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      02-22-2013, 05:55 PM   #1
apecush
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Premium fuel - why are we getting hosed?

I've been wondering this for a while. Yesterday at the pump, I found that premium is 0.15/L more expensive than regular. I spent the previous weekend in Las Vegas where premium is 0.25/gallon more expensive than regular. Converted, that puts the US price at 6.6 cents more per litre.

So my questions are:
-is this simply a supply and demand thing? (perhaps)
-does it cost less to produce premium in the US? (probably not)
-are Canadian taxes higher on premium fuel? (no idea)
-are we simply being gouged in Canada for premium (I think so)

What can be done about this, or do we just keep getting fucked like usual?
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      02-22-2013, 06:00 PM   #2
WingZeroX5
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if you think that's expensive, where I am, the discrepancy between reg and 93 is sometimes 40c

but that equates to about 4 bucks more, so bring a bag lunch to work, saved 4 bucks right there.
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      02-22-2013, 06:12 PM   #3
apecush
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Great, but that's still 0.105/L, so nearly 5 cents less than we pay. To convert it to US units, we are paying 57 cents per gallon for premium (91 octane) fuel. 94 is 76 cents more per gallon.
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      02-22-2013, 06:29 PM   #4
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Worldwide, we are probably heading into another recession
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      02-22-2013, 08:18 PM   #5
WingZeroX5
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supply / demand is the case, then we should see $1.50 gas! demand has been dropping and production either increased or remained the same...

in terms of taxes, it varies state to state but generally, there's the fed + state. I have no idea what those rates are
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      02-23-2013, 09:09 AM   #6
THE TECH
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Premium by far costs more to produce than regular.
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      02-23-2013, 09:40 AM   #7
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Edmonton gas is 30% cheaper than Ontario's so I don't feel bad at all....
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      02-23-2013, 06:49 PM   #8
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Lets take a stand. !! Lets trade all of our m3 for Prius'.
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      02-23-2013, 09:11 PM   #9
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In this economy I'd say it is actually better that petrol prices are higher rather than lower.
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      02-23-2013, 10:55 PM   #10
apecush
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Quote:
Originally Posted by THE TECH View Post
Premium by far costs more to produce than regular.
no kidding...

you read the first post?
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