You're up 2500%?!

Do you fill up a gas can as well or does your car have a huge tank? I can fill up a full tank at $60~.
I might only save maybe $20-25~ so it's not worth it for me. But then again, I also live farther than 20 mins from the border, lol.

Don’t be sorry about what I spend. Be sorry for coming at me with a weak argument.

First off, the average B.C. income is what you should be looking at. Currently sitting at $76,770, which means that if your number of 3.245% is actually closer to $2340.

$2340 over 12 months is equal to $195/month in gas.

Filling a Honda 4 times a month at $50/tank is more than $195 a month. Judging by the number of trucks and large sedans on the road, I guarantee that most spend more than that. I average $110/tank and I fill up 5-6 times a month. $660 x 12 = $7920 a year on one car. I have 5. If you think anyone here who lives in say, Coquitlam and works in Vancouver could get away with spending $1510 a year in fuel, you’re delusional.

Is 76k the average individual income in BC or family income?

I based this in family income, as it was the most realistic number that I could find. Which makes my numbers even more dramatic, as I took family income and divided by one vehicle. Add in another vehicle, and our costs are even higher.

Could you imagine if we could get away with >$200 a month in gas?
With everyone pushing out further east, and the ever increasing cost of fuel, it’s even less likely that dividends could even come close to covering those costs.

Btw, I hold a number of fuel companies, along with the Canadian banks. The Banks pay nice dividends, but as badhobz said, those are taxed quite high.

You just can’t win living in BC.

Fine, whatever, $2340 per year. According to your calculation, it will take an investment of $65417. Again, totally doable.. whats your point?

jerry cans
although they're subject to duty if the agent feels like sticking by the books

Do you have $65k invested in one fuel stock?!
If so, you should fire your broker because unless you have 7 figures invested diversely, you’re far too Exxon stock heavy. What do you pay in capital gains every year on those shares? Have you maxed or your tfsa and rrsp?

If not, you’re leaving money on the table.

If so, you are a wealthy guy.

Either way, $65k in Exxon Mobil is baller status. Why even worry about the cost of gas if you’re ballin’?

:fullofwin:

Who says it has to be on 1 stock? Exxon only pays 3.5% dividend which isn't a lot. There are others that pay upwards of 10%. For the sake of argument, I'll use 3.5% as the average dividend in my portfolio. 100% doable.

Pretty sure neither of your investments have anything to do with the price of local gas.

:fullofwin:

I fill up my 70L tank and bring 4 20L jerry cans as well. Gotta make the trip worth it even though I'm somewhat close to the border :)

Yep. I've never had an issue with my jerry cans. Let's hope it stays that way :fullofwin:

^^^reminds me of that trailer park boys episode when they started there own "gas station" lol

FS - 100gal transfer tank

I live in Mission and work in Poco, I should sell gas at a discount out of my truck lol

:considered:

Can you fit 400L in a T4R? :troll:

uhm, jerry cans would definitely make the trip more worth while with my truck

Funny enough and real enough as that is, it's illegal isn't it? But think about that for a second.

Get a tidy tank in the back of your pickup,
go fill it up in US then come back and charge per liter much less than local gas stations.
Profit.

Bootlegging Gas? lol

I just googled gas prices in Bellingham and it's 82cents per liter Canadian. 400L tidy tank = $328. Come back and sell for 1.25/L = $500 $172 profit. Not a bad days work lol

Berz out.

best part is I sell tidy tanks and all the pumps/meters. I could easily set it up, get everything at cost. I have Nexus as well so getting fuel would be beyond simple for me, best part is I could get everything I need at cost as well LOL

To answer your question for it to be legal I would have to have everything Weights and Measures certified for resale.

Not sure if this link will work for you guys, but here's a link to GasBuddy Dan's Twitter where I get my updates on Vancouver gas prices: Or search "#Vancouver from:GasBuddyDan" and click on Latest

He sometimes talks about current events of the oil and gas industry, but mainly points to Vancouver being a price taker. Price taker or not, it still feels like collusion / gas cartel.

does the government post stats on how much income they are making in the taxation of gas??

And gas got another 2 cents more expensive this morning compared to yesterday... FailFish

Fxxk I only have ~100km left on the car before I need gas again, and the low fuel light should come on in the next 40km or so...

Gas right now in Mission is $1.24.9 which is crazy for out there. At least I don't have to pay the crazy $1.40+ prices all of you guys are paying.

Someone just posted that gas in Van was 161.1 is this true????

Berz out.

The highest I could find for PREMIUM is 163.9https://uploads.tapatalk-cdn.com/201...d5a5546ca0.jpg

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