Gas Prices

Discuss any and everything here, like Sports, Gas Prices, Music, Faith, etc.
User avatar
VanCitySouth
Weather Nut
Weather Nut
Posts: 523
Joined: Sun Feb 17, 2019 2:21 pm
Location: Vancouver (Langara)
Elevation: 72 m/236 ft
Has thanked: 363 times
Been thanked: 846 times
Gender:

Re: Gas Prices

Post by VanCitySouth » Mon Apr 22, 2019 12:02 am

moonshadow0825 wrote:
Sat Apr 20, 2019 6:54 am
There's this lone Esso or Chevron in Tilbury on River Road that was showing $1.78 :shock: on Thursday afternoon.
Not sure how he's getting any business when a 10 minute drive east or west gets you gas that is $0.10 cheaper
Maybe just wanted to be the record holder for a few days :lol: :lol:
2019-20 snow totals:
December: splats
January: 39 cm
February: 8 cm
User avatar
Canada Goose
Model Rider
Model Rider
Posts: 1161
Joined: Mon Feb 18, 2019 12:41 pm
Location: Port Coquitlam (Downtown)
Elevation: 11 m
Has thanked: 348 times
Been thanked: 1446 times

Re: Gas Prices

Post by Canada Goose » Mon Apr 22, 2019 6:26 pm

I'm back from WA State... $0.90!
Frenchman (from France...) living in Canada since 2008.
:snowwindow: :snowman: :sweat: © :anus:
User avatar
stuffradio
Site Admin
Site Admin
Posts: 544
Joined: Sun Feb 17, 2019 2:07 pm
Location: Maple Ridge
Has thanked: 510 times
Been thanked: 771 times
Contact:

Re: Gas Prices

Post by stuffradio » Tue Apr 23, 2019 1:44 pm

Gas supposedly supposed to hit $1.75 tomorrow.
User avatar
Forrest Gump
Model Rider
Model Rider
Posts: 1703
Joined: Sun Feb 17, 2019 3:11 pm
Location: South Surrey/White Rock
Elevation: 377 Ft.
Has thanked: 2790 times
Been thanked: 2291 times

Re: Gas Prices

Post by Forrest Gump » Thu Apr 25, 2019 8:57 pm

My brother n law was an engineering consultant in the oil & gas industry in Alberta for over 30 years , even he says the excuses they use to support increasing gasoline prices is nothing but a scam, and the refineries down for maintenance excuse is nonsense, since when has there been a gas shortage that would justify rising prices. And the carbon tax went up 1 cent this month not 50cents!! Warm weather and summertime reasons is another scam excuse, we've got enough oil for another 100 years. Even a few years ago when a barrel of oil reached $150, prices at the pump topped out at $1.50. Now we have $1.72 with oil at $60 a barrel.

Just found this most recent article that says we only get 10% of our gas from Washington refineries . So even if they did shut down for maintenance for a short time why would 10% affect us that much?

ttps://www.theglobeandmail.com/canada/article- ... o-provide/
Got to kick at the darkness 'til it bleeds daylight
User avatar
Abby_wx
Moderator
Moderator
Posts: 552
Joined: Sun Feb 17, 2019 2:14 pm
Location: Abbotsford
Elevation: 53 m (174 ft)
Has thanked: 1032 times
Been thanked: 833 times
Gender:

Re: Gas Prices

Post by Abby_wx » Sun Apr 28, 2019 6:37 pm

There's definitely a lot of gouging going on, no question. In addition to carbon taxes and other fuel taxes, I was reading that refiner margins and retailer mark-ups are both at all-time highs. Everyone who stands to make a buck is jumping onto the bandwagon.

Having said that, the lack of refining capacity here in BC is a real issue. We are currently shipping Alberta oil to Washington state refineries, who sell refined fuels back to us at a mark-up. These imports may only account 10% of our gas, but that 10% is critical for meeting higher demand during the warmer months. Gas companies know they have a captive market, and set their prices accordingly.

Despite common belief, there is no shortage of capacity on the existing TM pipeline. In fact, only about half of the crude oil we send to the US returns to us in the form of refined products. The rest is either sold on the US market or shipped overseas.

The Vancouver area used to have three refineries to supply our needs, but two were shut down after the Trans Mountain pipeline was built. This meant that we became reliant on Alberta and Washington state refineries for our supply of gas.

The proposed pipeline expansion is primarily for shipping diluted bitumen to Asia. Any excess capacity will continue to supply US refineries, who will continue to sell their gas back to us at a mark-up. No additional gas will be refined in BC unless we expand our refining capacity.

If Alberta could ship more refined product to BC, then why aren't they doing so already? Instead of shipping crude oil to WA state to be refined, they could be using that capacity to send refined fuel directly to BC. There are two possible answers to that question: 1.) Their refineries are already at 100% capacity, or 2.) It's more profitable to maintain the status quo. Which do you think is more likely? ;)
:dragon:
South Abbotsford
53 meters (174 feet)

January 2020 Cold Snap Stats

Date/Lo/Hi/Snowfall(cm)
12/-7.4/3.9/2.0
13/-10.3/-7.3/1.0
14/-11.7/-9.7/2.0
15/-12.4/-5.1/8.0
16/-8.4/-4.1/3.4
17/-10.2/-1.9/trace
18/-3.3/1.1/4.0
User avatar
Hound
Site Admin
Site Admin
Posts: 1244
Joined: Sun Feb 17, 2019 2:11 pm
Location: Fraser Heights
Has thanked: 5316 times
Been thanked: 1734 times
Gender:

Re: Gas Prices

Post by Hound » Fri May 10, 2019 11:28 am

"We are currently shipping Alberta oil to Washington state refineries, who sell refined fuels back to us at a mark-up. "
<-- That is so beyond stupid. :x
North Surrey/Fraser Heights
Elevation - 85 M./278 Ft.
:eatyum:
User avatar
Sardisbcwx
Weather Enthusiast
Weather Enthusiast
Posts: 4496
Joined: Sun Feb 17, 2019 2:37 pm
Has thanked: 8274 times
Been thanked: 2796 times

Re: Gas Prices

Post by Sardisbcwx » Thu May 30, 2019 5:33 pm

Gas remains @ 157.9c out here in central valley seems to be stuck at that price with Summer approaching that's absolutely nuts. I guess Ty my man a.k.a. have bike will travel must be on a bike road trip with the dry weather and comfortable temps.
:springh: :sunshine:
User avatar
stuffradio
Site Admin
Site Admin
Posts: 544
Joined: Sun Feb 17, 2019 2:07 pm
Location: Maple Ridge
Has thanked: 510 times
Been thanked: 771 times
Contact:

Re: Gas Prices

Post by stuffradio » Fri Jun 07, 2019 2:25 pm

Gas prices dropping below 140 in most places now.
User avatar
stuffradio
Site Admin
Site Admin
Posts: 544
Joined: Sun Feb 17, 2019 2:07 pm
Location: Maple Ridge
Has thanked: 510 times
Been thanked: 771 times
Contact:

Re: Gas Prices

Post by stuffradio » Wed Jun 12, 2019 9:03 am

Gas was 126 at Superstore in Mission yesterday.
User avatar
Sardisbcwx
Weather Enthusiast
Weather Enthusiast
Posts: 4496
Joined: Sun Feb 17, 2019 2:37 pm
Has thanked: 8274 times
Been thanked: 2796 times

Re: Gas Prices

Post by Sardisbcwx » Fri Jun 14, 2019 1:32 am

Gas is down to 132.9c here in Chilliwack but I hear it's 119c in Aldergrove.
:springh: :sunshine:
User avatar
VanCitySouth
Weather Nut
Weather Nut
Posts: 523
Joined: Sun Feb 17, 2019 2:21 pm
Location: Vancouver (Langara)
Elevation: 72 m/236 ft
Has thanked: 363 times
Been thanked: 846 times
Gender:

Re: Gas Prices

Post by VanCitySouth » Fri Jun 14, 2019 10:05 am

I filled up at 129.9 in Vancouver on Wednesday, but it's bounced all the way back into the mid-140s now.
2019-20 snow totals:
December: splats
January: 39 cm
February: 8 cm
User avatar
Abby_wx
Moderator
Moderator
Posts: 552
Joined: Sun Feb 17, 2019 2:14 pm
Location: Abbotsford
Elevation: 53 m (174 ft)
Has thanked: 1032 times
Been thanked: 833 times
Gender:

Re: Gas Prices

Post by Abby_wx » Fri Jun 14, 2019 10:57 am

117.9 at Costco. Thank you, John Horgan. ;) :lol:
:dragon:
South Abbotsford
53 meters (174 feet)

January 2020 Cold Snap Stats

Date/Lo/Hi/Snowfall(cm)
12/-7.4/3.9/2.0
13/-10.3/-7.3/1.0
14/-11.7/-9.7/2.0
15/-12.4/-5.1/8.0
16/-8.4/-4.1/3.4
17/-10.2/-1.9/trace
18/-3.3/1.1/4.0
User avatar
Forrest Gump
Model Rider
Model Rider
Posts: 1703
Joined: Sun Feb 17, 2019 3:11 pm
Location: South Surrey/White Rock
Elevation: 377 Ft.
Has thanked: 2790 times
Been thanked: 2291 times

Re: Gas Prices

Post by Forrest Gump » Fri Jun 14, 2019 4:47 pm

Abby_wx wrote:
Fri Jun 14, 2019 10:57 am
117.9 at Costco. Thank you, John Horgan. ;) :lol:
That's what I was thinking , but not according to the gasbuddy guy.
"McTeague has stated that the current drop in fuel prices is attributed to unstable economic conditions around the globe". As Gretzky once said, "that's a crock of crap".
Got to kick at the darkness 'til it bleeds daylight
User avatar
Sardisbcwx
Weather Enthusiast
Weather Enthusiast
Posts: 4496
Joined: Sun Feb 17, 2019 2:37 pm
Has thanked: 8274 times
Been thanked: 2796 times

Re: Gas Prices

Post by Sardisbcwx » Sat Jun 15, 2019 12:58 am

VanCitySouth wrote:
Fri Jun 14, 2019 10:05 am
I filled up at 129.9 in Vancouver on Wednesday, but it's bounced all the way back into the mid-140s now.
Wow that's sick! Van man.
:springh: :sunshine:
User avatar
Sardisbcwx
Weather Enthusiast
Weather Enthusiast
Posts: 4496
Joined: Sun Feb 17, 2019 2:37 pm
Has thanked: 8274 times
Been thanked: 2796 times

Re: Gas Prices

Post by Sardisbcwx » Sat Jun 15, 2019 12:59 am

Abby_wx wrote:
Fri Jun 14, 2019 10:57 am
117.9 at Costco. Thank you, John Horgan. ;) :lol:
How long was the line up Abby Sr.?
:springh: :sunshine:
Post Reply