Rising oilpatch profits have little to do with high gas prices: Petro-Canada CEO

“They're not going to produce it for free or at a loss, so as your input costs increase the cost for the finished product also must increase”

For Canadians paying big bucks to fill their gas tanks, it might seem unfair that one of the country's biggest energy companies racked up more than $1-billion in quarterly profit, an 86 per cent increase over ... via Calgary Sun