Why are gas prices so different at Calgary gas stations right now?
I've noticed since the provincial gas tax was cut a few days back, gas prices are kind of wild. Going around NW and NE some stations are 140-150 (which is a normal range) but some are still over 170 in the same area.
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2 Answers
rocio •
A recent surge in gas prices on the Prairies was largely unrelated to the gas tax. Instead, a refinery shutdown in Joliet, Illinois led to a shortage of gas and diesel in the US Midwest, prompting people to import more fuel from Alberta via the Enbridge mainline. This situation resolved itself when the refinery restarted mid-last week, causing gas prices to decline in the region. Gas stations typically purchase fuel in advance, so they may try to sell existing inventory at a higher price to maintain their profit margins.
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helena •
A 30-cent price difference within a single city is indeed remarkable. While I don't usually shop around for gas, a 75% cost savings by driving ten minutes to fill up is a compelling reason to make the trip.
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