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Gas Prices
Gone up again. But why?
My theory is that Gas tankers use gas or diesel , and gas went up in price so it cost more gas to deliver gas. Therefore the gas companies have to charge more for gas. But this means that it cost more to deliver the gas, so, the gas companies are then forced to put gas Prices up. But this means that it cost more to deliver tha gas, and so on. |
Re: Gas Prices
Err isnt a long weekend coming up (Easter) maybe thats why gas prices are increasing.
I give up and just pay whatever the price is as nobody can truly explain why. |
Re: Gas Prices
Could be worse....and goes without saying far better than Blighty....which is running about $2.15 a liter there these days...Screw that.
$1.32 for Regular in Freddy (at Costco)....Best gas up! I think the UK/Can gap is narrowing though...At one time UK petrol was 2.5 times more expensive....than here...can't remember when that was though. http://www.theaa.com/motoring_advice/fuel/index.html http://www.newbrunswickgasprices.com...184/index.aspx |
Re: Gas Prices
Apparently gas is $1.26 in Niagara. I'm off for a jaunt!
http://www.cp24.com/servlet/an/local.../?hub=CP24Home |
Re: Gas Prices
Originally Posted by airbornesapper
(Post 9988999)
Could be worse....and goes without saying far better than Blighty....which is running about $2.15 a liter there these days...Screw that.
But yeah, pretty sure it's because of Easter, the same thing happens every year at this time. In Metro Vancouver they've also brought in an additional 2¢ gas tax to pay for a new skytrain line. |
Re: Gas Prices
Originally Posted by CanadaJimmy
(Post 9989175)
Though it's debatable whether it works out better because the insurance is much higher here and driving journeys are often longer distances because cities and towns are more spread out.
But yeah, pretty sure it's because of Easter, the same thing happens every year at this time. In Metro Vancouver they've also brought in an additional 2¢ gas tax to pay for a new skytrain line. Spending hours on end in mind numbing jams in either country is a factor, although my only real experience with that is the UK side...but know GTO/Lower mainland can be brutal...still sat in traffic at Canadian rates is surely preferred if that's your thing. At the end of the day....it's about choices. Expensive insurance not for everyone...I think ours is pretty good...but we have been here a bit...I was doing 3 motor vehicles for a grand..(Wawanesa). |
Re: Gas Prices
Originally Posted by CanadaJimmy
(Post 9989175)
Though it's debatable whether it works out better because the insurance is much higher here and driving journeys are often longer distances because cities and towns are more spread out.
How many people take make long road trips regularly? |
Re: Gas Prices
its still $1.11 in some parts here.
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Re: Gas Prices
[QUOTE=airbornesapper;9988999]Could be worse....and goes without saying far better than Blighty....which is running about $2.15 a liter there these days...Screw that.
[url] $2.35 here in Sweden. Srew that! |
Re: Gas Prices
Originally Posted by magnumpi
(Post 9988912)
Gone up again. But why?
My theory is that Gas tankers use gas or diesel , and gas went up in price so it cost more gas to deliver gas. Therefore the gas companies have to charge more for gas. But this means that it cost more to deliver the gas, so, the gas companies are then forced to put gas Prices up. But this means that it cost more to deliver tha gas, and so on. Only the remaining 31% of futures are bought by companies who are legitimate purchasers. Add to that price collusion among the legitimate product vendors and there's your explanation. |
Re: Gas Prices
[QUOTE=YYZlover;9989431]
Originally Posted by airbornesapper
(Post 9988999)
Could be worse....and goes without saying far better than Blighty....which is running about $2.15 a liter there these days...Screw that.
[url] $2.35 here in Sweden. Srew that! |
Re: Gas Prices
[QUOTE=cheeky_monkey;9989557]
Originally Posted by YYZlover
(Post 9989431)
then again European cars are generally much more fuel efficient than North American ones..so probably evens itself out in the end. |
Re: Gas Prices
Originally Posted by Novocastrian
(Post 9989521)
There was an "expert" on the Bang & O'Bleary programme a few days ago who pointed out that fully 69% of the futures market for oil and oil products is carried out between traders who don't actually buy any oil or oil products (they are simply gamblers / speculators on the market). To be compared with about 20% pre-property and banking collapse.
Only the remaining 31% of futures are bought by companies who are legitimate purchasers. Add to that price collusion among the legitimate product vendors and there's your explanation. This is the main reason and also you have the US election this year the price is being artificially jacked to make Obama look bad because the wealthy in the US overwhelmingly support the Republican party. Not many democrats amongst wall street *ankers. If you have sirius XM listen to Thom Hartman weekday afternoons ch127 (Sirus Left) - I think his show is also available online. Very informative and talks about this issue quite a lot. What you pay at the pump has got bugger all to do with the supply and price of oil and everything to do with reasons (excuses) for the price to inflate or reasons that investors might think they are about to get stung. |
Re: Gas Prices
Originally Posted by Alex2201
(Post 9989584)
This is the main reason and also you have the US election this year the price is being artificially jacked to make Obama look bad because the wealthy in the US overwhelmingly support the Republican party. Not many democrats amongst wall street *ankers.
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Re: Gas Prices
Originally Posted by Novocastrian
(Post 9989587)
Yes, but if I'd posted that you can just imagine the reaction from certain posters.
Chuff em truth hurts |
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