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Gas prices on the rise again

StaceyB
August 29th, 2005, 09:13 PM
Get your gas now, fill those tanks. The price is going up again.

Karin
August 29th, 2005, 09:54 PM
Get your gas now, fill those tanks. The price is going up again.

Saw it coming and did so at 7am this morning. So did just about everyone I know around here & nationwide.

Another fact of the "flip side"...natural disasters such as hurricanes do have a way of stimulating the economy. Prices were bound to go up but this also forces the issue to take action and lower the prices over time. Everything will fall into place...fuel is transportation, the domino effect..

Have patience.

Prin
August 29th, 2005, 11:21 PM
Still $1.07/L here so far... We gassed up today, but Wednesday we're going to Ottawa so we'll capitalize on their cheap gas while we're there... :)

StaceyB
August 29th, 2005, 11:40 PM
I sent my husband to fill up about a half hour ago. He filled up at 94.9 but the guy at the gas station said it will be at 99 in the morning and steadily going up from there over the week.

Prin
August 29th, 2005, 11:47 PM
I wish for 94.4!!! We haven't seen that in a lonnnnng time. I dread what it will go up to now... 125.9? It went up to 114.4 last week... :eek:

Joey.E.CockersMommy
August 29th, 2005, 11:49 PM
Yikes its about 1.03 here its killing me this commute to work. Thank God I am car pooling.

Prin
August 29th, 2005, 11:56 PM
It's surprising how quickly I got used to it though. Gas went higher and higher and then came down and I actually called 104.4 "cheap" on Saturday. :D

mafiaprincess
August 30th, 2005, 12:47 AM
I paid 91.3 at canadian tire at 10pm.

Prin
August 30th, 2005, 12:48 AM
Where's the envy smilie?? Where is it?? :troll: ?

StaceyB
August 30th, 2005, 12:52 AM
That is our problem, we get used to things too quickly.

Prin
August 30th, 2005, 12:58 AM
I think it's because of the weather... If we didn't get used to it, we'd be b**chin' all the time!!! :D

StaceyB
August 30th, 2005, 01:05 AM
It is one of those strange things we do. We quiety disagree but rarely take a stand over anything.

Prin
August 30th, 2005, 01:07 AM
At least I can take comfort in the fact that my trip to Ottawa will be cheaper than if I was going to Quebec city!! :D

StaceyB
August 30th, 2005, 01:23 AM
Atleast for now. I can't believe it is so high there and our government is laughing all the way to the bank at our expense.
Enjoy your trip.

Prin
August 30th, 2005, 01:30 AM
I will!! I'm going to pick up my car!!!! I have been waiting for probably nearly if not more than a month to get it back. We'll see if it's finally ready on Wednesday! :)

BMDLuver
August 30th, 2005, 06:04 AM
It was 92.9 when we filled up in Hawkesbury and we were ecstatic about that. The line up was huge to fill. Will definitely be driving less to conserve gas as filling a minivan is too costly... at this rate we'll have to eat cereal and KD for months to recover.

doggy lover
August 30th, 2005, 06:09 AM
Is the gas prices here in Ont. cheaper that anywhere else in Canada? :ca:

BMDLuver
August 30th, 2005, 06:12 AM
Is the gas prices here in Ont. cheaper that anywhere else in Canada? :ca:
I think that perhaps western provinces would be cheaper as they have the oil fields? but Ontario is the cheapest of the eastern segment I believe.

Schwinn
August 30th, 2005, 10:01 AM
Cheryl is in Thunder Bay right now, and the prices are usually about 10 cents higher.

I'm glad we bought the Mazda5 rather than a mini-van like Cheryl initially thought of. The mileage is WAY better. The RED RANGER, however, is still awfully thirsty. And I just found out that my GO tickets are going to go up in prices. So much for higher prices making people take transit as an alternative!

april21h1
August 30th, 2005, 10:50 AM
our gas is at 99.7 that is regular self serve. until tomorrow night then it will be going up. Here on the island we are regulated.

Dogastrophe
August 30th, 2005, 10:53 AM
Somewhere between 110.9 and 112.9 right now in Halifax (been in this range for the past couple of weeks)

Rick C
August 30th, 2005, 11:02 AM
I think that perhaps western provinces would be cheaper as they have the oil fields? but Ontario is the cheapest of the eastern segment I believe.

Albertans pay the same gas prices generally as anyone else.

Its about $1 a litre here and the oil wells are pumping furiously all around me as I'm sitting here typing this!!! :sorry: :grouphug:

I think gas is about $3 a litre or more in Europe right now.

Buy uranium . . . nuclear power is on the way back.

Rick C
www.goldentales.ca

Schwinn
August 30th, 2005, 11:10 AM
With the price of gas, paternity leave is looking more and more attractive.

Prin
August 30th, 2005, 11:36 AM
Really? Alberta is $1? Last time I went over there, here it was 89.9 and there it was 49.9....

Rick C
August 30th, 2005, 12:02 PM
Really? Alberta is $1? Last time I went over there, here it was 89.9 and there it was 49.9....

I've never seen much disparity and certainly nothing like that. Maybe you walked into the middle of a price war on a street corner or something.

There are modest differences across regions but that's it.

I doubt if gasoline prices are much different in Texas versus New York either.

Alberta has the capability of lowering fuel taxes as a windfall to its residents but has elected not to do that.

The rest of the country is worried that Alberta, which already has the lowest personal and corporate taxes in Canada and no sales tax, might lower taxes even more, thus sucking Ontario and Quebec dry of businesses and jobs.

A famous Calgary bumper sticker from 1980, however, fits the local mindset: "Dear Lord, let there be another oil boom and I won't piss it away like the last time."

Rick C
www.goldentales.ca

Prin
August 30th, 2005, 01:45 PM
Hey, you have no provincial taxes still, so it's not all bad, right?

melanie
August 30th, 2005, 04:44 PM
were at AU$1.31 a ltr. it was 98cents this time last year. my mum says she remembers when it was like 38cents al te, i dont thnk i was born then though :D

it now costs $45-50 to fill my tank, i used to do it for $35 but i suppsoe thats the way things are...

apparnetly bred used to be near free, so i suppsoe tis all quite relative... :D

AliSam
August 31st, 2005, 01:17 PM
We hit 119.6 this morning in the GTA. Both my cars are half full. I am going to try to avoid filling up right now. Unfortunately, with the long weekend coming, it will probably get worse rather than better.

Prin
August 31st, 2005, 03:50 PM
We just saw 134.9!!! That's nuts!

chico2
August 31st, 2005, 03:58 PM
After the news last night,we went right away and filled up both cars at $104,gas was still 99cents/liter.
This morning it was $1.04..
Petro Canada had to split their shares because of all the profits they are making,something is very awry here :evil:
If they are making HUGE profits why raise the prices???

gdamadg
August 31st, 2005, 04:22 PM
something is very awry here
If they are making HUGE profits why raise the prices???

Not to mention the revenue the Governments at all levels recieve from the fuel taxes added to the price of gas. They don't care about the little guy, all the ones making these decisions can afford those prices. And big deal, they dip into the Oil Reserves a bit, I don't think we will tap them out. The refineries and pipelines affected only account for 14% of the US petroleum requirement.

Makes you think. I think there's gonna be a lot of issues to be thought about when the next elections at all levels come around.

doggy lover
August 31st, 2005, 06:27 PM
My boss said she filled up at $122 this am.

AliSam
August 31st, 2005, 06:59 PM
The 1.19 I saw this morning was down to 1.04 tonight. What is with the big jump?

StaceyB
August 31st, 2005, 07:10 PM
You aren't going anywhere at night they don't make as much money from us.

Prin
September 1st, 2005, 12:33 AM
In Qc it's steadier. When it goes up, it's up, day or night... :rolleyes:

StaceyB
September 1st, 2005, 06:07 AM
Canadian taxes on gas is 43%.

Schwinn
September 1st, 2005, 10:20 AM
What gets me is that they are saying the rise in price is due to the hurricane causing supply issues, which is crap. There's no way that a lack of supply has already filtered into the pumps. Everytime a "crisis" is mentioned, we see the price of gas go up within hours.

Also, ever notice the stickers on the pumps at Petro Canada? At one time, they used to show that 1% of the price goes towards profits. That number has been steadily changing. A buddy of mine saw one the other day that said 5%.

StaceyB
September 1st, 2005, 10:35 AM
I agree. Also, how can Canada be affected when we produce so much in our own country.

Jazz&Cricket
September 1st, 2005, 10:44 AM
We're averaging between $1.25 and 1.35 around here. I know in Finland where my daughter lives, it was well over $2.00 when I was there in 2001!
Of course gas would go up....just because I moved to my 'dream property' in the country...and get to commute 150km round trip! <BIG SIGH>
Although, maybe now I can convince my 'environmentally' friendly boss to let me work at home at least one day a week!

Dogastrophe
September 1st, 2005, 10:49 AM
Fuel is priced according to the going concern accounting concept. The price that you charge for an item should be based on the cost that you will pay to replace the inventory item. In this instance, as crude oil futures are increasing on the world market due to refinery capacity restraints (should be noted that there is no oil supply shortage, but rather oil refinary capacity shortages), today's inventory gets priced higher. Oil futures get driven up by speculation of what may occur, not necessarily what will occur or what has occurred.

On another note, there was a study released last week by a consumer marketing researcher who was looking at consumer reactions related to fuel prices. Essentially determined that people's reactions to the price of gas at the pumps is purely psycological given that the price of gas is prominently displayed for all to see all the time thus ppl notice changes to prices more often than they would for say, milk or bread.

Given all the above, it still pisses me off (can I say pisses??) when fuel jumps all over the place in the run of a week. ;)

nymph
September 1st, 2005, 11:00 AM
Gas in Ottawa this morning was $1.34/L, but thanks to the big threes and their employee discounts, SUV sales has not been chopped by this rising gas. :cool:

Writing4Fun
September 1st, 2005, 11:16 AM
I still say they should bring back the horse...http://bestsmileys.com/horses2/2.gif

StaceyB
September 1st, 2005, 11:24 AM
I second that

Schwinn
September 1st, 2005, 12:16 PM
I still say they should bring back the horse...http://bestsmileys.com/horses2/2.gif

We were going to try that, but we couldn't get him in the new car...

Writing4Fun
September 1st, 2005, 12:20 PM
Then you need a bigger car... :p

Karin
September 1st, 2005, 02:42 PM
I would like another oatmobile. At least I would get a warm nuzzle when I fed it.

Roxy's_MA
September 1st, 2005, 02:51 PM
Canadian taxes on gas is 43%.

not to mention we get taxed on our tax. They add the federal tax, and then they add the gst after that. :eek: :yuck:

StaceyB
September 1st, 2005, 03:03 PM
I don't know about gas but other items with sales tax and gst each tax is calculated on the base price.

Roxy's_MA
September 1st, 2005, 03:22 PM
According to the guy on CTV new last nigh, with gas they ad the GST after the federal tax. They didn't say anything about the provincial tax on the gas. As for pst, thank god I don't have to worry about that.

The article in the following link explains it a bit (second last paragraph)

http://cnews.canoe.ca/CNEWS/Canada/2005/08/17/1177386-cp.html