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March 08, 2012

Comments

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Greg

why is the gas 140.8 litre in Vancouver and 116.8 in Victoria (March 12 2012)?

Petro-Canada

Hi Greg, thanks for your question. Along with factors like the price of crude oil, weather and seasonality, supply and demand contribute to prices you see at the pump. Specifically, local market conditions like size of market, overall demand and competitive price play a large role which is why you are seeing price differences between Victoria and Vancouver.
- PumpTalk Team

Ted Harlson

Regarding the major retail prices at the pump, in the Toronto area, there used to variations in gas prices with differences of several cents per litre. However the last few years, all gas prices go up or down in almost perfect tandum. If gas goes up one cent with Petro, as an example, Esso miles away also goes up at the same time. The prices are centrally controlled. By what? By who? What new government rule makes these prices frozen and locked together?

Petro-Canada

Hi Ted, gas prices are not centrally controlled, however they are influenced by the items we discussed on this post along with local competition. There is an excellent PumpTalk video which helps explain this a bit more in detail. We hope this helps. http://youtu.be/9vyH3z4fVzM

- The PumpTalk Team

chris

I understand that the price of crude oil and refining contributes to gas prices. What I don't understand is how the prices can raise even when it is not a new shipment of gas. They recieved their shipment at one price, how is it the price can change every day even though the shipment that was recieved is still being used. This is not right. A mechant cannot up the prices until a new shipment arrives at a higher price, what gives he gas stations a right to raise prices every day while still using the gas that came in at a lower price.

Petro-Canada

Hi Chris, Thanks for your question. Although the price of crude oil is one of the largest determining factors of gasoline price, a number of other factors including local competition play a role as well. There is an excellent PumpTalk video which helps explain this a bit more in detail. http://youtu.be/9vyH3z4fVzM.
We hope this helps in answering your question.

- The PumpTalk Team

mutuelle devis

hello, I really like your article, but I can't see the pics, is it a problem with my browser ? (I'm using firefox)

Thanks,
See you,

Julie

Petro-Canada

Hi Julie, sorry to hear you are having trouble. We're note sure why you can't view the pictures, but here is a link that may help you with the issue:
http://kb.mozillazine.org/Images_or_animations_do_not_load
- The PumpTalk Team

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PumpTalk is a blog created by Petro-Canada, a Suncor business, to share information and engage in discussion about a number of topics, such as fuel efficiency and product responsibility. In our weekly posts, we discuss subjects that we believe are important and are of interest to drivers everywhere. Here you’ll find posts on gas prices, reducing fuel costs, sustainability, auto industry innovation, and vehicle safety and maintenance, as well as posts on climate change as it relates to the energy industry and our shared responsibility.

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