Letter to the editor: Someone explain to me how this works

Ed Kent writes about his confusion surrounding gas prices.





A while back I wrote to ask about gas pricing. I am writing again about the same issue.

Recently local gas prices jumped to $1.38.9 a litre. Several things are confusing to me concerning this. The last time the price at the pump was over a $1.30 a litre the price of oil was $105 a barrel.

This time the price jumps to $1.38.9 and oil never got over $100 a barrel.  As I write this (Sept. 18) oil per barrel was $95.95 at the close of the day.

The other thing that’s confusing to me, the day that gas prices jumped to $1.38.9, Vancouver prices were $135.9.

Vancouver has a 15 per cent  transit tax so, how is it possible we are three cents higher than Vancouver? Since we don’t have an extra 15 per cent tax on our gas, should we not be at a $1.20.9? Maybe my math skills are failing me.

I was thinking that the oil companies should give balaclavas to their station owners as, I would feel better not being able to recognize the person robbing me.

Hopefully some one has an answer.

Ed Kent



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