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These lower costs can result in high-volume gas stations offering lower prices. Additional revenue sources. Gas stations with convenience stores can use profits from non-gas sales to subsidize the cost of wholesale gasoline (or diesel), allowing lower pump prices. Footnotes Footnote 1. Rack price is an industry term for the price that ...
Mar 8, 2022 · Play Video. On April 1, the federal government will increase their carbon tax by $10 per tonne adding an extra 2.2 cents per litre to the overall cost of gas. At midnight Wednesday, drivers can ...
Mar 2, 2022 · The NDP’s Fairness in Petroleum Products Pricing Actwill require the Ontario Energy Board to regulate the retail price and wholesale mark-up of petroleum products in Ontario. “At a time when the cost of housing, child care, groceries and everything else is rising fast, record high gas prices are taking a big bite of out family budgets,” said Horwath.
May 20, 2022 · The party says the retail and wholesale profit margins in Ontario have exceeded the price of crude oil on several occasions in recent years and regulation would actually tie gas prices to crude ...
May 24, 2022 · In the last year, gas prices have jumped by more than 50 per cent, pushing the cost of a litre to more than $2 in many parts of the country. At the same time, inflation — which is sitting at 6.8 ...
Apr 17, 2024 · Toronto drivers gas up on April 18, 2024, after an overnight fuel price hike saw a litre of gasoline reach $1.80. (Evan Mitsui/CBC) Drivers looking to fill up their tanks in the GTA were greeted ...
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May 20, 2022 · The New Democrats say they would regulate retail and wholesale mark-up of gas prices, getting the Ontario Energy Board to set a weekly price that includes reasonable profits for gas companies.
