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Gas Profiteering Report*
Nanaimo BC
Rack price: 84.20c

Taxes:
Fed: 10.0c
BC Motor: 14.50c
BC Carbon: 8.89c

Gas price: 148.9c

Profit: 31.31c

*Note: This is not an endorsement of low gas prices which discourage #climatecrisis acttion.
#bcpoli
Gas Profiteering Report*
Vancouver BC 11/06/19
Rack price: 82.60c

Taxes:
Fed: 10.0c
BC Motor: 25.50c
BC Carbon: 8.89c

Gas price: 133.9c

Profit: 6.91c

*Note: This is not an endorsement of low gas prices which discourage #climatecrisis acttion.
#bcpoli
Gas Profiteering Report*
Nanaimo BC 12/06/19

Daily Rack Price: 85.30c (+2.7)

Taxes:
Fed: 10.0c
BC Motor: 14.50c
BC Carbon: 8.89c

Gas price: 148.9c

Profit: 30.21c (-1.10)

*Note: This is not an endorsement of low prices which discourage #climatecrisis action.
#bcpoli #gpr
Gas Profiteering Report*
Vancouver BC 12/06/19

Daily Rack Price: 83.70 cents (+1.10)

Taxes:
Excs: 10.0
Mtr/Trnst: 25.50
BC CTax: 8.89

Gas: 131.9 cents

Profit: 3.81 (-3.10)

*Note: This is not an endorsement of low prices which discourage #climatecrisis action.
#bcpoli #gpr
Gas Profiteering Report*
Nanaimo BC 13/06/19

Daily Rack Price: 82.50 cents (-2.80)

Taxes:
Excs: 10.0
Mtr/Trnst: 14.50
BC Carbon: 8.89

Gas: 146.9 cents

Profit: 31.01 (+0.80)

*Note: This is not an endorsement of low prices which discourage #climatecrisis action.
#bcpoli
Gas Profiteering Report*
Vancouver BC 13/06/19

Daily Rack Price: 80.90 cents (-2.80)

Taxes:
Excs: 10.0
Mtr/Trnst: 25.50
BC Carbon: 8.89

Gas: 129.90 cents

Profit: 4.61 (+0.80)

*Note: This is not an endorsement of low prices which discourage #climatecrisis action.
#bcpoli
Here are the sources for this information:
Daily Rack Price (Across Canada):
petro-canada.ca/en/business/ra…

Taxes:
nrcan.gc.ca/our-natural-re…

Daily Gas Prices Nanaimo:
bcgasprices.com/GasPriceSearch…

Daily Gas Prices Vancouver:
bcgasprices.com/GasPriceSearch…
#bcpoli
And for BC Tax rates broken down by area consult this document:
www2.gov.bc.ca/assets/gov/tax…
Gas Profiteering Report for
#Vancouver, #Victoria, #Nanaimo, #Kamloops.*

A daily look at the profits of gas stations.

2019/06/14: Happy Father's Day Victoria dads! Ouch!

*Note: This is not an endorsement of low gas prices which discourage #climatecrisis action.
#bcpoli
I have now gained access to the daily Canadian report from OPIS.
opisnet.com/product/pricin…

Rack prices will now be the average, falling back to only Suncor if the OPIS report is unavailable.
The gas distributors for each location are:
Vancouver: Suncor, Shell, Esso, Parkland
Nanaimo: Esso, Suncor
Victoria: None in Victoria, using Nanaimo prices.
Kamloops: Shell, Suncor
Gas Profiteering Thread for
#Vancouver, #Victoria, #Nanaimo, #Kamloops.*

A daily look at the profits of gas stations.

2019/06/17: Historic rack prices coming... see reply.

*Note: This is not an endorsement of low gas prices which discourage #climatecrisis action.
#bcpoli
1/2 I am waiting for access to historic daily rack price data from OPIS. I am looking for the same for retail gas prices. Gasbuddy.com should have it. Once I secure those two things, I'll be able to reconstruct graphs going back through the recent spike in BC.
2/2 Then we'll be able to see how much profit margins were during that spike and if they increased as the prices increased or whether rack prices were also being impacted.
Stay tuned for more tomorrow. Which is also decision day for #TMX
#bcpoli #cdnpoli
Gas Profiteering Thread for
#Vancouver, #Victoria, #Nanaimo, #Kamloops.*

A daily look at the profits of gas stations.

2019/06/18: Profit rises as rack price drops. See reply.

*Note: This is not an endorsement of low gas prices which discourage #climatecrisis action.
#bcpoli Uptick in profits today thanks to low rack price. Future charts will be most recent 6 days like this one to see the week at a glance.Low rack price increased profit today.Uptick in profits today even while retail price drops. Future charts will be most recent 6 days like this one to see the week at a glance.Cheapest rack prices continue in the Interior.
1/2 In todays charts we can see the rack price has dropped across the province. The Island and Lower Mainland are now about 80c at the rack. Kamloops is at 78c.

Retail prices have also dropped slightly but profit has increased.
2/2 I've input historical retail GasBuddy data back to Jan 1 thanks to their resource here which I am now using for all retail prices.
fuelinsights.gasbuddy.com/Charts
I have not yet received historical rack data from OPIS. Hope to have that soon. The graphs are waiting to be filled! :)
Note: The April 1 rise in Carbon Tax will be included in the breakdown once the historical data comes... it's a lot easier to see it's small impact in the chart now though without the other stuff.

#bcpoli #cdnpoli #climatecrisis
Gas Profiteering Thread for
#Vancouver, #Victoria, #Nanaimo, #Kamloops.*

A daily look at the profits of gas stations.

2019/06/19: Happy Transmountain Climate Emergency Day!

*Note: This is not an endorsement of low gas prices which discourage #climatecrisis action.
#bcpoli #tmx Rack price ticks up by a cent. Retail prices continue down. Profits steady around 13-14c this week.Rack Price ticks up 1c. Retail continuing decline. Profits declining this week.Rack Price ticks up 1c. Retail decline but profits staying fairly steady around 31c.Rack price ticks up 0.5c Retail declining. Profits declining slightly.
Gas Profiteering Thread for
#Vancouver, #Victoria, #Nanaimo, #Kamloops.*

A daily look at the profits of gas stations.

2019/06/20: Prices and profits decline together. 😱

*Note: This is not an endorsement of low gas prices which discourage #climatecrisis action.
#bcpoli #tmx Retail and rack prices remain fairly steady around 138c and 81c respectively. Profits steady around 13c.Retail prices continue to drop. 6c since last Thursday in line with same in profits as rack prices steady around 82.5c.Rack prices steady around 82.5c. Retail prices declining along with profit by around 9c.Rack Prices steady around 78c. Retail prices and Profits down by 6-7c since last week.
And for my friends in my home of #PortAlberni. Our recent 7c decline is also purely on the back of profit making. @933thepeak @AlberniNews
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