Calgary gasoline prices on Friday, May 23 (blue line) vs. price of oil.
- Thread starter DisobeyTyranny
- Start date
RightOfSask
Ga$$light R Us, Joyful Patriot Jabber
No suprise. Business 101. Charge the customer as much as you can without losing him. If they paid a certain amount with the carbon tax, charge them the same amount after the carbon tax was removed.
Same thing will happen with the tariffs.
Same thing will happen with the tariffs.
Hirudinea
12" Member
Businesses aren't charities.
DisobeyTyranny
Based Member
True. Wise businesses do not unduly take advantage of their customers so long as capitalism is functioning with healthy competition. With all the consolidation, where is the formerly canada on the continuum?
Hirudinea
12" Member
JeetsUnlimited
New Member
You are not accounting for competition.
In a competitive marketplace (eg. gas stations in the city), a market-wide drop in expenses is largely passed on as a price reduction to consumers. Businesses will under-cut each other to gain market share to the point where margins equalize.
In a competitive marketplace (eg. gas stations in the city), a market-wide drop in expenses is largely passed on as a price reduction to consumers. Businesses will under-cut each other to gain market share to the point where margins equalize.
ayn_rands_ghost
Commie Crusher
1.68 here in Hongcouver last evening.
DripDrop
Big frenly fren. Much wow!
BeerAndOil
Oilfield Mafia Boss
Very cool. Now let’s look at rack prices
95.84 for E-10. What’s the split between gas station margins and end user taxes?
95.84 for E-10. What’s the split between gas station margins and end user taxes?