Because the gasoline firms that provide B.C. submit their responses to a provincial fuel worth inquiry, a number of are refusing to share key knowledge on their margins.
The B.C. Utilities Fee (BCUC) has been tasked with probing the elements underlying B.C.’s excessive fuel costs and establishing a “widespread set of information” in regards to the market.
But in submissions to the BCUC, Suncor Vitality, Parkland Gas Company, Husky Vitality, Shell Canada and Imperial Oil say they’ll’t give the regulator particulars about their margins for causes of confidentiality and “aggressive sensitivity.”
All 5 firms declined to supply knowledge on their refining margins, whereas Suncor, Husky and Shell didn’t reply questions on retail margins — the metric that will illustrate the distinction between wholesale and retail costs, after taxes.
WATCH: A short historical past of fuel costs in B.C.