REVscene Automotive Forum - gas prices will hit $1.50 come summer

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- - gas prices will hit $1.50 come summer (https://www.revscene.net/forums/639264-gas-prices-will-hit-%241-50-come-summer.html)

gas prices will hit $1.50 come summer

Quote:

Average gas prices in Metro Vancouver climbed above $1.30 per litre Friday amid growing concerns about the potential disruption of crude oil supplies as a result of the Middle East crisis.

The pump price is now about 10 cents higher than it was a month ago and at the highest level since mid-2008.

Crude oil prices have shot up to well over $100 a barrel in anticipation the threat of revolution or civil war may spread to more countries as protesters try to topple Arab dictators.

Energy consultant Michael Ervin said retail gas prices could well climb higher this spring, typically the peak driving season when higher demand tends to lift prices.

That would certainly happen if oil prices also rise further, but could happen even if they stabilize close to current levels.

The highest price Metro Vancouverites have ever paid for gas was $1.50 per litre in July of 2008. Crude oil peaked at US $147 per barrel that same month.

Up to a million barrels of daily oil production is shut down in Libya.

Libyan oil typically goes to Europe, but buyers there will look elsewhere, driving up demand and prices on other sources.

Oil traders are also pricing in the possibility the pro-democracy revolutions may spread and cripple production at other oil-producing countries.

nothing we can do, carbon tax will kick in july and up the price 2 cents

just for shits and giggles
http://www.revscene.net/forums/gas-p...w-t203085.html

Quote:

Originally Posted by alex.w *// (Post 7329575)

just for shits and giggles
http://www.revscene.net/forums/gas-p...w-t203085.html

good times when we thought a dollar per litre was high enough already.

sigh.. 94 octane was already 1.45 today -______________-

94 is already at 1.50

Quote:

Originally Posted by StevenDuang (Post 7329650)

94 is already at 1.50

werd.

who uses 87 anyways?

drove by gas station tonight... 130.9.

WTF!!!!!!!!!!! :fuuuuu::fuuuuu::fuuuuu::fuuuuu::fuuuuu::fuuuuu::f uuuuu::fuuuuu::fuuuuu:

2.10 per litre in Auckland, New Zealand right now. i just paid 95 dollar for 40 litres of gas for my in laws fto..so stop the complaining..we have it easy in Vancouver right now

94 @ 1.40 last night in maple ridge.

Quote:

Originally Posted by 1exotic (Post 7329661)

werd.

who uses 87 anyways?

my 1990 integra does!!!

shit...gas is going to rape my bank account...FML..need to work more/save up more/not spend as much now. sigh...

FUCKING GAY ASS VANCOUVER TAXES! im gonna move in with my brother in alberta or i can say goodbye to ever buying a car with a v8.........

3 years from now someone will link this thread and laugh on how we complain about 1.30 a litre while they pay 3.00 a litre:whine::fuuuuu:

Quote:

Originally Posted by Gtrr33 (Post 7329738)

3 years from now someone will link this thread and laugh on how we complain about 1.30 a litre while they pay 3.00 a litre:whine::fuuuuu:

theres no reason why gas prices need to be so high though. in the middle east. it costs less per liter for gas then it does for water

Gas'd up at 1.28 on 87 octane in the SUV...paid $52 and only got like 90% full.

Wait til next week when I fire up my other car...O boy...cant wait to see what price for 94 octane.

Gotta pay to play boostedv6.

Good lord. I really feel for you guys.

I've got a fuel injected 50cc scooter.
Not only do i fill it up with 87. It costs me about $6 a week to commute with it.

Doesn't get my the chicks. But it's cheaper than bussing.

Quote:

Originally Posted by 1exotic (Post 7329661)

werd.

who uses 87 anyways?

My family owns a gas station and I use 87 in my truck when i have the choose to use what ever I want. my Civic hatch with a B16 swap uses 91. People only need to use what the manufacture recommends. No car manufactured in North America requires 94 oct unless it has been tuned to do so. Even Ferrari only recommends 91 for it Enzo.

lol it was a joke.

couple cars in my family use 87.

94 is good for stock jdm cars though, In Japan I'm pretty sure they use like octane 98 and 100.

Quote:

Originally Posted by jakers11x (Post 7329729)

FUCKING GAY ASS VANCOUVER TAXES! im gonna move in with my brother in alberta or i can say goodbye to ever buying a car with a v8.........

:woot2:
we probably wont miss u anyways

luckily I only need to pay $1 CAD per liter in HK :fullofwin:

Going to walk when I can now. Everything is expensive :fuuuuu:

-_- Funny how the year I did drive it was 1.50

Quote:

Originally Posted by .Renn.Sport (Post 7329834)

luckily I only need to pay $1 CAD per liter in HK :fullofwin:

When you are balling out of control and own millions of gas stations thats what you pay right?

Non Retail.