Search | Site Map | Newsletter | RSS | About CD | Contact Us | Advertise
Canada's Online Auto Magazine
Home
Classifieds NEW!
Contests
Auto News
New Vehicles
First Drives
Test Drives
Inside Story
Luxury Cars
Trucks
Buyer's Guide
Price Guide
Videos
Minivan Challenge
Fuel Economy Challenge
Photos
Features
Feature Articles
Green Scene
Winter Driving
Advice
Steering You Right
Product Reviews
Calculators
Crossword
Used Car Reviews
Auto Shows
Detroit 2009
Los Angeles 2008
Vancouver 2008
New York 2008
Toronto 2008
Chicago 2008
Detroit 2008
Montreal 2008
Auto Tech
Classics
CarTalkCanada
Forums
Blogs
Web Directory
Search CanadianDriver
Browse the Archive
www.canadiandriver.com

July 23, 2008

CAA-Quebec questions retail gas margins

Quebec City, Quebec - Retailers in almost every region of Quebec are earning a very high profit margin of every litre of gasoline they sell today, according to CAA-Quebec. The organization has noted a decrease in the petroleum price indicators on crude oil and refined gasoline in recent days, and said there is “no doubt” that Quebecers are the victims of these disproportionate retail margins, at a time when many are taking summer holiday road trips.

“It’s bad enough that motorists have had to deal with constant and sharp increases in fuel prices for several months, and now that the indicators are showing a downturn in prices, the industry is refusing to give consumers a break,” said Roxanne Héroux of CAA-Quebec. She noted that pump prices should normally follow the same trends as those of the price indicators.

Except for the Greater Montreal Region and Northern Quebec, all regions in the province are affected by extremely high retail margins. CAA-Quebec said that margins are 9.9 cents per litre in Quebec City, 9.4 cents in Saguenay, 11.9 in Trois-Rivières and 9.6 cents in Sherbrooke. The association calculates the realistic price of gasoline daily, which is posted on its website, Gasoline Watch.

More General News...
More Green News...

Subscribe to receive daily e-mail updates

Features include
    Green Scene
Green Car Reviews
Green Car Buyer's Guide
Eco News
Fuel Economy Challenge
Hybrids
Green Features
Green Future
Technology

Untitled
Quick Links
Research: Buyer's Guide, Price Guide, First Drives, Test Drives, Luxury Cars, Trucks, Used Vehicles
Photos: Galleries - Ten thousand BIG photos
Newsletter: Subscribe | RSS: Daily updates

Untitled
© 1999-2009, CanadianDriver Communications Inc., all rights reserved
Disclaimer | Privacy

Click here to advertise
CanadianDriver is a member
of the AOL Canada Media Network.