What's with the gas price spike?

[tbiddy]

Provost is always high but it was 1.09 the other day. Yesterday it was 1.19. Drove through this morning, 1.24.

I fill up my F150 every other day. This price hike will hurt if it stays. I don’t mind paying 2014 gas prices, if I was getting paid 2014 wages. Lost all our mileage, so I put on about 500km a day or so and get paid nothing. High gas prices hurts the bottom line.

[tbiddy]

Originally Posted by Ken07AOVette

Retail on my 2012 f350 was $84,859.00 plus tax.
That was 6 years ago

I work with a guy who just bought a brand new, fully loaded Chevy, diesel, 1 ton. Added a few accessories (nothing crazy) and said he paid just over $100K.

[wildwoods]

Originally Posted by Newview01

Does a fully loaded dually even hit $100k?

over

[brslk]

Originally Posted by Skoaltender

$1.249 gas with these oil prices... at the rate we are going i'll be taking out a loan to fuel my vehicles if oil hits $80

But how come last time oil prices were higher than that, gas was less than that?

[pgavey]

I hope it goes above $2.50 per L in Mtl and Ottawa.

[JBE]

Originally Posted by Ken07AOVette

there are half ton trucks that are a hundred thousand $$$

????

[Scott h]

Originally Posted by Albertacoyotecaller

Why the price increase? Because you are willing to pay it.

Best answer of the day !!!!

[Bushrat]

Originally Posted by 79ford

Oil is up a good 15% in the last couple months, i think it is funny that everyone in alberta likes high oil prices but high gas prices are horrible and building new refineries is a stupid idea.


Hahahahaha, i love it, best thing ever

Gas wasn't this expensive when oil was over $120 a barrel

[Skoaltender]

Originally Posted by brslk

But how come last time oil prices were higher than that, gas was less than that?

Usually price of fuel and oil follow the same bumpy road. Ever since the crash of oil prices in years past they refused to let fuel prices correlate with prices of oil as they seen an opportunity to take advantage of the situation, they are now able to achieve even higher profits as the correlation dissipates.

[guywiththemule]

Love it !! Free market and capitalism at work and doing great !!

[Slicktricker]

Don’t like the price don’t buy it!

[drhu22]

Originally Posted by pgavey

I hope it goes above $2.50 per L in Mtl and Ottawa.

Why is that?

[Skoaltender]

Originally Posted by Slicktricker

Don’t like the price don’t buy it!

K, my family and I will just live on the streets.

[260 Rem]

Originally Posted by guywiththemule

Love it !! Free market and capitalism at work and doing great !!

Companies making a healthy profit. As long as wages don’t go up and eat into that profit, all will be OK.

[dewalt18]

Originally Posted by drhu22

Why is that?

Because he doesn't live in Ottawa or Montreal?!

[guywiththemule]

Originally Posted by 260 Rem

Companies making a healthy profit. As long as wages don’t go up and eat into that profit, all will be OK.

Don`t like it ? Walk...buy a bicycle...buy a mule(or god forbid , a horse). Don`t like the price of gas or diesel ???...don`t buy it ! Problem solved !!

[Slicktricker]

Ppl bitch and moan about everything these days ,they spend 80000 on a truck but extra 20 cents a litre and the butt hurt comes out

[bobalong]

Originally Posted by Skoaltender

Usually price of fuel and oil follow the same bumpy road. Ever since the crash of oil prices in years past they refused to let fuel prices correlate with prices of oil as they seen an opportunity to take advantage of the situation, they are now able to achieve even higher profits as the correlation dissipates.

And some on here don't seem to mind the increase at all, that would be those that are happy to bend over and take it.

[Pathfinder76]

Originally Posted by 79ford

Oil is up a good 15% in the last couple months, i think it is funny that everyone in alberta likes high oil prices but high gas prices are horrible and building new refineries is a stupid idea.


Hahahahaha, i love it, best thing ever

Math is apparently a struggle for you.

[FinnDawg]

Seeing price of fuel sure makes me miss riggin. Freeisel was the best part of the job!

[neilsledder]

Guys whine about gas at $1.20litre, but will go inside the store and buy a 500ml of water for $2! Water is free from a tap


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[barsik]

high fuel prices will be the catalyst to influence even more people buy electric vehicles for their next purchase, more so in the cities than in rural areas. eventually this will lead to a major collapse of fuel prices, so in effect, the major fuel companies are cutting their own throats. another alternative to this opinion is that oil execs see the trend toward EV's and are trying to maximize profits while the majority of vehicles still have internal combustion engines.

[Penner]

You can thank the NDP carbon tax for at least $0.20 per liter

[Jack Hardin]

Fifteen years ago we were paying $1.30 per litre in the Red Deer area.

[Sundancefisher]

Originally Posted by Ken07AOVette

Year end 4th quarter companies need a few more billion profit

Ha ha.

Not sure why the spike yet however do tell. Please let us know which oil companies profit is unreasonable rate of return for a business.

[Sundancefisher]

Originally Posted by 260 Rem

Companies making a healthy profit. As long as wages don’t go up and eat into that profit, all will be OK.

Which companies are making an unreasonable profit. Some people make statements however never back it up with substance.

[gevarm guy]

You have 3 alberta refineries basically controlling the gas price, gone are the days of gas wars. With only the 3 its very easy to say ok I think we can boost profits this quarter, were all in, pick a number for gas this week. Nobody bitches about it so done deal.
Just try to raise gas prices in Montana or any usa state 1.00 a gallon overnite and see the backlash that happens.
Like said earlier they raise prices on a whim and will keep doing so cause everybody just pays and nobody bitches.
Price of oil has little to do with the gas price as does usa refineries (cant believe people believe that usa refinery sh**t).

[Weedy1]

Originally Posted by 270person

I got the Hennessey Velociraptor package in mine. Took me just a hair over.

I was thinking the 6*6 with the twin turbo upgrade for the Wifey. She needs a little something to pick up groceries and kids.

> $300,000 US$$

http://hennesseyperformance.com/vehi...ociraptor-6x6/

I can see the gas prices hitting $1.50, oil climbing to $90/barrel and the NDP taking credit for all of it then getting voted back in for a second term.

[Redfrog]

Keep whining boys I think it's working.

[bobalong]

Originally Posted by neilsledder

Guys whine about gas at $1.20litre, but will go inside the store and buy a 500ml of water for $2! Water is free from a tap
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For most people in this day buying gas is not option, it is needed to get to work, and to do work, especially in the rural areas where there is no public transit system.

There is also no competition, all the big oil companies get together and set the price to what ever they want, when ever they want. Those who don't believe this are delusional, or know that it happens but work for an oil company and defend it.

There is competition for the bottle of water and everything else in the province so it has to stay at a reasonable price and increases can only be slight or people buy somewhere else.

Oil in Alberta anyway is about the only product out of everything sold here that has no competition......none, all companies work together. It is also one of the few companies that increase the price of their products gouging the customers at peak times. For the average person common sense clearly confirms this if you don't see this you would fall into the IQ category of a turnip.

Look at jewellery stores, electronics, grocery stores etc. at peak times these businesses because of competition all put a lot of their product on sale. They accept less margin but make up the profits with a huge increase in volume.