$1.054 cnd a liter here in Ottawa, Canada.
3.85L per US gal X by exchange rate between $cnd vs $US = ±$3.45 Us/Gal
Hard to say who is to blame in the high price of gas.
1st, producers make profits.
2nd, transporters make profits.
3rd, refiners make profits,
4th, transporters (again) make profits
Finally, retailler makes profits.
If you look at the BIG picture, Government picks up income tax on everyone mentioned above PLUS government (again) charges it`s own sales tax on the fuel
and government (again) allows all of the mentioned above to make unlimited profits.
Look on the stock market reports and find out which industry pays the most dividends to its shareholders? The energy industry. Where do you think they take this money to give back to their shareholders?
Aren't we all eager to invest money and get big returns??? Where do we invest our money? Mutual funds? (Which diversifies our money in high and low risk investments) (energy and economy?) Does this make all of us investors accomplices of the high gas prices ???
I think we should put pressure on the government to regulate the energy industry before we try anything (in my opinion) foolish like not buying gas for one day !!!
Don't forget if you don't fuel up for one day, eventually you will have to fuel up sometime. So maybe the retailler won't be too busy on that particyular day but will catch up on the next day. And so wil;l all of the above mentioned in my list.
ASK ME I WORK FOR A PIPELINE COMPANY HERE IN CANADA (WHERE WE HAVE THE 2ND KNOW BIGGEST RESERVE OF OIL AND NATURAL GAS AFTER SAOUDI ARABIA)
Just my 0.02¢