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Old 10-29-2008, 09:28 AM   #61
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Evil oil companies.

I wish the price would stabilize....or OPEC is going to cut production soon, and send the price of oil through the roof again.
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Old 10-29-2008, 09:47 AM   #62
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I haven't read the whole thread so not sure this was answered.

And I'm not positive about this instance but I do know how gasoline could be cheaper in Ottawa than Calgary.

Firstly though, curious if you could tell me why you'd expect crude to be cheaper in Calgary.
I would be curious to know who on the CP forum would even be buying crude..???

Even though we have refineries in Alberta most of it (crude and bituman) still gets exported.
We do not have the capacity to process all the crude that comes out of the ground or upgrade all of the bituman from the oilsands.
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Old 10-29-2008, 10:07 AM   #63
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I would be curious to know who on the CP forum would even be buying crude..???
Personally I like an all natural lubricant. Never been a fan of those "store bought" ones. I keep it in a barrel by the bed.
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Old 10-29-2008, 10:21 AM   #64
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buy some oil stock, the gains made if that were to happen can far outweigh the gas price increase.
You just got to time it properly.

It could go to $50/bbl before it starts shooting up again.
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Old 10-31-2008, 08:20 AM   #65
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After the price change on Thursday morning and giving the stations time to settle on a price in the range they are allowed to charge, the price is $0.97-0.98 this morning (depending on the station).
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Old 10-31-2008, 10:14 AM   #66
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It's around 87.5 in Ottawa today
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Old 10-31-2008, 11:37 AM   #67
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84.9 at Fas Gas on Northmount
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Old 11-15-2008, 11:39 AM   #68
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hate to bring up an old thread but we just brok the 1.70 barrier.... i just got gas for $1.67 a gallon so that roughly 42 cents a litre...
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Old 11-15-2008, 11:43 AM   #69
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95.9/L in Victoria now...I'm actually shocked! I thought it would sit at just over a $1 as long as it could here.
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Old 11-15-2008, 11:46 AM   #70
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I don't know what the original poster thinks... but I would expected gas to be cheaper in Alberta overall because of the refiners and rigs we have... With the transportation costs being less, I'd expect it to be cheaper. And before the sky rocketing of gas prices like 5 years ago... gas in Calgary was cheaper.
OK thanks. So a few things:

Southern Ontario and Montreal have plenty of refineries

Refineries in Edmonton have not been performing well lately

Alberta oil is priced vs WTI

All montreal and maybe a third of S ontario crude is priced vs Brent.

Transport of crude to Montreal is much cheaper than you'd think, by vessel you'd be surprised how cheap it is.

Individual grades of crude go up and down vs WTI or Brent


So once in a while gasoline can be cheaper in say S Ontario or Quebec because grades that are run out east can be cheaper than the grades run in the west ... so input costs can be less. Further each market can have it's own supply / demand dynamics. Right now, the praries are very short gasoline and diesel because of local refining problems. So it is reasonable that once in a while gasoline is cheaper out east.
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Old 11-15-2008, 11:47 AM   #71
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Originally Posted by First Lady View Post
I would be curious to know who on the CP forum would even be buying crude..???

Even though we have refineries in Alberta most of it (crude and bituman) still gets exported.
We do not have the capacity to process all the crude that comes out of the ground or upgrade all of the bituman from the oilsands.
I don't understand your question.
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Old 11-15-2008, 11:48 AM   #72
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Evil oil companies.

I wish the price would stabilize....or OPEC is going to cut production soon, and send the price of oil through the roof again.
sooo the compaines are evil ... but a price increase is OPEC's fault. OK.
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Old 11-15-2008, 11:57 AM   #73
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85 cents at the huskey yesterday
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Old 11-15-2008, 01:36 PM   #74
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Not sure if this has been posted here...

http://www.calgarygasprices.com/
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Old 11-15-2008, 01:56 PM   #75
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down all the way to $0.85/L here in Saint John, compared to $110.95/L just a month ago.
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Old 11-15-2008, 02:05 PM   #76
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hate to bring up an old thread but we just brok the 1.70 barrier.... i just got gas for $1.67 a gallon so that roughly 42 cents a litre...
Wow, that's cheap. I was excited to fill my car up for 2.69 at the beginning of the week. That was premium gas, which I run through my car once per month, but even regular was still 2.49.
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Old 11-15-2008, 02:26 PM   #77
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Ive seen 83.9 at a few places around
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Old 11-15-2008, 04:51 PM   #78
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$1.81 here in Wichita.

The local media continues to say we have the cheapest gas in the country, but obviously a couple of hours south is consistantly cheaper!
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Old 11-15-2008, 06:41 PM   #79
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I filled my tank for less than $40 the other day at the Brentwood Co-op!

It was 85.4, I love it!
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Old 11-15-2008, 06:50 PM   #80
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Pretty close to empty in my car today, it cost me 34 dollars to fill up. 79.something per litre, here in Edmonton.
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