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May 18, 2007

Gouge Consumers * Canada - Policy watchdog group says oil companies do it

A Canadian watchdog group is blasting oil companies and gasoline retailers for allegedly gouging consumers to the tune of millions of dollars.

Canada -Land Line Magazine (Grain Valley,MO,USA) -May 14 , 2007: -- Researcher and economist Hugh Mackenzie with the Canadian Centre for Policy Alternatives said gasoline prices in Canada are between 16 cents and 21 cents per liter higher than they should be... Using prices recorded on May 8, 2007, MacKenzie used the policy center’s formula to show that “normal” gas prices in Canada should range from 84 cents to about $1 per liter, not the $1.10 to $1.23 currently displayed at the pumps...

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