When the price of oil initially fell all the way down to 44$, the lowest price at the pump that I saw was hovering around the 70cent mark. I'm just trying to remember if we see a sustained 25% increase every year at this time because of the scheduled maintenance, and I just never noticed before.
Is it naive to expect a correction in April then? The benefits of a low value in oil are few and far between. Here is an article stating that the Irving and Suncor refineries are going down for maintenance for 3 months, in October.
http://www.bnn.ca/News/2014/10/3/Why...il-prices.aspx
A recent article about the pricing of gas at Canadian pumps, including an arbitrary raise, and closed refineries to raise the price artificially. (Considering how much it costs to build one of these things, it blows my mind that they would close one rather than sell it. Come on MPs, here's a flashy election issue for you to play with) The East-West pipeline is looking mighty sweet right now.
http://driving.ca/auto-news/news/mot...d-at-the-pumps
And if anyone is interested, a table on gas prices.
http://www.torontogasprices.com/retail_price_chart.aspx