Gas tank full today?

[habernac]

my father in law says it's $1.40 in the NE already, my wife just filled up for 126.9 and had about 30 cars line up after her.

[JerzeeGirl]

Oh crap - i can't get to my car till after 4pm, and i only have a 1/4 tank.....i am so screwed!!!!

thanks for the warning tho habby!

[metal_geek]

I saw the 140.9 this morning with half a tank in my truck.. I said screw it, I'll hold onto my money for a few days before giving it to the cartels...

Then I saw the line ups at the COOP gas station for 125.4 gas and decided to take them up on thier offer...

[STeeLy]

I don't quite understand.

How is Gas in Ontario cheaper than Gas in Alberta?

and it's not because we haven't changed our prices out here yet... it's like that all the time for some reason... when Calgary was hovering 132... it was 126 out here

[czure32]

thankfully for me, rural alberta tends to be slower at updating their gas prices. If today runs the same trend as every other time there has been a spike in gas prices, I should be able to fill up at 124.9 in Carstairs on the way home (thats what the 3 gas stations out here were at when I drove by this morning...The Co-op is always the last to increase the price as well)

[Locke]

Son of a bitch....

[Bleeding Red]

Originally Posted by STeeLy

I don't quite understand.

How is Gas in Ontario cheaper than Gas in Alberta?

and it's not because we haven't changed our prices out here yet... it's like that all the time for some reason... when Calgary was hovering 132... it was 126 out here

According to a CBC article - "By the same token, a regional glut of gasoline will drive down prices. That's why southern Ontario sometimes has gasoline prices below Alberta's, even though Ontario levies higher taxes. In fact, the gasoline used by motorists in central and eastern Canada is often refined from oil imported from Algeria or Norway. What some call gouging, the industry calls normal market forces."

Volume sales could also play a role.

[Pagal4321]

Thankfully I've got 3/4 of a tank.

I really don't understand the gigantic spike in price whenever they see a Hurricane stop porduction, but when the price of oil goes down the price of gas doesn't move.

[shane_c]

I really don't understand any of this. We've been at $1.32/l for the last 3+ weeks despite the price of oil coming down quite a bit. Oil goes up, gas goes up. Oil comes down, gas stays the same or goes up. I'm tired of this crap.

[metal_geek]

Originally Posted by fotze

I think because the hurricane can affect the refining capacity which is directly down the chain from the pumps, whereas the oil prie is for oil contracts a month into the future. So oil price fluctuations can take a month or more to affect the gas price, whereas the hurricane can instantaneously affect the gasoline supply/price.

They wouldn't want to shock us with 10.00 or 11.00 saved overnight... that'd be crule....

[Tyler]

Gas should be cheaper in Ontario. That's where all the refineries are I think.

PS: Saw the article on Canoe.ca yesterday and hastily filled up

[malcolmk14]

filled up last night, thank god.

[metallicat]

Filled up for a 1.21 or so just now here.

[CaptainCrunch]

Off to find Locke's car, got my garden hose and some breath mints for the gas taste.

[4X4]

Price tip: the Gas Plus on Parkdale Blvd (AKA Memorial) is always significantly cheaper. I filled up this morning at $121.9

The lady who works there told me that she'll be jacking up the price by 11am, so if you're in the neighbourhood...

[Bobblehead]

*sigh*
I had been waiting until Saturday since it is the Esso United Way Day (one cent per litre donated to the United Way) and I'm less than a quarter tank.

So by wanting to donate 1 cent per litre, I'm going to pay 10 cents per litre more.

[4X4]

Originally Posted by CaptainCrunch

Off to find Locke's car, got my garden hose and some breath mints for the gas taste.

Premium is sour, regular is tangy and diesel tastes good...

[OBCT]

Originally Posted by STeeLy

I don't quite understand.

How is Gas in Ontario cheaper than Gas in Alberta?

and it's not because we haven't changed our prices out here yet... it's like that all the time for some reason... when Calgary was hovering 132... it was 126 out here

I believe the main reason is because there are only a few huge oil companies that dominate the entire industry (Exxon-Mobil, Conoco, Shell, Chevron, BP, maybe a couple others). Most, if not all, of them are American-owned. These companies look at the big picture for their fuel distribution business, and make decisions based on that.

There are many vairables that go into gas prices (tax, cost of transportation, supply/demand, etc). Overall though, since the biggest markets in North America are fairly obvious, it makes sense for the companies to make their base of operations near these areas to limit unnecessary shipping costs for themselves overall.

One thing that can happen for certain areas because of this is extra transportation of the goods than necessary. For example, oil could be drilled in Alberta, shipped to a nearby refinery and be all but ready for distribution to the public there for a low cost. "Big Oil" doesn't see it that way. They look at the bigger picture for themselves --- Alberta is small, so they choose to ship all this near-finished fuel to their main (often U.S.) hubs for "tweaking" (ie. addition of additives, in-house testing), and then final shipping to the individual gas stations after that. The shipping costs become inflated for Alberta because there is no localized company which caters to just them; if there were, they could probably undercut gas prices at the pump there by a fair margin.

[Nufy]

I'm starting to think that the price of gas is linked to Oil prices only when the Oil companies want it to.

I'm sure there are market factors and stuff affecting it but for the average schmoe who see's gas go up with the price of Oil and then no change when it drops, you have to think something is up.

[transplant99]

Even worse here...not price wise...but stations dont HAVE gas to sell....many of them anyhow.

Just filled up 20 miles from my house...going back with another vehicle this afternoon. Price jumped $.40 a gallon from Tuesday.

Badt times.