Friday, December 08, 2006

You have to know when to fill that tank

The bouncing price of gasoline went up and then down yesterday in Prince Rupert. Petro Canada set the pace Wednesday afternoon by increasing the price of gas by six cents a litre to 96.9, a mark that held until about mid-day yesterday when the station had a posted price of 90.9.

Only the Husky station seemed to follow their lead, as they had a posted price of 96.9 for the Thursday morning driving crowd.

The pricing structure of the gas stations across the country seems to be a rather well guarded secret, from a most secretive indusrty. In those cities with a competitive market, the price can plummet within hours, sparking great gas wars that leave the consumers giddy with delight as they scramble to the pumps. While here in the hinterlands we tend to have a price set for lenghty periods of time, usually going up or down by a penny or two through the month.

It's not know how long the 90.9 cents rate will last locally, Opinion 250 in Prince George has reported that price there are at the 96.9 level. With Christmas on the way and the increased amount of driving that goes with it, we can probably assume that the prices will be going up.

Nothing like a few lumps of coal for the travelling public.

Update: a cruise down gasoline alley on 2nd Avenue shows that Husky still has decided that 96.9 is still the benchmark price for Rupert refined crude, interestingly enough they still had people at the pumps looking to fill up, must be the coffee to go or the lucky winning lotto tickets.

The Gas buddy portal has a listing of all prices in BC, interestingly enough Terrace at the moment has among the lowest prices in the province, while Prince Rupert has the highest, a ninety minute drive lies between high and low. We've added the link to the Gas buddy site on the left side of our blog site.

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