Quote:
Originally Posted by Sundancefisher
Volume most likely.
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Have the volumes changed that much in one year, probably not. I believe that the Chicago rack price has a substantial influence on the Canadian rack pricing, that being said there has only been an increase of about 15% on the Chicago rack price over the last 12 months.
That's right in line with the increases in Eastern Canada and the West Coast. That makes perfect sense considering the vast oilfields in Ontario and the lower mainland.
Maybe the Canadian petroleum producers that supply the prairie provinces can have a petroleum jelly dispenser installed next to the card reader at the fuel pumps. That way when we get bent over it won't hurt near as much. Since petroleum jelly is essentially a byproduct, it shouldn't add much of a premium to the pump price either.
We all know that the retailers have a fairly negligible profit margin based on rack pricing, so who sets/controls/manipulates/inflates the rack pricing in the prairie provinces? It couldn't be the oil companies could it?