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Price of gasoline

Posted by Jim Henry on June 15, 2009 | Filed under: Jim's Blog

The price of oil is down about 3% from yesterday, yet the price of a litre of gasoline keeps going up. The stations I passed on the way to work today were showing $1.019/L.

Has anyone been into a PetroCanada station in the last couple of days for gas? Did you notice the sticker on the pump that shows the breakdown of the cost of gasoline? Given that breakdown the price of gasoline should be in the $0.65 – 0.70 range. How can they justify the current pricing?

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