Gas Prices.... WT?

[Wes_G]

Now I am no expert when it comes to fuel pricing, but has anyone else noticed that Oil is at the same price that it was before christmas, yet we are paying at least 10 cents more per liter of gas then we were before christmas? Funny how gas goes up so quick when the price of oil does, but is so slow to come back down. Also funny how if the price of anything else increased 10% in a couple weeks everyone would be crying, but when it comes to fuel we just pay it.

I have noticed. Last time I filled up the truck it was 99.9cents per litre.

[airbornedeerhunter]

We pay it because we have no choice. Gas is'nt a luxury item, its a necessity of modern life. The bitching about gas prices ship has sailed, no choice but to pay what they want. I know its infuriating and causes worry and anxiety for some but we can all rest assured that Oil and Gas CEO's have a special place reserved for them in hell! Don't sweat the small stuff!!!

[hal53]

That's actually funny....I had to read your post twice....how on earth do the CEO's of Oil Co.s dictate the price at the pump?????...hahahahaha

[tractor1971]

I paid 106.9 in stettler, and later that day 84.6 at Costco Red Deer-go figure!

[moosemad]

That's what gets me, when gas goes up .10 cents a litre overnight the stations still have their underground tanks full of gas they purchased cheaper.
They are saying gas will hit $1.50 a litre this year (but I've heard that before).

[go-big-or-go-home]

I also heard its suppose to get to that buck and a half by summer. Gross

[HunterDave]

Originally Posted by moosemad

That's what gets me, when gas goes up .10 cents a litre overnight the stations still have their underground tanks full of gas they purchased cheaper.
They are saying gas will hit $1.50 a litre this year (but I've heard that before).

In Morinville the prices stay low until they get rid of the old (cheaper) fuel that they have left in the tanks. It could be 3 cents cheaper here than at St Albert 15 kms away. Funny thing though is that all the stations seem to run out of cheap fuel at the same time, maybe a few days after the prices go up in St Albert/Edmonton.

[great white whaler]

I love my 800 klms to a tank Pontiac Sunfire for 50 bucks "Ride".....Can fit all my camping and fishing gear in the trunk .And of to the back country ,,away from the race of no sense.

[NoKlu]

Originally Posted by hal53

That's actually funny....I had to read your post twice....how on earth do the CEO's of Oil Co.s dictate the price at the pump?????...hahahahaha

What's really funny is that people still think the Oil price is determined by market conditions. They have this group called OPEC [made up of CEO's and politicians] that fixes the Oil price every so often. Did anyone catch the show where they did a tour of the Saudi's Oil control room? Everything is gold plated. They control the production and distribution of every drop from one command center. It costs them $2 a barrel to bring it to the surface and they need to get $50 to pay for the extravagant system they have. They pay about a buck a gallon at the pump.

[Off in the Bushes]

Opec might set the Price but we pay it. WE HAVE CONTROL OF THE COST OF GAS. The best way to control is the rising cost of gas is to pick a station in popular area and buy all your gas there encourage your peers to buy gas there also. Then the other stores are going to lose thier market share, then the cost of gas is going to come down at competeing stations to regain thier market share.

Try and open a non for profit gas station a "People Pumps" so to speak and watch the gas price drop in your town. And the big stations will keep the cost lower then your whole sale cost.

[huntsfurfish]

"Try and open a non for profit gas station a "People Pumps" so to speak and watch the gas price drop in your town. And the big stations will keep the cost lower then your whole sale cost."


See how long the main suppliers sell you the gas for your station. Pressure would be put on them to dump you quite quickly I bet.

[Fisherpeak]

We haven`t seen 99 cents a litre since .............I can`t remember.115.9 for months here.

[eastcoast]

I have a saturn vue v6 awd and it gets about 20 mpg now,haven't exactly done the done the numbers in a while but it's around there,my next vehicle is gonna be a diesel weather it's a 3 quarter ton of a vw jetta tdi,much better milage and lower operating costs.

[Walleyes]

Originally Posted by NoKlu

What's really funny is that people still think the Oil price is determined by market conditions. They have this group called OPEC [made up of CEO's and politicians] that fixes the Oil price every so often. Did anyone catch the show where they did a tour of the Saudi's Oil control room? Everything is gold plated. They control the production and distribution of every drop from one command center. It costs them $2 a barrel to bring it to the surface and they need to get $50 to pay for the extravagant system they have. They pay about a buck a gallon at the pump.

This is one of the best tin foil hat posts I have ever read on here,,, bar none...

[moosemad]

Propane is still .52 cents per litre in some places.

[Photoplex]

Originally Posted by Walleyes

This is one of the best tin foil hat posts I have ever read on here,,, bar none...

Par for this particular course

[Photoplex]

Originally Posted by NoKlu

<Crazy paranoid gibberish in here>

Because of course, if you had a valuable resource pouring out of a hole in your back yard, and a line of people a mile long at your front door all wanting it... you'd be giving it away for free, or at cost.

Hell, you're a regular Mother Theresa. They should canonise you as Saint NoKlu.

Wake up. Smell coffee. Remove tin foil hat. Take a scary step into reality.