Quote:
Originally Posted by Harry Lime
By this point, the oil companies have pretty much detached gas prices from having any association to the value of oil.
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Or maybe it's just baseless complaining based on heuristics, faulty memories and falsehoods.
Alberta Synthetic Crude is C$93.30 per barrel right now. A year ago it was C$59.54 per barrel representing an increase of 57% year over year. Using para transit's cost per liter in July 2017 of C$0.88 cents per liter compared to C$1.34 per liter today, which represents a 52% increase.
Math checks out, but hey, it must be the refiners gouging you!