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Post by princelh on Mar 12, 2007 23:21:39 GMT -5
World price of oil is $2.00 cheaper than a year ago ($58.00 a barrel)and were still paying $103.9 a litre, here in southern Ontario. Last year, at $61.00 a barrel, we had a price point of 79 cents a litre. What a screw job they are doing to us this year. A class action lawsuit is in order.
When Katrina happened, our price went up because of the damage to refineries on the Gulf coast. Even though we don't get refined oil from the Gulf coast refineries. We have a refinery fire in Ontario, and the price goes up across Canada, but for some strange reason, it didn't go up in the Gulf region or anywhere else in the U.S. OK, which part did they screw us at? This year or a year and a half ago. My answer is both!
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Post by Skilly on Mar 13, 2007 5:53:09 GMT -5
We were promised that the price would come down, weren't we franko? Btw ... the price here is over 113 cents a litre. And the summer "oh we are in short supply because everyone is driving to their cabin" season isn't even here yet.  Goes up in the summer because of over consumption (cars), goes up in the winter because over sonsumption (homes) ... I dont get it really ... you can't have both. Unless they think people just stop using their cars in the winter. I think they just use any excuse because they know there is nothign we can do about it. |
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Post by franko on Mar 13, 2007 6:09:25 GMT -5
Supply and demand, baby.
Supply is a little short because of refinery fires -- one in Alberta too. But it is the demand that drives the price. People drive. In cold weather they warm their cars up and use gas, spiking demand. Even though they may not go as far they use as much if not more gas. Case in point: my daughter, who was just severely lectured -- I couldn't believe jhow much gas I was going through -- seems she was idling the car for 10-15 minutes to warm it up after her night shift. Most people aren't that bad, but mileage goes down and consumption goes up in winter. Yet another excuse to gouge consumers keep prices up. If people quit driving the oil companies would lower prices to encourage people.
We're stuck with it, my friends.
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Post by Habit on Mar 13, 2007 16:11:29 GMT -5
...but mileage goes down and consumption goes up in winter. That is a false statement. Gas mileage (or would that be kiloage with the metric system) goes up in the winter. People drive slower in the winter than the summer which adds to MPG. Also with the addition of colder more dense air, the car computers put less fuel into the combustion chamber to achieve the same spark as if it was trying to achieve in the summer with less dense hot air. But idling a car for 10-15 minutes is just an insurance claim waiting to happen. |
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Post by princelh on Mar 15, 2007 21:49:36 GMT -5
Still hasn't moved, here in Belleville, Ontario. Price ranges from 104.9 per litre to 101.9 a litre. The price of crude is still under $60.00 per barrel. Another item, I see that many of the Ontario gas stations are now using up to 10% Ethanol, up from 5%. Is Ethanol not cheaper to produce than crude right now? More cash for big, greedy oil!
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Post by franko on Apr 12, 2007 13:49:58 GMT -5
Time for my monthly rant, I guess . . . crude back up to $63./barrel which means another hike on the way. Used to be . . . ah, why bother? Time to buy a smaller car and a bus pass. Even should the barrel price drop a dime and the loonie go up a quarter the price of gas will still inch higher.
Free enterprise at work.
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Post by Skilly on Apr 12, 2007 21:13:59 GMT -5
Over 116 cents a Litre here ... and rising.
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Post by Tankdriver on Apr 13, 2007 0:51:39 GMT -5
They talk about taking public transportation but it is no better. I think it is around th 60's for a montly pass. Not exactley cheap. Gas prices wouldn't bother me so much if the companies didn't have 3 figured millions and billions in profits every year.
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Post by franko on Apr 13, 2007 5:47:12 GMT -5
$71.50/month if you run the regular routes, more for outlying areas.
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Post by Skilly on Apr 13, 2007 10:42:54 GMT -5
$71.50/month if you run the regular routes, more for outlying areas. Lucky B.....! (said in a friendly way of course) Costs me over 90 dollars to fill up the mini-van, and I have to do that twice a month.  |
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Post by franko on Apr 13, 2007 11:34:15 GMT -5
Skilly . . . my heart is bleeding for you.
I don't take the bus -- I'm at beck and call in case of emergency, along with regular duties. $75 a week, unless I have a meeting out of town, in which case . . .
PLUS: 3 adult children who have all moved back home so they save on expenses while at university. Finally came up with a system whereby if they use the car they pay for gas. Used to be "but I put gas in" (sure, put 5 bucks in and empty the tank). Now they are on a per km basis . . . all of a sudden they aren't driving so much!
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Deleted Member
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Post by Deleted on Apr 13, 2007 15:51:24 GMT -5
Maybe it's not so bad that I don't have a car.
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Post by Skilly on Apr 13, 2007 17:59:19 GMT -5
Skilly . . . my heart is bleeding for you. I don't take the bus -- I'm at beck and call in case of emergency, along with regular duties. $75 a week, unless I have a meeting out of town, in which case . . . PLUS: 3 adult children who have all moved back home so they save on expenses while at university. Finally came up with a system whereby if they use the car they pay for gas. Used to be "but I put gas in" (sure, put 5 bucks in and empty the tank). Now they are on a per km basis . . . all of a sudden they aren't driving so much! I was saying lucky (bad word) to the 71.50 a month. $75 a week is another story. My wife on maternity leave has the van 4 out of the 5 days a week. She takes the girls (one turns 1 next month, the other is 3) to play groups, swimming, gymnastics, parks, library, and reading every week. The one day I get it, it is to work and home (20 km round trip) ... so guess who is putting all the kms on the van? Can't take a bus, no bus comes within 5kms of my house. And work is only 10km away. Oh well .... Al Gore is going to have to get pissy with me. ;D |
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Post by BadCompany on Apr 16, 2007 8:18:56 GMT -5
Would cost me $113 a month for an integrated train and bus pass (which I need, as there are no buses where I live, and the train doesn't stop anywhere close to where I work).
Costs me about $75 a month in gas, another $40 a month for insurance, car is paid for. Takes me about 30 minutes to drive to work, would take me about 75 minutes to take public transport (according to their little calculator, and assuming the buses are on time, and not counting the time it takes me to get to the train station, which is about a 15 minute walk, 5 minute drive).
So for about the same price, I save a good hour and a half in commuting time, by taking my car.
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Post by Skilly on Apr 16, 2007 13:25:07 GMT -5
$40 a month in insurance!!!!!! Now there's the crime ... it costs me $150/month. |
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Post by franko on Apr 16, 2007 14:02:50 GMT -5
Don't get me goin on insurance now!
I was looking at buying a new car and "donating" the old one to the still-at-home "children". Insurance for the old car in my under-25 son's name (principal driver) is $5 less (yup, 5) than what I'm paying now for five of us to be insured. I keep tellin ghim that our insurance will go down as soon as he buys his own car -- all I did was convince him not to buy (and probably to stay at home for another dozen years).
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Post by duster on Apr 16, 2007 14:14:16 GMT -5
Price has gone up to $1.21 around here. The transit system is laughable. Someone is making money...
Isn't this country a net exporter of oil and gas?
Don't get me started on ICBC.
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Post by franko on Jun 29, 2007 21:00:41 GMT -5
Today: $70 a barrel -- still $1.03 a litre. Maybe we should be happy.
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Post by Cranky on Jun 29, 2007 23:35:44 GMT -5
Would cost me $113 a month for an integrated train and bus pass (which I need, as there are no buses where I live, and the train doesn't stop anywhere close to where I work). Costs me about $75 a month in gas, another $40 a month for insurance, car is paid for. Takes me about 30 minutes to drive to work, would take me about 75 minutes to take public transport (according to their little calculator, and assuming the buses are on time, and not counting the time it takes me to get to the train station, which is about a 15 minute walk, 5 minute drive). So for about the same price, I save a good hour and a half in commuting time, by taking my car. Why don't you complain about the lack of public transportation to your local politician? I'm sure he can create a multi billion dollar public transportation monument. It never ceases to amaze me how left wing wingnuts politicians can argue that we should all fit into a metal can and go where their public transportation monoliths go but our houses and job and interests are in the opposite direction. Actually, I like public transportation. I want everyone else to take it so I can have the roads to myself and get there in a quarter of the time.  |
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Post by Cranky on Jun 29, 2007 23:44:13 GMT -5
Today: $70 a barrel -- still $1.03 a litre. Maybe we should be happy. Not really. Did you forget that the Canadian dollar is WAY UP and that oil is sold in US currency? BTW, talking about the Canadian dollar, when EXACTLY are we going to enjoy the benefit of it? Almost EVERY business has conviniently forgotten to take it into account in their product pricing. I still interested in buying a large screen tv and the prices here are at least 20% higher then the US. Every time I point that out to the store manager, I always get the "Canadian doillar exchange", when I point out the exchange is 7%, then they go into the "extra Canadian taxes", when I point out that there is no import taxes on tv's, I get pointed to the door. Meh, minivans and border towns solve that problem. |
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Post by franko on Jun 30, 2007 8:34:23 GMT -5
It's because "prices are set in advance". Cracks me up.
When the dollar goes down, prices go up "to make up the difference"
When the dollar goes up, there's a six month lag time to get old stock out. Of course, when new stock comes in prices remain. And after six months we've forgotten all about it anyway.
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Post by Skilly on Jun 30, 2007 21:03:35 GMT -5
Today: $70 a barrel -- still $1.03 a litre. Maybe we should be happy. $1.161 a litre here |
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Post by vin on Jul 12, 2007 16:24:06 GMT -5
Anybody know how many litre's are in a barrel of oil?
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Post by Skilly on Jul 12, 2007 16:40:58 GMT -5
Anybody know how many litre's are in a barrel of oil? 1 barrel of oil = 158.987296 litres |
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