149.5 gas in vancouver

[cressydrift]

The GVRD gas companies are working as a cartel. As far as I am concerned. With the amount of cars on the road (GVRD), the Chevron refinery in Burnaby is producing a surplus of gasoline on its own (55,000bbl per day, 1 bbl = 158.99L) assuming that all of our supply comes from one source. Not to mention the Husky refinery in P.G producing 22,000 to 25,000 bbl per day. Plus the Suncor refineries in Alberta that produce godly amounts there is no way that the price of our gas is driven by shortage. Demand will have remained constant, this weekend is no different than another weekend (Canada).

So local gas suppliers know that the price is going to come down and I think that they have acted as a cartel to keep prices high to keep economic profits high. While i'm on my rant roll, I speculate they are also "testing the market". Seeing what kind of reaction happens when they bring gas to these levels. 1.50 seems to be the point when most people get pissed, and 1.40 seems like relief. Within the coming weeks I believe the price should fall. Somewhere down the road 1.60 will become the point, then 1.70 and etc.

Also in my research their have been 31 refineries closed across Canada in the last 40 years. Hmmm?

References:
Chevron Canada
Wikipedia
Census Canada
Vancouver Sun
Globe and mail

[Gridlock]

Originally Posted by hotjoint

We're getting raped. These gas companies keep giving different bs reasons why gas prices are so high...

1. Depends on price of oil. Back when oil was $150 a barrel, gas went up to $1.50 a liter. Oil is now $90 a barrel.....

2. Depends on supply and demand. Less people are driving by themselves and more people are carpooling now so there should be plenty of supply and less demand.

3. Depends on the price the gas was purchased at. When oil prices go up, gas prices go up immediately or the same day. When oil prices go down, it takes at least a week and sometimes they don't even lower the damn price.

4. Depends on speculation. Anyone can make a speculation. I find it funny how one person makes a speculation and gas prices skyrocket because of this speculation.

It's total bull that these gas companies are gouging us. Someone who has the power needs to do something. This price gouging/fixing needs to stop

Dude...it ain't the oil companies this time.



Here's a list of why we pay rigt now 25 cents a litre more than the Canadian average:

1. Carbon Tax-some asinine attempt to make the liberals into the Green party.

2. GVRD road tax-awesome, because we get bridges and roads without tolls for it

3. HST-yeah. Again.

What I don't get is how we take it and take it and take it and bend over for Christy Clark to peg us some more. No one gives a fuck while this province, once again is being driven into the shitter. And people think the answer is putting the dumb fucks that did it the last time BACK in to do it in their own special way.

[1exotic]

damn $20 gets you just 12L for premium ..

[Meowjin]

my scooter does 70 and i spend 5 dollars every 150km.

[SumAznGuy]

Originally Posted by cressydrift

While i'm on my rant roll, I speculate they are also "testing the market". Seeing what kind of reaction happens when they bring gas to these levels. 1.50 seems to be the point when most people get pissed, and 1.40 seems like relief. Within the coming weeks I believe the price should fall. Somewhere down the road 1.60 will become the point, then 1.70 and etc.

Back in the late 90's gas prices would flucuate on a schedule that you could set your watch to. Friday the prices go up, and by Tuesday the price was at the lowest again (IIRC)
Now, the prices are high after 11 pm, and only start to come down around dinner time.

This morning, gas is at $1.45.5 and I bet there will be stations at $1.41.1 by dinner time.

There's no way these people are not gouging us. No matter how they try to spin it, I just don't believe it.

[BrRsn]

I remember when $30 would get me half a tank, put $30 and the needle barely moved past the 1/4 mark feels bad man

[TjAlmeida]

Filled up this morning in Coquitlam at Chev. 141.9 for reg and 94 was 157.9.
$65 got my 41L.

Im not knowledgable on gas or stations but i dont get how certain stations in coquitlam and poco charge 141.9 and I drive to kingsway and its 149.0 or 150.

[belaud]

Originally Posted by dhillon09

I remember when $30 would get me half a tank, put $30 and the needle barely moved past the 1/4 mark feels bad man

Tell me about it, $50 got me about a little less then half a tank.

[BaoTurbo]

Well it boils down to business as usual. Supply and demand. This summer, everyone is busting out their beaters, collectables, bikes, cars, etc. I think it would be profitable to actually boost the gas as much as I can before anything else happens because of the sudden demand for gas. Especially summers here start to get hotter and the standard of living is increasing each year, plus immigrants that think gas money is chump money.

Thats my speculation though, I could be wrong

[BMW M5]

Have private company run public transit and shut Translink down and call it a day.

[mr_chin]

Correct me if I am wrong, but doesn't carbon tax come into effect July 1st? And aren't they taxing drivers through gas to fund translink?

[i-VTEC]

Originally Posted by mr_chin

Correct me if I am wrong, but doesn't carbon tax come into effect July 1st? And aren't they taxing drivers through gas to fund translink?

ya the money go toward "improving" transit + new transit project + road construction etc..

yes Skytrain like Canada Line was successful, however, they have raised the fare price, possible another one in the future, thus making pointless to take transit and drive instead.

[Mr.HappySilp]

Once gas reaches $2.0/L ppl will be too poor to drive and everyone still start taking transit... that's the gov's plan to make the city MORE GREEN o_O

[LIKEABOSS]

I think most people are not seeing the elephant in the room. Gas prices may seem high when priced in CAD or USD but gas prices hasn't changed much when measured in hard assets such as gold and silver. I believe the rise in gas prices has a lot more to do with (abnormally) high inflation than any other factor (gas prices are increasing throughout the world, not just in BC). I suspect that inflation will pick up pace in the near to mid term (1-5 years) and you know what that means for gas prices.

[AW607]

Went to the states last week, the pricing at one station was ridiculously dirt cheap compared to the neighboring stations along the way, about a 40 cent difference. That and similar other places (like Domo) I think would give them more business compared to the ones that stick to the standard prices (if people overlook the fact that the quality of the fuel may be worse).

I swear I saw how the prices have been fluctuating by around 3 cents the past couple days, from 149 to ~146, then back and forth again. Are gas prices usually determined by the companies themselves, or is there a specific trend that they follow?

[JDMTrueLove]

Originally Posted by Meowjin

my scooter does 70 and i spend 5 dollars every 150km.

My dad has a scooter, the thing is absolutely unreal when it comes to gas.

I'm sick of spending $1.60/L for 91 just to burn it all in vtec.

[XplicitLuder]

in case anyone cares or is around..141 at shell on lougheed hwy and north road by lougheed mall. cheapest i seen

[dlo]

spent 80$ to fill the car... feels bad man

[Meowjin]

fuck had to pay 6 dollars to fill my scooter today.

[anti-vip]

^^^i totally understand what youre going through man..i filled $6 buck on my ruck aswell...

[UFO]

Originally Posted by Gridlock

Dude...it ain't the oil companies this time.

Here's a list of why we pay rigt now 25 cents a litre more than the Canadian average:

3. HST-yeah. Again.

HST is not a reason why we are getting the recent shaft.

GOODS and SERVICES that are exempt from the B.C. Harmonized Sales Tax of 12%
These include fuel including gas, diesel and biofuel

How does the BC HST affect Motor Fuel Tax?
As the BC Government has indicated that point of sale rebates on motor fuels and other gas/biofuels will be implemented right away, the provincial portion of the B.C. HST would not apply to motor fuels in the province. This includes all forms of biofuels, aviation fuel, marine diesel, diesel as well as car gasoline.

How does the B.C. Harmonized Sales Tax affect the Carbon Tax?
Like above, the BC Government has indicated that the carbon tax on fuels, diesel and biofuels will not be subject to the new BC HST of 12%. Therefore, the Harmonized Sales Tax will not affect the current Carbon Tax.

The gov has some hands in this, but the fact that gas prices went from 1.45-1.55(for 1 day only it seems)-1.44 within the span of under a week... how can you say the gas/oil companies aren't behind this?

Yeah gas is expensive. My tank cost $60. And I drive a freakin' Yaris.

[badboy]

If willing to go the distance, Aldergrove is consistently around $1.35 btw.

[saucywoman]

Gas is 122 in kamloops and 131 on whatcom

[MindBomber]

^At one point Whatcom stations were consistently cheap, but lately they're 2-3 cents higher than anywhere else in Abby. I filled up for 128.9 today on Mt. Lehman.

[Gh0stRider]

gonna get a few 25L jerry cans before i go down to get gas