Costco fights energy board to reduce gas prices

Costco thinks the Energy Board is making errors when it calculates operating costs for gas stations.

In a bid to slash the price at the pumps, Costco is disputing how the board calculates the costs incurred by stations every week in the province.

Last year, a decision increased the amount used in a calculation from 3 to 3.5 cents per litre sold.

Costco is arguing that the operating costs are heading down thanks to market competition, as well as increased efficiencies in business models, according to a report in the Journal de Montreal.

The retailer wants to see that 3.5-cent figure reduced to 2 cents.

The report also said stations profit from volume rebates.

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  1. Barry posted on 05/07/2014 07:22 AM
    If a Provencial energy board fights to keep inflated market prices when the Government profits through taxes we don't need Judge Charbonneau to figure out there is something wrong. An energy board should be setting a maximum price not a minimum price that is what is so corrupt with this process yet where is the outrage at the obvious???
    1. joeN posted on 05/07/2014 08:24 AM
      @Barry That Barry is what we call "Quebec logic" like all the other taxes this province heaps on the taxpayers. It's bad enough that we have a high level of incompetence managing this province, we compound the issue with corruption at every level. The result is a province that is morally and financially bankrupt. Let's see if the Dr. will make things better.
  2. Terry posted on 05/07/2014 08:44 AM
    Thanks Costco. You always save me plenty of money filling my venerable Ford Crown Vic.
  3. Joe posted on 05/07/2014 08:56 AM
    If Quebec wants to compete in the real world and leave its fictional utopian ideologies behind it must tear apart the entire tax system and rethink all of the social benefits which are paid through tax dollars. We always look at one issue but the province has parked itself into quite the creek and has thrown away its paddle (a long time ago). Rethinking the tax system does not only mean the QST, income tax, corporate tax etc. It has to go all the way to home taxes and the way things are evaluated. The restructuring of the political system is definitely needed, but with corruption rampant amongst our top officials people are still looking at the construction industry. What Quebec needs is restructuring similar to that after a revolution (without the dictator).

    The Energy Board is small a small fish in the government pie, lets ask the SAAQ to divulge all of its information and demonstrate that all the money provided to them by motorists is actually being used to fund the road network (good luck finding this information) you will information on the amount they contributed to government coffers but there always seems to be discrepancies in the allocation of the funds.

    We need a political leader that will not be afraid to tear apart the system and make it more efficient. Tremblay promised that for Montreal (still waiting) Charest made similar promises (and we are still waiting for those as well).
  4. Murray posted on 05/07/2014 09:48 AM
    Thank you Costco BUT I saw the IS SOMETHING ROTTEN AT COSTCO blog and I will buy my gas in ON and the US, where we are frequently. If you have bilingual signs in Ottawa, I think that you should have them in Montreal as well.
    1. Steve posted on 05/07/2014 10:34 AM
      @Murray Bilingual signs in Ontario? On government buildings maybe but you won't see much French at all even in Ottawa on private businesses. Indeed you can't even get served in French in Ottawa restaurants a couple of kilometers away from Quebec.
  5. George73 posted on 05/08/2014 03:05 PM
    Its not in any governments interests to see lower gas prices when they are fighting a deficit and need all the tax dollars they can screw out of us. Its not as if one can just buy less gas in protest. People still need to get to work and everyone who doesn't live in downtown Montreal already, knows just how much public transport in this province sucks compared to other jurisdictions.

    Regardless of change in provincial government and a new mayor, Montreal has long been past the tipping point. Its days of being one of Canada's best are long gone. It's only cachet is the Old Port and a place for North Americans to practice their French under duress.

    Its time for it to wake up and smell the coffee. The rest of the world moved on while Montreal wasted its talent on navel gazing and blaming everyone but itself for its decline.
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