Up Three Cents for Regular
By 250 News
Thursday, June 18, 2009 04:03 AM

Prince George, B.C.- The price of a litre of regular gas has climbed three cents since yesterday.
It is is now being offered for $1.099 .
According to the Canadian Centre for Policy Alternatives’ Gas Gouge meter, that is 10.9 cents too high.
"With today's crude oil price of $71.12 USD per barrel and the US dollar at $1.13 CAD, the price of regular unleaded gasoline in Prince George should be 99.0¢ per litre at normal profit margins.
At a price of $1.099 per litre, you are paying 10.9¢ per litre in pure excess profit. Across Canada, an extra margin of 10.9¢ per litre generates an additional profit of 10.9 million dollars per day."
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