Mark up and Taxes Put P.G. Gas in the Top Three
By 250 News
Wednesday, August 31, 2005 04:03 AM
This will come as no surprise; Prince George is number three in Canada when it comes to the price of gas.
We are however number one in the mark up from wholesale to retailers to taxes and the customer.
We pay 78.2 cents for gas which is then marked up 31.7 cents a litre thru taxes and profit to make it 109.9 at the pumps .
Whitehorse wholesale price is 92.9 and regular sells at the pumps for 116.7 giving the retailer wholesaler and tax 23.8 cents a litre or 7.9 cents a litre less than PG.
In Yellowknife, the price of regular is 114.9, the wholesale cost is 86.7 cents then there's the mark up and taxes for 28.2 cents. That's still well behind PG.
In Victoria this week gas was selling for $1.12 Litre, but the wholesale price of the product was 77.7 before mark up.
The most money being made on the sale of a litre of gas in Canada by the wholesaler and retailer in Canada was in Prince George.
As a matter of interest in Windsor Ontario the wholesale price for a litre of gas was 68.5 cents, at the pumps gas was selling for 99.7. Of course just across the river is Detroit a stones throw away where the price of fuel is cheaper.
What about Toronto? Well you’ll be happy to know the wholesale price was 70.9 and the fuel was selling for a $102.3 a litre.
We are told that the governing factor in Prince George is the distance that the product must come.
The refinery sits across the Nechako from a Mohawk gas station .
Mohawk is owned by Husky, who just happens to be the owner of the Prince George refinery
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