil companies.

(Photo by Lao Minyi)

Oil company discounts vary widely. Consumer Council: The most practical price cuts

When the international oil price plummeted, the retail price of vehicle fuel in Hong Kong remained high.

The Director General of the Consumer Council, Huang Fengxian, explained that starting from the second half of 2016, even if international oil prices are not volatile, the difference in Hong Kong’s import prices is getting bigger and bigger. Oil companies explained that the increase in cost is related to the increase in gas station and labor costs. The company's low cost transparency makes it difficult to explore.

She also pointed out that the discounts offered by oil companies are more diversified than in the past. In addition to credit card discounts, there are also pop-ups, birthdays, designated gas stations, gas card discounts, etc. Consumers are elusive of the discount model of oil companies, and believes that the most practical one is reduction. The government can refer to the 2005 research report on the automotive fuel retail market, and the government can restart research to understand the cost of oil companies and the reasons for the high price of oil.

"Oil Price Information Link" merges the original oil price calculator and diesel calculator.

(Screenshot of Oil Price Information Communication App)

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Consumer Council Oil Price

Source: hk1

All news articles on 2020-11-03

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