I have seen some pretty big spreads in gas prices the last few years but the current 24 cent spread is the largest I recall. Seems pretty clear that Esso and PetroCanada are trying to push prices up by a lot. Wasn't too long ago Regular was 54.9. Considering there is still really light traffic loads and low demand I hope it backfires on them big time. Glad Domo and Costco are resisting the push for higher prices. Fill up on the cheap while you can.
Calgary is pretty much 79.9 to 92.9, more on the side of 92.9. Costco is 84.9. I have seen a build up of traffic in the last week for sure here. Got my motor home and truck filled up for 55.9
Well, most of the Costco in Edmonton are up to 79.9 this morning, only one left at 74.9. A few stations at 76.9 but most places are now 85.9 to 92.9. Definitely want to gas up soon.
I'm hoping it doesn't happen but once things start to get back to what we use to do, fuel will get to $1.30 or more. They have to make up for lost revenue. Then they can blame it all on tornado's, hurricanes, maintenance and of course more demand.
Agree with you Barbless. Even at 1.30 gas I would not own shares in Suncor or any of the other refiners. Just do not see much upside in the next ten years. If 1.30 gas made Alberta's economy come back strong I wouldn't even complain about it.
At this rate if oil ever hits $70 a barrel we will be paying $3 litre for regular gas. Unfortunately ,regardless of what the oil companies would like to have us believe, gas prices are based on whatever they think they can get away with , not on the price of oil.
You can bet we will pay $1.30 l again and probably this year but it will do nothing to bring back the economy. It will just bleed the average consumer a little more , that’s all.
Edmonton Gas Prices 71.9 to 95.9
Hybrid Mode
