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| The Esso on Memorial Drive in Clarenville @ 137.9 |
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| The Esso on Newfoundland Drive in St. John's @ 129.4/ltr |
Reports are coming out this morning
that the price of gas will be going down by up to 4 cents a liter tomorrow in
the weekly Thursday gas price setting shell game. So WAIT AND BUY
YOUR GAS TOMORROW!!
But my concern about gas goes
beyond un-explainable yo-yoing of gas prices.
My concern lies in that fact that
there is almost a 10 cent a liter difference between the price of gas in
Clarenville and the price of gas in east end St. John’s. No doubt we have
the Costco Corporation to thank for driving their immediate competitors’ prices
down, but when the difference is sustained for such a long period of time it
gets me thinking that there is something wildly wrong and sinister about gas
pricing in this province and more particularly, in our town. If gas
companies can afford to keep their prices significantly lower in St. John’s for
such an extended period of time without going out of business, it tells me that
they have lots of profit room to work with.
This issue is costing our economy greatly. As rational consumers we cannot be faulted for
buying gas at the lower price and seeing so many people travel to St. John’s on
a regular basis, locally owned gas suppliers are paying the price for this. Every liter of gas pumped in St. John’s by
people from Clarenville means money is taken out of local gas suppliers pocket’s
and money is taken out of our local economy.
This is bad for all of us.
Local gas suppliers should be
feeling the pain of this and should be making the big gas companies aware of
their collective problem. The differential is just
too great and must be brought into line in the form of lower gas prices in Clarenville. The long term cost of this is damaging
to our local companies and our economy – it needs to be addressed
People like to save money, make savvy decisions and feel right and smart. Sometimes it is so tempting to try saving money on gas that people forget about overall consequences for economy and the region’s budget. Such policy is most often based on people’s avidity. In this case it’s much safe using reliable companies even if their services seem a little more expensive. If you experience financial difficulties here is a service: online loans. It really might be helpful.
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