Current Fuel Prices - Southern Ontario Fuels
Funny enough, but in Southern Ontario, all retail stations get their base fuel from a common pipeline from windsor to Kingston, with Terminals (where the 80,000 Litre Tanker Trucks fill up) along the way.
At the terminal (depending on the fuel , an additive is mixed in depending on brand (usually for Premium Unleaded).
So, Our base fuels arrive from the same refinerie(s), and are stored as needed at the terminal bases.
Approximtely 10% of the Southern Ontario market for Volume of fuels is supplied by US refineries.
This means that 90% of Fuel is sourced from within Canada.
Yet , after the Hurricane Hit South Texas, and the refinery shut down,
the retail pricing of RUG (and D2) went up 10 cents per litre (40 cents CAD per US gallon equiv).
After the initial news reports about the price increase, and the refinery was turned back on again in the US (I believe), and the 10% of extra shipments were back on stream, did the price go back down...?
Not in Kanuckistan!
Chime in with your thoughts.
[edit, Current Fuel Pricing is $0.999 for D2, and CAD $1.119 for RUG per Litre/ with conversion for a US/CAD exchange of 0.81, then D2 is USD$ 3.09, with RUG of $3.46]