Gas prices: CAA-Quebec believes retail margins are disproportionate



    QUEBEC CITY, July 23 /CNW Telbec/ - Retailers in almost every region of
Quebec are earning a very high profit margin on every litre of gasoline they
sell today, and this has prompted CAA-Quebec to denounce the situation. The
organization has noted a decrease in the petroleum price indicators (crude oil
and refined gasoline) in recent days, and says there is no doubt that
Quebecers are the victims of these disproportionate retail margins at a time
when so many of them are taking to the roads for their summer holidays.
    "It's bad enough that motorists have had to deal with constant and sharp
increases in fuel prices for several months, and now that the indicators are
showing a downturn in prices, the industry is refusing to give consumers a
break," said CAA-Quebec spokesperson Roxanne Héroux, noting that pump prices
should normally follow the same trends as those of the price indicators.
Except for the Greater Montreal Region and Northern Quebec, all regions in the
province are affected by extremely high retail margins. For example, margins
in Quebec City are 9.9 cents a litre; in Saguenay, 9.4 cents a litre; in
Trois-Rivières, 11.9 cents a litre; and in Sherbrooke, 9.6 cents a litre.
    CAA-Quebec's denouncement of the current situation is based on
calculations made daily to establish the realistic price of gasoline in
Quebec, which is posted on the Gasoline Watch section of its microsite
(http://www.caaquebec.com/infoessence/fr/default.asp).
    In the meantime, CAA-Quebec is recommending that motorists avoid filling
up or limit as best they can their purchases and consumption. "Since it's
vacation time, however, many motorists unfortunately have little choice but to
fill their fuel tanks," Ms. Héroux emphasized. Lastly, she advised the public
that on long road trips, driving less aggressively and more slowly are
excellent strategies for saving on fuel - and making sure vacationers arrive
at their destinations safely.

    A not-for-profit organization founded in 1904, CAA-Quebec
(http://www.caaquebec.com) provides automotive, travel, residential and
financial services, privileges and advantages to its some 950,000 members.




For further information:

For further information: Montréal: Roxanne Héroux, (514) 861-7111, ext.
3210, rheroux@caaquebec.com; Québec: Philippe St-Pierre, (418) 624-2424, ext.
2418, pstpierre@caaquebec.com

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CAA-Quebec

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