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Follow Dan on Twitter

Gas Wizard
Gas Wizard

Are gas prices rising or falling?

  • Home
  • Gas Prices
    • Gas Price Predictions
    • Price History
    • Gas Price Memes
    • Gas Mileage Tips
  • FAQs
  • Blog
  • About
  • Contact
Yearly total fuel sales in Canada

Yearly Total Fuel Sales in Canada

Yearly total fuel sales in Canada have witnessed significant fluctuations over the past few years. From pandemic-induced declines to gradual recoveries, the landscape of fuel […]

Yearly Total Fuel Sales in Canada Read More »


Gas Prices Rise in the Spring

Why do Gas Prices Rise in the Spring?

As the summer season approaches, many Canadians are gearing up for road trips and outdoor adventures. But with the warmer weather also comes an increase

Why do Gas Prices Rise in the Spring? Read More »


Global Fuel Supply

Global Fuel Supply Outlook- Fall 2023

As we approach the fall of 2023, the global fuel supply is facing a critical situation. The demand for fuel has been steadily increasing over

Global Fuel Supply Outlook- Fall 2023 Read More »


Better gas mileage

Get Better Mileage

Gas prices are constantly fluctuating and it can be frustrating to spend so much money on fuel. Fortunately, there are several ways to improve your

Get Better Mileage Read More »


Your Questions Answered

Are regulated gas prices a solution? No. They tend to hide true daily market price moves that most can easily get through the internet and

Your Questions Answered Read More »


Two weeks in to a 25% carbon tax increase – and the hurt keeps building

Here we are two weeks into a $50 dollar a ton Trudeau-Singh carbon tax – almost another 10 cents/litre on average for Canadians at the

Two weeks in to a 25% carbon tax increase – and the hurt keeps building Read More »


One week in to a 25% carbon tax increase – and the hurt keeps building

Here we are one week into a $50 dollar a ton Trudeau-Singh carbon tax – almost another 10 cents/litre on average for Canadians at the

One week in to a 25% carbon tax increase – and the hurt keeps building Read More »


Trudeau’s Emission Reduction Plan: Uncertainty, More Taxes, and Nothing to Help a Dangerous World

As Vladimir Putin wreaks havoc in Ukraine, he rests confident knowing that Canada – one of the world’s most energy-rich nations – remains utterly incapable

Trudeau’s Emission Reduction Plan: Uncertainty, More Taxes, and Nothing to Help a Dangerous World Read More »


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News Headlines

  • Mark Carney’s Davos Speech Signals a New Global Reality, and the World Is Paying Attention
  • Could Canada Be Next? Trump’s Greenland Gambit – Threats and Global Security
  • Why Xi Jinping Says China-Taiwan ‘Reunification’ Is Unstoppable
Via Google News

Latest Posts

  • What Portland’s 50% Renewable Fuel Blend Mandate Means for the Fuel Market in 2026
  • Mid-grade vs Premium Gas Price Difference: Why They Vary More Than Regular
  • Beat the Heat: Essential Summer Vehicle Maintenance Tips for Canadian Drivers
  • Buy Canadian: 10 Scenic Canadian Road Trips to Experience This Summer
  • Navigating the Impact of U.S. Tariffs on Canadian Auto Parts and Vehicle Prices

From Our FAQs:

A

Why are Gas Prices in “Town A” Higher than Nearby “Town B”?

Gas prices in Town A, might still be higher than in Town B despite lower transportation taxes due to several factors:

Retail Margins: Gas stations in Town A may have higher retail margins to cover operational costs, such as rent, utilities, and credit card fees, which can vary significantly between locations.

Supply and Demand: Local demand for fuel and the availability of supply can influence prices. If Town A has fewer suppliers or higher demand relative to supply, prices may rise.

Competition: The level of competition among gas stations in Town A versus Town B can impact pricing. More competition in Town B might drive prices down.

Distribution Costs: Even though Town A has lower transportation taxes, the cost of transporting fuel to Town A might be higher due to logistics or distance from refineries.

Market Dynamics: External factors like global oil prices, currency exchange rates, and regional economic conditions can also play a role.

It’s a complex interplay of these factors that determines the final price at the pump.

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