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[23 Aug 2010 | No Comment | ]

I recently had a trip to Seattle and noticed that the price difference of gasoline first hand – 20 cents. We decided to fill up the car before entering the country and noticed that all of the customers at the gas station were Canadian. Here’s my analysis without trying to resort to the easy explanation of “price gouging”.
The oil industry is a commodity-based industry, so I think it would be a good idea to have some definition refreshers:

A commodity is a good that is in demand but …