How to ra­tio­nal­ize gaso­line prices?

The Guardian (Charlottetown) - - EDITORIAL -

Lloyd Kerry is cor­rect to com­plain about P.E.I.’s goug­ing gas price of 95.9 cents/litre. Yes­ter­day the world price of crude oil fell to $30.44 per bar­rel but Is­lan­ders still pay the same retail price. IRAC never seems to give us con­sis­tent rea­sons for es­tab­lish­ing retail prices but al­ways have a new story to ra­tio­nal­ize its de­ci­sion. I don’t be­lieve IRAC can jus­tify a price of 95.9 cents/litre so I ex­pect them to re­duce it soon. David Steeves, Char­lot­te­town

Newspapers in English

Newspapers from Canada

© PressReader. All rights reserved.