Are you frustrated with the fluctuations in gasoline prices? Finding it hard to understand what's going on? Well, you're right to feel that way. and you're not the only motorist who does. That's why CAA-Quebec has developed Gasoline Watch, a virtual tool designed to give you a more accurate perspective of the daily* price of gasoline in your region, as well as provide you with essential information to help you better understand how the pump price is determined.
TODAY, IN THE REGION OF:
COMPONENTS OF REALISTIC PRICE OF REGULAR GASOLINE
Daily acquisition cost indicate
Average retail margin over the past 52 weeks ***
Update: Nov. 21, 2008 08:12
It is logical to fill up your tank.
The situation is appropriate and consistent with the market for the consumer and the merchant.
It would be wise to buy only the minimum amount of gasoline that you need. If you can do that while waiting for the price to fall enough to reflect the main petroleum market indicators, you will be doing your part and expressing your dissatisfaction in your own way as a consumer.
*Price of a litre of regular gasoline sold in a self-serve gas station.
**The realistic price posted on this site is revised only once a day, from Monday to Friday (excluding holidays).
*** GST and QST included.
Driving on a daily basis has become an expensive undertaking. Unfortunately, it seems likely that the upward trend will continue into the long term: the days when gasoline cost 70¢ a litre are well and truly over... And given the significant consequences of higher prices, we might as well do what we can to limit the impact of climbing costs. The result will be beneficial for both your pocketbook and the environment.
Limit or delay your fuel purchases on the days that Gasoline watch reveals any inconsistencies in the prices in your region with respect to the realistic price
Do everything you can to reduce your consumption of gasoline. Read CAA-Quebec's advice about how to do that now.
CAA-Quebec follows the situation on a daily basis and speaks out about any and all inconsistencies. In fact, fluctuations in the price of gasoline are among some of the hottest topics when it comes to CAA-Quebec's actions with the electronic and print media. Public statements, advice for saving on fuel costs, the CAA-Quebec Dollars rebate program with Couche-Tard, which helps CAA-Quebec members deal with high gas prices-the list of the organization's various actions is quite extensive. For more information, simply consult the following:
Legal notice
The information that appears on this website is provided for information purposes only and represents first and foremost an informative tool for the consumer to better understand gasoline price fluctuations. The "realistic prices" can in no way be used against a gasoline retailer. CAA-Quebec cannot be held responsible for how the information is used.
CAA-Quebec takes several factors into account, including the daily acquisition cost indicator of regular gasoline and the average retail margin over the past 52 weeks, calculated using data provided by the Régie de l'énergie, Quebec's energy board.
The daily gasoline acquisition cost indicator
The daily acquisition cost indicator is calculated by CAA-Quebec by adding up the rack price provided by Bloomberg in its Oil Buyers Guide, transportation costs published by the Régie de l'énergie, and applicable taxes. The indicator varies from one day to the next based on several influencing factors.
What factors influence the pump price?
Pump prices are influenced by several uncontrollable factors…
How is the price of a litre of gasoline determined?
The price you pay for each litre of gasoline is made up of several components. Once again, changes can affect one of the components and alter the overall price.
