That when you look at cost comparisons without the tax for gasoline and diesel gas in Canada versus the United States. There is certainly evidence of that when you look at refining back again to retail margins or products like gasoline or gas oil. With all the media and governmental attention becoming paid to this business, there truly have been no significant results anywhere more than the program of the last 20 many years to recommend that this industry by some means is not competitive. MT: I assume you are referring to the multitude of government investigations billiga uggs skor on cost repairing in the oil industry the final two decades which have billiga uggs rea not turned up anything? Ervin: That's correct. In reality the volatility in the cost by itself is another one of those indicators of competition. It presents to me what I think is a paradox in the industry and that is that the marketplaces that have the most unstable costs tend to be the markets that drive clients the most insane and they have a tendency to be the markets where clients are the most suspicious, even although customers benefit from those unstable costs. MT: To comprehend the elements behind pricing I want to dig a bit deeper and appear at expenses concerned in determining costs. Ervin: We just spoke about the nearby, regional and international ranges of competition and those are just 1 established of dynamics driving fuel prices. It is essential to realize that a refiner goes to the workplace in the morning, outlet canada goose looks at exactly where crude costs are, looks at what other refiners are charging and the rack price and basically then establishes what his refiner rack cost will be on that working day. The refiner is not simply in a position to say I am going to tack 15% on the crude price. That margin is a consequence of prices, it does not established the costs. Likewise when you look at the difference in between the rack cost and the real gas cost (without tax) we come up with a measurement which we call the marketing margin, which is likewise derived. The price of gas that is being set by rivals these days is going to figure out what that margin is. And finally taxes, which are by and large, fixed. If we appear at the tax content material for diesel, it is the 2nd greatest component right now following crude expenses, accounting for about 28% of the price. So we see through this worth chain that it is not just 1 dynamic but several dynamics outlet canada goose günstig that affect cost. One of the most frequent questions asked is why is it that crude prices can go down these days but the cost of fuel goes up a working day later. Individuals can't appear to get their heads around that but it is because crude costs are not the only thing driving the industry. There are dynamics at numerous ranges driving the price