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Old Apr 4th 2012 | 1:22 am
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Default 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.

Last edited by magnumpi; Apr 4th 2012 at 1:26 am.
 
Old Apr 4th 2012 | 1:31 am
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Default 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.
 
Old Apr 4th 2012 | 2:11 am
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Default 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

Last edited by airbornesapper; Apr 4th 2012 at 2:54 am.
 
Old Apr 4th 2012 | 2:50 am
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Default 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
 
Old Apr 4th 2012 | 4:10 am
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Default Re: Gas Prices

Originally Posted by airbornesapper
Could be worse....and goes without saying far better than Blighty....which is running about $2.15 a liter there these days...Screw that.
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.
 
Old Apr 4th 2012 | 4:24 am
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Default Re: Gas Prices

Originally Posted by CanadaJimmy
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.
Spread-out, yes for some...

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).
 
Old Apr 4th 2012 | 6:42 am
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Default Re: Gas Prices

Originally Posted by CanadaJimmy
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.
I would hazard a guess that the average commute to work is similar England-Canada.

How many people take make long road trips regularly?
 
Old Apr 4th 2012 | 6:50 am
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Default Re: Gas Prices

its still $1.11 in some parts here.
 
Old Apr 4th 2012 | 7:07 am
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Default 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!
 
Old Apr 4th 2012 | 8:09 am
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Default Re: Gas Prices

Originally Posted by magnumpi
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.
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.
 
Old Apr 4th 2012 | 8:31 am
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Default Re: Gas Prices

[QUOTE=YYZlover;9989431]
Originally Posted by airbornesapper
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!
then again European cars are generally much more fuel efficient than North American ones..so probably evens itself out in the end.
 
Old Apr 4th 2012 | 8:40 am
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Default Re: Gas Prices

[QUOTE=cheeky_monkey;9989557]
Originally Posted by YYZlover

then again European cars are generally much more fuel efficient than North American ones..so probably evens itself out in the end.
I would much rather drive a ford transit or vauxhall movano diesel giving me 30mpg and a third the insurance in the UK than my f150 that does 10 -12 mpg with a trailer and crazy insurance prices it works out a lot less even though the fuel cost more
 
Old Apr 4th 2012 | 8:56 am
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Default Re: Gas Prices

Originally Posted by Novocastrian
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.
 
Old Apr 4th 2012 | 8:58 am
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Default Re: Gas Prices

Originally Posted by Alex2201
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.
Yes, but if I'd posted that you can just imagine the reaction from certain posters.
 
Old Apr 4th 2012 | 9:02 am
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Default Re: Gas Prices

Originally Posted by Novocastrian
Yes, but if I'd posted that you can just imagine the reaction from certain posters.


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