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Lately (partially maybe due of corona virus scare)the price of the gas is as low as below 80 Cents a liter.
On regular days we pay average 1.10 $ / liter.For years past.
If we assume no one ever sells gas at loss...what is going on?
Do they really make so much profit per liter?Like 30 cets or more?
Is this not gouging?
74.9 gas 88.4 diesel at res this morning. What got me girls where wearing latex gloves at the till and busy busy.
208 liters to a barrel thy make a lot of money
They’ll pay a lot less the next time they fill their tanks than they did the last time. It’s not like the price the stations pay is fixed
Gas at .77C in Barrie this morning. Diesel is still ridiculously over priced.
The government is taking a beating with these low gas prices. They get a good piece of it. Deficits are gonna boom and recession is now a certainty. Add in the extra healthcare costs of the virus, perfect storm.
Gas prices at the pump are based on futures, not what it necessarily cost to produce and get to the pump.
Even with all the costs included like extraction, refining, transportation from other side of the world gas is cheaper per litre than milk. Just sayin.