JimV8

I've often wondered the difference between retail and wholesale and just now wandered to a Petrocanada website thats lists the Rack Rate for different grades in various cities. Enjoy.

​​​​​​​https://www.petro-canada.ca/en/rack-...k-pricing.aspx

cstyles

But the stickers on the pump say 'only 3% profit'!

JimV8

I guess there must be a ton of overhead then.

creaturecat

1.45 - 1.48 for a litre of regular in Vancouver. astounding profit.

JTT

Remember those rack prices are BEFORE tax.

Pags993

Taxes generally account for an avg 35% of the pump price with the worst two cities tax wise being Montreal and Vancouver. We sell a lot of product into the channel, most stations could not survive on gas retailing alone. Snacks, drinks, car wash, lottery, smokes etc are absolutely essential components of the overall profit of a station. Think about how often you are asked for the add on sale at a gas station...

theiceman

.. and how ridiculously annoying it is lining up behind someone picking out lottery scratch tickets when you just want want to pay for gas.

petee1997

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Gregster

The worst is when that person doesn't move their damn car away from the pump while purchasing 50 lottomax tickets, a case of beer, a carton of Peter Jacksons while trying to process the payment using a maxed out creditcard. Better yet the local Esso near me (I still like the my aeroplan points) always has the pay of the pump option "broken" during peak hours forcing you to pay inside where you might buy something else like a car wash that doesn't actually wash your car

JTT

Don't even get me started...

ronnie993tt

And why aren't you paying at the pump?

A bit of searching and you'll find where the margins are in gasoline. It's quite competitive with no ongoing unreasonable profits. There is no money in gas stations. What really peeves me is the 25 to 30 cent a litre difference between Canada and the US........our higher taxes, expensive regulation, an inability to build pipelines, etc..

Mumbles

^ Indeed. I use my Aeroplan business visa along with Air Miles card at Shell at the pump.

theiceman

Some fleet cards don’t allow you to pay at the pump.
My latest irritation is guys tying to sell you credit cards while you pump gas at shell stations ( Yonge and shepherd )

JimV8

A couple of years ago in Mississauga guys approached me at the pump with a once in a life time killer deal on brand new Audio Systems, their boss had over shipped and they didn't want to take it back to the shop. Ssshhhhur guys,