Gas Prices

[Glacier]

I'll take that gas price down here Glace since l don't need diesel.

173.9 is $0.10 below cost so it is going up for sure. Huge spike in wholesale gas prices today

[SouthSardiswx]

173.9 is $0.10 below cost so it is going up for sure. Huge spike in wholesale gas prices today

l couldn't believe back up to 197.9c in the central valley this morning a 17c increase absolutely insanity continues.
As l mentioned on Thursday l saw 179.9c to 194.9c
the 194.9c at the Esso was a sign l suppose.

[Hound]

It needs to be made illegal to charge higher prices for the gas in the ground tanks at the stations when that has already been paid for and no price fluctuation should occur.

[SouthSardiswx]

It needs to be made illegal to charge higher prices for the gas in the ground tanks at the stations when that has already been paid for and no price fluctuation should occur.

Suffice to say Hounderheat since most fuel stations top up everyday they do keep the lower price the day before then put it up after the re fueling it's rigged.

[Glacier]

Wholesale gas prices (and thus oil prices) are nearing the peak set in early March. Therefore, 197.9 for gas in Abbotsford is bang on what it should be given taxes and wholesale prices.

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[SouthSardiswx]

Wholesale gas prices (and thus oil prices) are nearing the peak set in early March. Therefore, 197.9 for gas in Abbotsford is bang on what it should be given taxes and wholesale prices.

Still crazy Glace, loving the homemade pies with your easy bake oven.

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[SouthSardiswx]

Insane gas continues to defy gravity up we go again throughout the lower mainland and valley.

[Hound]

People of BC need to launch a class action against this crap. We are being abused plain and simple.

[Glacier]

People of BC need to launch a class action against this crap. We are being abused plain and simple.

The Trudeau appointed judges want higher prices though. Studies show people won't start switching to electricity for their energy until gas prices are $2.50 to $3.00 per litre so taxes will increase until prices are that high (unless price fixing does it first).

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[SouthSardiswx]

The Trudeau appointed judges want higher prices though. Studies show people won't start switching to electricity for their energy until gas prices are $2.50 to $3.00 per litre so taxes will increase until prices are that high (unless price fixing does it first).

Another amazing and well put together chart Glace, good work kinda looks like my height and weight chart growing up, l kinda grew side ways it appears.

[SouthSardiswx]

People of BC need to launch a class action against this crap. We are being abused plain and simple.

Unfortunately Houndman, the masses seem to just go along with it.
Not much fight back left people are burnt out from Covid so another crisis has come at a time when everyone's too tired to fight. The oil companies know it as well.

[SouthSardiswx]

206.9c in the central valley this evening wow!
I felt absolutely sick filling up tonight.

[Glacier]

206.9c in the central valley this evening wow!
I felt absolutely sick filling up tonight.

Wholesale gas prices have rocketed up again today, so expect even more pain at the pump in the coming days.

Get ready for stagflation... https://financialpost.com/opinion/teren ... ry-failure

[Abby_wx]

Get ready for stagflation... https://financialpost.com/opinion/teren ... ry-failure

You could see this coming a mile away. I was rolling my eyes at the BoC's "inflation is transitory" comments a year ago. They have accomplished their goal - the rich and powerful have gotten a lot more rich over the last two years. Most of those people are also smart enough to know that the party is over and have taken steps to protect their wealth. It's the average Joe who blew his brains out with cheap mortgages and HELOC debt that is going to be left holding the bag. Many people have blown their home equity on fancy toys, tech stocks and crypto because they thought there was minimal risk.

The long overdue real estate crash looks inevitable as this point. Let's not forget we were in the early stages of a correction pre-COVID, so we've only kicked the can down the road since then.

[Hawk]

this is about gas prices...and i see Abby has the highest in Canada? Well BC in general has the highest..but we all know BC means Bring Cash!!