Neo Fuel Gasoline
Neo Fuel: Drive Beyond Limits
At Neo Fuel, we deliver top-tier fuels crafted specifically for Canadian motorists. Our certified Neo Fuel Gasoline incorporates over double the cleaning agents mandated by Canadian standards, enhancing your vehicle’s fuel efficiency by meticulously cleaning and safeguarding vital engine components from deposit-related performance losses.
Why Choose Neo Fuel Gasoline?
Whether you opt for regular, plus, premium or N-Power, all Neo Fuel Gasoline grades enhance fuel efficiency and offer unrivaled protection for peak performance. Featuring a patented cleaning technology, Neo Gasoline effectively cleans intake valves and fuel injectors while preventing future deposit buildup. Experience unmatched protection with Neo Fuel—no other gasoline shields your engine better against deposits!
Neo Fuel Diesel: Unmatched Quality for Diesel Engines
Owning a diesel-powered vehicle doesn’t mean you have to forgo the advantages of premium Neo Fuel products. Our entire range of Neo Fuel Diesel options, from our innovative renewable biodiesel blends to our industry-leading high-performance diesel, is expertly crafted to meet the demands of Canadian weather all year round.
Diesel: Coming Soon
Hydrogen: Coming Soon
WHAT IS IN THE PRICE OF EACH LITRE OF NEO FUEL?
1. Components of Neo Fuel Gasoline Pricing
The price of a litre of Neo Fuel gasoline is determined by four main factors: crude oil costs, taxes, refiner margin, and marketing margin. Due to fluctuations in gasoline prices over time and across locations, this breakdown varies:
– 40 to 55% accounts for crude oil costs, the essential raw material for producing gasoline and diesel.
– 25 to 35% comprises taxes levied by federal, provincial, and municipal authorities, along with GST.
– 10 to 25% represents the refiner’s margin, which is the difference between crude oil purchase costs and the wholesale market price of refined gasoline, influenced by supply and demand dynamics.
– 4 to 6% is the marketing margin, covering retail station costs and profits.
2. Factors Influencing Neo Fuel’s Wholesale Price & Refiner Margin
Refined products like gasoline and diesel are traded globally as commodities at the wholesale level. Neo Fuel determines its wholesale price based on both Canadian and international supply and demand. To do so, we reference benchmark commodity prices established in key markets such as New York, Seattle, and Minneapolis, which guide our competitive pricing strategies in regions like British Columbia, Alberta, Ontario, and Manitoba.
3. Regional Price Variations
Variations in transportation costs and provincial/municipal taxes contribute to regional price differences. The level of regional competition, shaped by supply and demand, also plays a role. Additionally, Neo Fuel locations with thriving convenience food stores, car washes, etc., can reduce their reliance on fuel revenue, allowing for more competitive pricing.
4. Rising Diesel Prices
The demand for diesel has escalated due to industrial growth in Canada and an increase in diesel-powered vehicles, particularly in Europe. Diesel, which doubles as home heating oil, sees heightened demand in winter months, leading to increased wholesale prices.
5. Gasoline Price Changes Before Long Weekends
Gasoline prices generally rise during the summer with an uptick in travel demand. While consumers notice price spikes before long weekends when driving more frequently, data shows inconsistent pricing patterns compared to other summer weekends.
6. Additional Information on Fuel Pricing
For more details on fuel pricing, consider visiting:
– Canadian Fuels Association
– Canadian Automobile Association
– Natural Resources Canada
