Holiday is Over...Gas Prices Up

Friday, January 06, 2006 09:40 AM

Petro Can led the charge last night as gas prices were hiked 4 cents litre (18.2 cents a gallon) in the city boosting the price to 97.9 cents. Following the lead of Petro Can other service stations were quick to follow. With a figure of 97.9 cents Prince George was one of the highest priced areas for gas next to Toronto in Canada.

Gas before taxes;

Prince George	63.3
Victoria	59.0
Edmonton	55.8
Saskatoon	60.9
Thunder Bay	54.2
Montreal	57.4
Sydney N.S.	61.5

According to MJ Ervin and Associates, crude prices were listed as the same in Vancouver, Kamloops, Seattle and a number of BC centers.

The difference in our prices comes not from the refinery mark up at Husky, where it remained at 9.00 cents, the lowest of any market researched: Vancouver 10.8, Victoria 11.6, Prince George 9.0, Kamloops 10.8, Seattle 9.2 and Canada with an average of 10.2

The difference is linked to the mark up at the pumps with Prince George having the highest mark up:

Vancouver	3.9
Victoria	8.8
Prince George	12.3
Kamloops	7.4
Seattle	10.8
Canadian average	10.2

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Posted on Friday, January 06, 2006 09:40 AM in Money by 250 News

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Comments

Posted by: Chadermando on January 6 2006 2:04 PM

If we get another lottory winner start up a gas station we will see the big gas companies drop their price again like they did last time we saw .40 gas.

I figure a centrally located independent gas station that sell their gas at cost as a lost leader to bring in clientel for other areas of business would do very well if they stuck with the strategy and got the message out to the people of the savings they are responsible for. Loyalty would be a big thing for them.

That said I'd challange anyone to name a gas station operator that makes any money off the gas in the stations they operate as is currently. All the money goes to the parent franchisor and not the fanchisee.

Posted by: fedup on January 6 2006 3:49 PM

If you drive to Fraser Lake you will notice they always have lower gas prices than P.G this is because of the Indian Reservation just down the road keeps the price down due to the fact they don't pay tax on their gas.By the way anyone can buy gas there at their posted price which has the taxes added in.We need to get the Lheidli T'enneh band to open a station here in P.G. Maybe this would work I don't know?

Posted by: Mike on January 6 2006 6:13 PM

darn good idea there fedup. I like that one.
We could all donate to that.

Posted by: Palopu on January 6 2006 7:04 PM

This gas thing has been going on for years. However the Gas Companies know they have the consumers where they want them. In order to change things people have to get organized and follow instructions, however it is impossible to get them to do anything except *******

What has to be done is someone (Not me) has to organize a media outlet and advise all Gas consumers to buy there gas where ever they want except from Shell oil. Or Petro Can. or what ever. The strategy is to isolate one Company and do not buy from them until the price is reduced to a certain level. The named company would then have to decrease their prices or go broke. Once they decreased their prices the others would follow suit. As long as we all buy gas from whomever we chose, whenever we chose, then the gas companys win.

Posted by: Palopu on January 6 2006 7:08 PM

Should read It is impossible to get them to do anything except **Complain**

Posted by: Percy on January 7 2006 8:57 AM

I'm so relieved that we have a refinery in town. Imagine what the prices would be if we didn't and had to pay the shipping costs to get it here? Chester