-
Right now the retail gas stations aren't making that much money because people are so price-sensitive on gasoline. But at the wholesale level they're making lots of money. The oil companies are having record profits," he said.
"Even if there's a slowdown in demand, (the Organization of Petroleum Exporting Countries) will cut to keep prices relatively high, but at the same time we think that they're going to gradually soften over time," [Vince Lauerman] said.
"We believe that the global economic slowdown that is just beginning is going to be much longer and deeper than most people expect and that it's ultimately going to try even OPEC's patience.
-
..., the presence of renewable fuel in gasoline, diesel fuel or heating distillate oil;. And where... be impacted by a small increase in fuel price at the pump if the fuel producers pass on their in... using an updated projection of Canadian wholesale gasoline prices. Over the 25-year period, the res...
-
The refining capacity is quite stretched," said Bart Melek, global commodities strategist at BMO Capitals. "So there is basically not enough fuel to go around or at least markets are very tight and higher prices are the market's way of dealing with robust demand around the world and limited supply growth.
Wholesale gasoline prices in Canada are part of a North American market, where fuel supplies are not catching up to demand. The U.S. Energy Information Administration reported this week that U.S. gasoline stocks, while increasing to 195.2 million barrels last week, remained well below the average for this time of year.
"It seems that every day there are announcements of refinery glitches in the U.S., and this rash of refinery snags is driving the crude futures market," said Victor Sh...
-
... regulatory regimes, a common carbon price and complementary border adjustment measures vis-... in the oil industry – effectively, a wholesale carbon tax at the refiners' level geared to the ca... The proposed Regulations require that gasoline fuel producers and importers (called Primary Suppl...
-
The chairman of locally owned Domo Gasoline Corp. blames this week's five-cent-a-litre hike at some Winnipeg gas stations on the country's oil refineries.
[Hugh Mackenzie] said it's the refineries that have decided to slash production rates to reduce gasoline inventories, and that's what's driven up wholesale prices.
So why are the prices so high?" he said. "Can you spell the word 'gouge?' The industry saw an opportunity to increase their margins and they grabbed it.
-
...( b ) in the case of gasoline, the rate of tax under Part VI of the Act applicab..., like certain importers and wholesalers, could have accurately determined the tax paid on ... cent rate on one-half of the manufacturer's price) will be eligible for a rebate equal to one-half t...
-
Westfield's financial results demonstrate the effectiveness of our internal and external growth strategies," said Armin Martens, president and CEO.
Passengers on UAL Corp.'s United Airlines, Continental Airlines Inc. and Delta Air Lines Inc., as well as Dubai-based Emirates, Dutch carrier KLM and Air France, will be able to power and charge their IPods during flights and watch video content from their IPods on seat-back displays.
EMS says the legal action is "frivolous and wholly without merit," then presented its "transformative" friendly takeover of Biogenie S.R.D.C. Inc. for $55 million in cash and shares.
...WASHINGTON -- Inflation at the wholesale level in the United States plunged at a record pacce in October, led by big declines in the price of gasoline and new cars. Wholesale prices fell 1....
-
... was doing little more than setting cartel prices and preventing competition, but also in finance, b... only opened markets, if at all, for wholesale access--primarily bulk power sales to local monopo...Finally, as everyone who has been to a gasoline station or paid a heating bill knows, prices have ...
-
Toronto's S&P/TSX composite index finished the day down 29.84 points to 12,279.56, while the TSX Venture Exchange gave back 40.06 points to 2,608.83.
... much of the weakness reflected falling gasoline prices, which pushed sales at service stations dow...inflation at the wholesale level down by a record 1.6 per cent last month. Co...
-
...Competitiveness. Canadian refineries are price takers with respect to both crude purchases and prroduct sales. Canadian wholesale prices are strongly influenced by U.S. and Europea...