Re: Gas station price signs not usable in Canada now
So, Rich... not expecting immediate relief from Ottawa, eh?
Hehe... we just had some plank senator here in the states propose raising
the gas excise tax by 10 cents to pay for Katrina, "because we are used
to the high prices"
Rich <firstname.lastname@example.org> wrote in
> On Mon, 12 Sep 2005 03:58:31 GMT, "Jim Warman"
> <email@example.com> wrote:
>>Paid $1.149/l in town this AM.... drove to Edmonton and decided to
>>take advantage of some lower prices... $1.089/l in both Edmonton and
>>Westlock. Geez... I can remember when I got married.... we were paying
>>what works out to about $0.06/l
>>FWIW... it didn't take long for them to "fix" all the signs in
>>"dwight" <tfrog93@GEEmail.com> wrote in message
> Cost tonight in Toronto was 105.9/litre. That's down from a high of
> 135.9 last week. I suppose it'll spike up to 114.9 in the morning,
> as usual. Price tonight = about $58.00 for my Mustang tank, 55l.
> I don't know what it's actual capacity is, I've never gone down to
> the bottom. The "commoditization" of gas has produced real winfalls
> for the industry because their pricing (refining, etc) does not
> oscillate like that, over such short periods. So, if 15 million cars
> filled up last week at least once, the extra $0.30/litre they charged
> for that time = about $270,000,000 extra over four days. The U.S.
> probably saw about $2.4 billion more for the industry and the
> government of Canada and Ontario split around $90,000,000 in EXTRA
> taxes owing to the higher price. Government's take from a year's
> worth of gasoline in Canada is around $20 billion. That doesn't
> include taxes on corporate profits, just pump tax.