The Régie de l’énergie released this week a new tool for visualizing gasoline prices.
Posted at 1:37 p.m.
Called “dynamic gasoline price survey at the pump,” the tool is a simple bar graph that breaks the price at the pump into three components: basic costs (raw materials and transportation), taxes and estimated retail margins.
Try the Régie de l’énergie tool
For example, on the island of Montreal, on November 29, a liter of regular gasoline sold for an average of 158.9 cents. The tool shows that the retailer margin was 14.1 cents per liter, or 8.9%, that day.
The data comes from a monitoring program of the Régie, which receives daily prices from 1,923 gasoline retailers throughout Quebec. “We even have to call some people, because they don’t have internet,” confides Benjamin Bourque, spokesperson for the Régie.
These data also show that current prices are increasing after reaching a low at the beginning of last October.
But they remain below the average for the last 12 months, which was 163.5 cents across the province.
Motorists from James Bay had to pay the most during this period: 205.3 cents per liter between April 24 and 29, 2024. Those from Saguenay were the most pampered, paying only 132. 9 cents for a liter on October 31.
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