Fall…At The Pumps
Monday, October 22, 2012 @ 3:53 AM
Prince George, BC – Motorists may never have thought they’d consider $1.299 ‘cheap’ for a litre of regular gas, but it’s been a welcome relief to see the price fall 9-cents per litre over the past week.
According to BCGasPrices.com, Prince George is just slightly higher than the provincial average of 128.5 cents/litre. The national average sits at 127.7 cents/litre.
It appears the ‘fall’ has yet to hit the rest of the region, there are three couple stations at $1.299 in Vanderhoof, but two others remain at $1.359.
The prince sits at $1.389 in Quesnel, Williams Lake, and in Tumbler Ridge to the north. Residents in Fort Nelson are currently paying the most in the province at $1.499.
Comments
Why was there a price increase in the first place? Free market economy my ass!
Still too high here go south of Willaims Lake 121.9
Out right robbery…
Gas prices have had me grumbling, even at 129.9. It’s extortion, and I try to use my vehicle as little as possible! There’s a lot of carpooling going on in my life these days.
Between the government taxes, and the greed of the gas companies, it’s a big rip-off all the way around. Gas goes up when Oil prices are at a low, and getting lower So who’s the thieves causing hardship on Canadian families? The list is to long to put in this comment, easier to write down who isn’t!!!
It is nice to see a drop. I am hoping when (if) Costco brings in a gas bar, it will help to bring the prices down. In fact, I will be pretty disappointed if it doesn’t. :)
kamloops and Courtenay 119.9 at Costco .
Gofaster: yes it was lower in Cache Creek but the diesel was jacked to $1.339! We got ours at Cherry Creek, a few miles east, $1.279 and at Castlegar at $1.259.
Too bad the higher gas prices don’t seem to be reflected in peoples’ driving habits. I still see people flooring it from light to light, like they’re in a big race or something, or doing 120-30 on the highways.
The Gas Mafia Game is called Extortion an no one goes to Jail!
What makes the price worse is gas mixed with ethanol seems to be the only gas available now in the lower grades. The result is a decrease in power and mileage. Food for fuel, dum idea.
What might seem to indicate “flooring” to some drivers may actually not be flooring at all but simply signs of improved mechanics of newer car models. Those models also will typically provide real time visual feedback of gas efficiency.
If really pushed the companys will tell you the truth they will charge whatever the market will bare. The bigger rip is when a station recieve 50,000 gallons and the market price at the time was 123.9 next day its 139.9, should stay at the 123.9 until its sold but no and government is happy as they get thye added tax.
Seeing as how the members of the NDP herald Hugo Chavez as a populist socialist who is to be applauded, can we anticipate the equivalent of 6p per gallon gasoline, here as well?
Here’s a story idea for the O250 staff (or anyone else if they want to have some fun)…
Go around this town with a ten litre gas can and fill ten litres at the as the pump reads and compare what you actually get in the container. Film the whole thing for proof. See which stations give your money’s worth vs. those that don’t.
I last filled up at a station I don’t normally fill at and I believe I got ripped off.
There’s more than one way to get ripped off at the pump.
Happen to be in White Rock right now —– 125.9
I guess we are more in Pg because WE have the transit tax —am I right on this — please tell me, oil companies.
There can be a difference in volume depending on the temperature of the gasoline, which expands or contracts noticeably in a bulk storage tank.
And that could vary depending on the type of tank it’s stored in underground. What the tank is made of;, whether it’s ‘double hulled’; whether a canopy is over where it’s buried, or its ground cover is open to the sky, etc.
If you suspect the pumps are set to cheat you, report it to the government Weights and Measures people. They’re supposed to monitor the accuracy of all commercial measuring devices. And do. A
To steph99, who complains about service stations raising the price on gasoline they’ve already bought at a lower price before the price of wholesale gasoline rises, look at it this way.
You buy any commodity wholesale in bulk to sell to the public retail in smaller quantities to try to recover your costs and make a profit. The net profit to the merchant is the equivalent of what you have available left in wages after you’ve paid all the expenses inherent in your ‘cost of living’ if you’re working for wages.
It’s your discretionary income ~ what you can spend on anything you want.
But when the price of the NEXT tanker load of gasoline has risen, the service station operator no longer has any ‘discretionary income’. If he wants to continue in business, he has to lay out what he normally could have removed from his business as a net profit, (as a dividend, perhaps, or as an addition to his fixed capital assets [in the hope that this investment might yield some return in the future], to pay for that NEXT, more expensive, tank load of gasoline.
In effect, he’s worked for nothing. He has no option but to raise his prices if he wants an income for himself.
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