To the best of my knowledge our fuel comes from the refinery (storage) in southern Ontario.
Let’s say a load of fuel is ordered for one of our gas stations in Huntsville. That load is transported to Huntsville in a quantity of approximately 50,000 litres.
That load of fuel was purchased at X amount per litre. As of the morning of April 17 the fuel oil company decides to raise the price/litre by nine cents. Let’s also assume that at the time of the increase the stock of fuel in the underground tanks was at 50 per cent. How can the fuel company justify this increase (25,000 litres x nine cents equals $2,250) when the fuel was purchased at X amount? Why do they receive this new-found wealth? This is just one load of fuel on one given day.
As with every business, they do have to profit in order to survive, but this is blatant gouging. Can the government not impose a fair cost to the consumer based on the original cost of this fuel at the refinery (storage) level?
We are living in a greed-driven society in which our “affluent” leaders are heading the pack.
Steve Garner,
Huntsville