On April 1st, 2013, Revenu Quebec (link) posted a gas tax increase. Strangely enough the price today (April 3rd) has dropped two cents.
As I’ve written earlier (link), this price drop comes after having jumped ten cents in a single day in February, and then flat lining at $138,4 for several weeks. The price dropped for the first time since February today, two days after the tax increase, and now sits at $136,4.
The circles I work in for my alternate-desk-jockey-reality like to say that credibility is everything.
I can’t help but think that this pokes all kinds of holes in Big Oil’s credibility and certainly makes me wonder about many things besides their dubious pricing schemes.