'Ridiculous': Red Deer gas war leaves Calgary drivers fuming yyc yqf
A thread on Reddit sprung up overnight with more than 130 responses as of Thursday at noon. The gripe is the realization that gas 150 kilometres north of this city averaged 116.9 cents per litre, while customers at the pump in Calgary were shelling out an average of 139.0 for regular. Edmontonians, according to GasBuddy.com, were paying 131.4 per litre.Sign up to receive daily headline news from the Calgary SUN, a division of Postmedia Network Inc.
Dan McTeague, president of Canadians for Affordable Energy and the man behind Gas Wizard, which forecasts prices for the next day, . But he said Edmonton and Calgary stations are now actually priced about where they should be according to rack prices — earning between seven and 12 cents per litre.Article content“It’s a gas war. There’s no other way of describing it,” McTeague said, noting stations in that city on average are selling six cents below rack prices and loyalty cards will cut a further three-to-five cents per litre.
He said the prices are coming with refinery support or a company willing to eat the loss to stay alive in the fight, relying on bulk sales to lower their price or retail to cover their losses.
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