Make us your homepage



  Top100  


  Classifieds  


  News  


  Help  


  Contacts  

Search: 

 



News

News category


Petro-Canada gas shortage costs retailers

13.08.2008 19:02 Shopping - Source: cbc.ca

This Calgary Petro-Canada station has already run out of regular and higher grade fuel. This Calgary Petro-Canada station has already run out of regular and higher grade fuel. (Karen Wade/CBC)

A Petro-Canada fuel shortage in Alberta and B.C. is costing at least one Calgary station $20,000 in potential sales.

Kiren Mjnda, who manages a Petro-Canada station in Falconridge, said until she gets a fuel shipment next week, she's predicting a substantial loss in business.

Her gas station sign is listing the price at zero, to let customers know their pumps are empty.

Petro-Canada had to shut down its Edmonton refinery last week after a piece of equipment broke down, drying up the fuel supply to stations in Alberta and the B.C. Interior.

"I know it's not good," Mjnda told CBC News on Tuesday. "It's losing money, it's losing business, everything losing."

Petro-Canada spokesman Jon Hamilton said the Calgary-based company has been in communication with its retailers, but its first concern is its customers.

Petro-Canada is warning of fuel shortages because of equipment failure in its Edmonton refinery. Petro-Canada is warning of fuel shortages because of equipment failure in its Edmonton refinery. (Karen Wade/CBC)

"Our focus right now is on getting gasoline production to return and to get product into our sites. Any other issues that we have to address we'll look at down the line," he said.

Fixing the problem at the refinery will take weeks, said Hamilton. In the meantime, Petro-Canada is relying on stocks of fuel trucked in from across Canada and overseas.

Industry analyst Michael Ervin said while there's a lack of refining capacity in North America, it wouldn't make sense for companies to build more capacity to prevent these types of shortages.

"It would be inconceivable to expect any refiner to have multimillions of dollars of extra plant sitting idle to await those rare occurrences," he said.

Petro-Canada said some stations are offering higher grade fuels at lower grade prices if there are no other options available.

  •  

Related

Internal Links

Refinery problems leave Petro-Canada out of gas

Audio

Colleen Underwood reports: Petro-Canada gas shortage costs retailers (Runs: 1:19) Play: Real Media »

Video

Bryan Labby reports: Refinery problems leave Petro-Canada out of gas (Runs: 2:05)Play: QuickTime »Play: Real Media »

Consumer Headlines

Petro-Canada gas shortage costs retailersA Petro-Canada fuel shortage in Alberta and B.C. is costing at least one Calgary station $20,000 in potential sales.BMW recalls 200,000 vehicles to fix possible airbag flawGerman automaker BMW AG is recalling 200,000 vehicles to correct a possible airbag flaw. GM crops could lead to 'disaster': Prince CharlesThe widespread use and development of genetically modified crops could lead to "the biggest disaster environmentally of all time," Prince Charles said Wednesday.Oil price jumps more than $4 after surprise drop in U.S. crude supplyOil prices rose Wednesday after a government report said U.S. crude supplies shrank unexpectedly last week.Cineplex big screens available to Xbox gamersCineplex Entertainment is renting out downtime at its theatres to video gamers looking to play their Xbox 360 titles.  

Consumer Life Features

IN DEPTHClean energyDo we need an Apollo project for energy?CLIMATE FORUMGore's challengeCan Canada be carbon-free in 10 years?SAFETYRecalls and Advisories
  • Skirts
  • Erectile dysfunction treatments
IN DEPTHCoffeeSlumping sales give java companies the jittersBLOGFood BytesIn praise of old kitchen gadgetsBLOGComm-OdditiesBillionaire breaks real-estate record with $793M bid

People who read this also read …

  Add comment

Name: 
E-Mail: 
Comment: 
Enter code: 



« November 2008
MonTueWedThuFriSatSun
     12
3456789
10111213141516
17181920212223
24252627282930

Last added news

Stocks jump on report of Geithner nomination for Treasury 22.11.2008 07:40 NEW YORK — Wall Street staged an astonishing comeback Friday, with the major indexes jumping more than 5 percent and the Dow Jones industrials surging nearly 500 points in a late afternoon rally,...

Auto dealers call for government help 21.11.2008 19:48 The industry group representing Canada's automobile dealers said Canadian politicians must take immediate steps to increase liquidity in the car markets.

Worried consumers turn to comfort spending on cosmetics, electronics 21.11.2008 19:46 Canadian consumers, worried about the wobbly economy, are shelving big-ticket purchases in favour of little luxuries, some retailers are reporting.

Michigan's governor hopes auto execs fly commercial on next trip to Washington 21.11.2008 17:45 LANSING, Mich. — Michigan Gov. Jennifer Granholm is confident the Detroit Three automakers will successfully persuade Congress to give relief to the battered industry next month.

GM to extend holiday shutdown, will cut production 21.11.2008 17:29 DETROIT — General Motors Corp. will extend its holiday shutdown or make other production cuts at five factories at as it deals with a continued U.S. auto sales slump and fights to stay solvent.

Dana stock stuck under $1 a share 21.11.2008 17:20 Skiers may have developed an affinity for Dana Holding Corp.'

Fostoria plant lays off 110 through month’s end 21.11.2008 17:18 FOSTORIA — ThyssenKrupp Crankshaft Co. has laid off 110 machine operators through the end of the month.

Rocket Ventures pledges $467,000 to local firm 21.11.2008 17:18 Rocket Ventures, the venture-capital fund operated by the Regional Growth Partnership, will make a $467,000 investment in AquaBlok Ltd.

Fannie, Freddie to halt foreclosures for holidays 21.11.2008 17:18 WASHINGTON — Mortgage finance companies Fannie Mae and Freddie Mac will halt foreclosure sales for about 16,000 households during the holiday season — Nov. 26 to Jan.

Belt-drive bikes go mass-market 21.11.2008 17:18 RICHMOND, Va. - For bicyclists whose pants cuffs have been shredded by the chain, a revolution may be at hand.

All news | News archive | RSS feed

Home    |    Add your site    |    Member login    |    Lost id    |    Contact Us    |    Help   |    Advertise    |    Privacy Policy

© Top100biz Inc., 2004-2005. This site is powered by AlphaStoreDesign.com