Because one refinery in the province had a fire.
Now, admittedly, this refinery is responsible for a significant percentage of the provincial capacity. (Do I smell "putting all your eggs in one basket"?) But still, it's one refinery. One company.
Oddly enough, every company raised its prices. Supply and demand? The news today was all about a shortage...except for the reports that said maybe 75 stations out of Imperial's 450 were running short. Nobody else is running short. Why? Cuz there is no shortage.
How long will we tolerate oil company collusion?
There is, however, collusion, or my name ain't Larry Keiler. A local radio reporter spoke to an employee at a competing gas station and asked him why, since only one company's supply was affected, all the companies had raised their prices. This employee actually used these words: "Because we have to stay competitive." !!!!
Excuse me? Am I standing on my head? Since when does "competitive" mean you match your competitor's upward spiral? I thought competition meant that you might use a competitor's weakness to your advantage.
You see, the more this happens, the more I am convinced that we must find alternative and better ways to move ourselves around, if only to punish the companies that have grown obscenely rich by exploiting our need. Wouldn't we all feel so much better if we didn't need them anymore?