PEI is the only province where the gov't (Island Regulatory and Appeals Commision) sets the gas price. Sadly with this setup every gas station has the same price. No gas wars here.

PEI is goverment intervention. I don't like it !  Price fixing leads to increased pricing and therefore creates more taxes. This is my opinion

Dale @ NOS

-- Edited by NOS on Thursday 3rd of May 2018 07:40:41 PM

Costco was $1.19 today, been a while since it was that low

You have to ask yourself, who does this gasoline taxing and price setting really affect and why?

Lets take Timbuk's example and no reflection on Tim, its the last post and it has comparative data to use. 

So at 40 litre fill up the lower price saved $5.60. Tim drove 45 minutes to get that savings, let's say the opportunity cost of his time is $30 per hour, the amount of money he could make doing something else rather than driving to get gas. In this example Tim's down $39.40, not even taking into account the fuel consumption of a two way 45 minute trip wear and tear on car etc... Add in waiting time at places like Costco.

Getting a lower price on gas doesn't affect the government, their tax is all in and forms the base cost of the litre of fuel so they don't care, Trudeau and McKenna get their piece,

I sure don't care, I just gave the 2 City Guys outside my office a $25 Tim Horton's card.

The folks it harms are the lower income people who's income is eroded at every turn, its part of the effort to create plenty of tax dollars for the ruling class to squander and create a subservient class of social assistance dependency and ensure continued votes for those in power. 

$1.12 at Cosco in Stoney Creek today

Yup, 101.6 Winnipeg Costco on Thursday night. Still 117.9 at some places out in the country though.

$1.43 at Costco in Victoria this morning.

They are sure gouging you on Vancouver Island !

$1.19 here, has been for a while....Was $1.28 for the longest time, but I guess Dougie had something to say about that.

-- Edited by poncho62 on Sunday 28th of October 2018 02:35:55 PM

98 cents here the last couple of weeks in Hanover, Ont

Well, wish I had one, I am in the wrong Province for sure. With what is posted above. Our regular in Metro Van is at $1.519 and is about to go up as of April 1st because the Government is adding a cent to the carbon tax. The two refinery's in Washington are doing some maintanence so no product. They are talking about it going to $1.609. Looks like some trips to the states are in the future. Down there it is $2.79 per gallon.

Luppy