Premium fuel - why are we getting hosed?

[apecush]

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?

[WingZeroX5]

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.

[apecush]

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.

[ScreaM]

Worldwide, we are probably heading into another recession

[WingZeroX5]

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

[THE TECH]

Premium by far costs more to produce than regular.

[bing240sx]

Edmonton gas is 30% cheaper than Ontario's so I don't feel bad at all....

[Chriskm3]

Lets take a stand. !! Lets trade all of our m3 for Prius'.

[BMW Fanatic]

In this economy I'd say it is actually better that petrol prices are higher rather than lower.

[apecush]

Originally Posted by THE TECH

Premium by far costs more to produce than regular.

no kidding...

you read the first post?