Gas Gouge Meter

By 250 News

Here is the Canadian Centre for Policy Alternatives  Gas Gouge Meter

A report out by the Canadian Centre for Policy Alternatives, says we are being gouged when it comes to gas prices.

The study, by the CCPA’s research Associate Hugh Mackenzie  says for nearly two years, gas prices have  consistently exceeded levels that would be justified on the basis of costs and normal profit margins.

According to Mackenzie, Prince George drivers are paying 25.6 cents a litre too much.  He says those extra pennies  add up to huge profits “Every penny per litre generates an additional $1 million for the oil and gas industry every day from gasoline sales alone,” says Mackenzie.

According to Mackenzie, when the oil companies cracked the dollar a litre  mental barrier, there was only one way to go...up.  He says excuses for increased pricing have ranged from Hurricane Katrina to troubles in Nigeria.  Mackenzie doesn’t buy any of it.

Want to  see if the CCPA  thinks you are being gauged?  They  have developed a gas gouge metre,  you simply type in the retail price you are paying and select the closest city from the list of cities on the site (Prince George is listed). The meter does all the calculations, estimates how much gas should cost, and lets you know how much you’re being overcharged.

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