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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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Comments

We are not customers at service stations anymore....we are victims of theft. I'd like to see Imperial Oil, Shell and Petro Canada's profits. I bet they are in the billions of dollars and where do they get those billions of dollars? From their so called customers.
If gas in Victoria is $1.12 retail and 77.3 cents wholesale, then the markup is 34.3 cents. That is more than PG.

On another note, I hear Bush is going to release Federal oil reserves. Does that constitute a subsidy? Should there be an export levy on Canadian oil to counteract this subsidy?
When a barrel of oil goes from $20 to $70 why would we be suprised to be paying more at the pumps,the good news is that because of all this,people start talking about alternative sources for energy,this makes it so places like Tumbler Ridge get to open up again.Remember folks B.C. is loaded with natural resources all we have to do is make sure we don't vote in a lefty goverment again.
Rock
Yeah rock, you are right on top of it.
What about all the years it will take to get your major plan into the works.
People have to live in the meantime.
Our standard of living will be on an unmatched decline.
Our governments are spineless-but then-so are the people.
Somewhere, sometime, we are going to be forced to "stand up to be counted."
What a bunch of lily livered, weak knee'd people we are.
The only fighting we know is the violet form. Had proof of that last week end.
Other than that, no one steps out of line.
On the net not to buy gas today, but you can rest assured the pumps will be busy in Prince George today.
Better not to run for Mayor, Ben. Who wants to try and help this pack of pussies????
Big oops-MrPG will be on top of that spelling error, for damn sure.
Should read violent-not violet.
Feel better already!!!! Hope I caught it before he did.
Please spare me, gypsy.

Sorry if I have an eye for spelling errors. Those things get caught in my 'filter'. Just like people who don't know the difference between 'your' and 'you're'. No matter who you are, it makes you look like a goof when you mix them up.

Don't worry, I won't make the mistake of mentioning it again, to spare the feelings all the super-sensitive people out there.
Wow... now the local intelligensia have given up bickering over the "issues" & are now fixating on grammar & spelling. This forum kicks ass!!!!!!!!!!
Wow... now the local intelligensia have given up bickering over the "issues" & are now fixating on grammar & spelling. This forum kicks ass!!!!!!!!!!
And thank you for your well thought out on-topic contribution, DTS.

We all benefitted by reading it (twice).
Well put MrPG!!!!!
>:D
I heard its going up to $1.20

----------------
Canfor to quit B.C lumber lobby

Gordon Hamilton
Vancouver Sun, with Canadian Press


August 31, 2005








Canada's largest lumber manufacturer announced Tuesday that it is stepping out of the B.C. lumber lobby, saying the softwood issue is now political and is striking at the trade relationship between the two countries.

It's up to Ottawa and Washington to resolve the problem now, Canfor president Jim Shepherd said. "The process really culminated with the NAFTA ruling," he said. "We have a decision that is legally binding in the court between our two countries.

Canfor will continue to remain active in two lawsuits it has a stake in winning: the appeal to enforce the NAFTA ruling and a second to overturn the so-called Byrd amendment, which turns duties collected over to U.S. companies. Both cases are before the U.S. Court of International Trade.

But it will speak with its own voice on the softwood issue from now on. "We believe the BCLTC [B.C. Lumber Trade Council] has served the purpose for which it was created," Shepherd said.

"This process that we were engaged in through NAFTA has successfully concluded and it is now time for the debate to be taken to another level," he said.

The announcement came as the World Trade Organization ruled that the U.S. complied with international laws in imposing billions of dollars in duties on Canadian softwood. On Aug. 10, the NAFTA Extraordinary Challenge Committee unanimously ruled against the U.S. International Trade Commission's threat of injury claim and said the U.S. duties charged to Canadian softwood companies were illegal under U.S. law.

Canfor, Canada's largest lumber company and a major pulp producer, said the decision dismisses all U.S. claims against Canadian lumber producers and terminates the case immediately.

The company called for U.S. duties, which now total nearly $5 billion, to be returned and any forward collection of duties to be stopped. Canfor said in July that it had paid on deposit $652 million US in tariffs. "It is now time for both Ottawa and Washington to reaffirm their commitment to a rules-based trading system and live up to their legal commitments under NAFTA," Shepherd said.

Canfor accounts for more than 30 per cent of the B.C. lobby group's funding, but president John Allan said the lumber trade council will continue to operate.

© The Vancouver Sun 2005