Petrochemical Program-Something Missing Here...

I'm often asked which of the points programs are a benefit whenever you go out to get gas. Interesting to note that I don't use some gas stations for the simple reason that I don't get anything from them so, sometimes I can be the discerning client.

Sometimes I like to treat myself...

I couldn't help but notice that another one of the big companies is trying to rope the consumer into a huge line of credit and interest rates all at the detriment of the consumer. I sometimes think that a lot of us are just plain stupid. Now Petro-Canada wants you to apply for a credit card/ Petro-points card that gets you two cents off a litre. They also want you to believe that that 47% crude cost makes up part of the cost at the pumps...Now there's hogwash! Here's Canada's oil company hauling away Newfoundland and Labrador crude off our shores from Hibernia at $13.00 cost to the wellhead and their share of the "daily oil" is selling for almost $75 bucks a barrel.

Perhaps you want to re-jig that 47% number?...Don't you know that the refining sector has been Petro's moneymaker too, with about $30 bucks a barrel going in the bank?...My!

Brutal it is!

Surprise Canada!

Ultramar offers the two cents off provided you buy more than 25 litres and Canadian Tire, with their coupons, you can do a little better through exchanges of Canadian Tire money for in-store product and some cases, cash.

Both programs don't charge you interest on a credit card for that stuff back even though they have their credit cards too.They have other viable options.

What is it with "Canada's Oil Company?"...

Here on the Rock, they charge the most expensive prices for heating oils in the St. John's area and now the Petro guys want to nail you hand in hand with the banks.

I say "No thanks"...

Here's something to consider if I still don't have you thinking...

A quart of oil here costs the consumer $3.99 at the local Canadian Tire and that can be quickly had at the cost of two fill-ups at their gas bars. Last time I got a quart at Petro-Canada, and thank God they sold all their branches in Newfoundland,it cost me $4.99. That was a while before they sold the shop to North Atlantic.

Considering that, on the mainland, Canadian Tire gives money back on fuel as well as dollars to consumers to shop at Sobey's, then maybe PetroCanada should consider the grocery business. They've already started on the banking industry.

Trouble is, the banking industry are seen as crooks...(ahem!)

Two cents off with an application for a line of credit too?...No sale!

Hey PetroCanada. Here's a message for the comunications people and the ones at the top trying to turn a profit...

How about something tangible to MATCH what Canadian Tire gives?...How about competing with them more rather than trying to squirm a few more people into getting a high interest credit card...

I'm just plain glad that they're almost off the Rock.