OnDemand WTP Pricing Research

Tag: oil prices

Ryanair expects to win in airline ‘fare wars’ | BBC News

Ryanair expects to win in airline ‘fare wars’ | BBC News

Ryanair chief Michael O’Leary has said he expects the airline to benefit from any price war in the industry. Mr O’Leary said “artificially low prices” and “attritional fare wars” could dent profits for a year or two. He was speaking after the airline reported that profits fell by nearly a third last year to €1bn […]

No more gas price gouging says Windsor MP | Blackburn News

No more gas price gouging says Windsor MP | Blackburn News

The MP for Windsor West is demanding more protection for consumers who are being gouged at the gas pump. Brian Masse wants the federal government to restore the Gas Price Monitoring Agency and brought up the issue during Question Period in Ottawa Thursday afternoon. “Mr. Speaker, with gas prices soaring once again nothing protects Canadians from […]

Fresh blow to consumers as fuel pump prices rise | The Standard

Fresh blow to consumers as fuel pump prices rise | The Standard

Consumers are staring at a fresh surge in the cost of living after the regulator sharply increased the price of fuel. According to the latest monthly fuel pump price review released by the Energy Regulatory Commission (ERC) yesterday, motorists will now pay Sh112 for a litre of petrol in Nairobi. This is an increase of […]

Canberra petrol stations made double the profit of their counterparts across Australia last year | Australian Broadcasting Corporation

Canberra petrol stations made double the profit of their counterparts across Australia last year | Australian Broadcasting Corporation

If you suspected that petrol stations in Canberra are ripping you off — you are right. The numbers have been laid out black and white in a report into fuel pricing by the Independent Competition and Regulatory Commission (ICRC), which found Canberra’s fuel retailers make on average a $750,000 profit annually, compared to $400,000 at […]

Saudi Arabia Hikes Oil Prices For Asian Buyers As Supply Crunch Hits | OilPrice.com

Saudi Arabia Hikes Oil Prices For Asian Buyers As Supply Crunch Hits | OilPrice.com

Saudi Arabia has increased its official selling prices for all crude oil grades for Asian buyers with delivery in June as a supply crunch resulting from U.S. sanctions on Iran and Venezuela opens an opportunity to boost revenues. Bloomberg reports the price for Arab Light with a June delivery date is now the highest in […]

Unregulated gas-price ‘gouging’ means huge profits at the expense of drivers in Vancouver, says economist | The Star

Unregulated gas-price ‘gouging’ means huge profits at the expense of drivers in Vancouver, says economist | The Star

VANCOUVER—Is it time to cap gas prices? With consumers paying record-high prices in Metro Vancouver, Premier John Horgan said this month his government would consider “some relief” for those who can’t afford $1.70 a litre. At least one economist says assistance should come in the form of regulation. Marc Lee, a senior economist at the […]

Big oil refiners from Alberta price-gouging B.C. customers: Think-tank | Vancouver Sun

Big oil refiners from Alberta price-gouging B.C. customers: Think-tank | Vancouver Sun

Alberta’s oil industry is raking in “excess profits” by price-gouging B.C. customers, according to a new report by the Canadian Centre for Policy Alternatives. Marc Lee, an economist at the CCPA and the author of the report, says: “Turn off the taps? Alberta already has Vancouver over a barrel,” and taxes aren’t to blame for […]

California governor seeks explanation for high gas prices | WRAL

California governor seeks explanation for high gas prices | WRAL

SACRAMENTO, CALIF. — California’s governor wants to know why gas prices are higher than in the rest of the country, blaming potential “inappropriate industry practices” Tuesday rather than the state’s higher taxes and tougher environmental regulations. Democratic Gov. Gavin Newsom asked the California Energy Commission for an analysis of the state’s gas prices by May […]

Apache delays production of Permian natural gas after weak prices | Reuters

Apache delays production of Permian natural gas after weak prices | Reuters

(Reuters) – Oil and gas producer Apache Corp said on Tuesday it temporarily halted production at its Alpine High assets in the Permian basin late March, curtailing output of about 250 million cubic feet of natural gas per day because of extremely low prices. Natural gas prices in the basin, spread across west Texas and […]

Consumers must revolt to stop gas price gouging | Lake Cowichan Gazette

Consumers must revolt to stop gas price gouging | Lake Cowichan Gazette

Consumers must revolt to stop gas price gouging The totally unjustifiable price gouging we are now seeing for gas should have people very worried. It is obvious the oil companies have lost any trace of social responsibility and fear of government intervention to control their greed. Unfortunately I think that we Canadians are largely to […]