How Are You Affected?
As this chart shows Canadians are in fact paying a premium for energy. This is costly and will artificially affect the price of home heating, transportation, and food. This negatively affects Canadian productivity and quality of life
We would not be paying this premium if we had real competition at the refinery/wholesale level. Don’t blame retailers.
Canadians have never had a problem paying world market prices for commodities; however we are no longer paying the world market price for our energy. A serious lack of competition has allowed major refiner/marketers to artificially inflate the price of fuel.
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| WTI Crude: 51 ¢ |
NYMEX Refined: 57.6 ¢ |
| City |
Rack Price ¢ |
Rip-Off ¢ |
| Montreal | 61.1 | 3.5 | | Ottawa | 60.1 | 2.5 | | Barrie | 60.3 | 2.7 | | Kingston | 61 | 3.4 | | Peterborough | 60.3 | 2.7 | | Toronto-GTA | 60.3 | 2.7 | | Hamilton | 60.2 | 2.6 | | Guelph-Cambridge | 60.3 | 2.7 | | Kitchener-Waterloo | 60.3 | 2.7 | | Thunder Bay | 63.6 | 6 | | Winnipeg | 62.2 | 4.6 | | Vancouver | 67.9 | 10.3 | | Calgary | 62.5 | 4.9 |
*All Prices in Canadian cents/litre
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