Gas Prices Take a Dip
Tuesday, October 14, 2014 @ 9:15 AM
Prince George, B.C. – Good news for motorists.
Gas prices have taken a dip to an average price of $127.2 per litre in Prince George (gasbuddy.com) this week.
That’s about a 4 cent drop from last week’s average of $131.1 but a 10 cent increase from this time last year when the average price was $117.1 per litre.
The lowest price in town is Costco at $121.9 while prices elsewhere range from $125.9 up to $129.9.
Comments
Gas prices only go down prior to an increase in price. Mainly because we won’t remember what the price was prior to the sale. Winter’s coming. Time to jack up the price.
Price of crude recently took a fairly big drop
I sure isn’t showing at the pumps….
but I’ll take our prices over those in Vancouver.
They need to dip lower in my opinion. $104.9 in Edmonton and $3.00 a gallon in the US. Still being gouged.
The usual math by oil companies.. The thought of war etc in a country that produces oil the prices immediately shoot through the roof. We were paying about $1.32 a litre when it was $140 a barrel. Now that oil is down to $85 a barrel they dro the price of gas by a few cents.. Last time a barrel was $85 we were paying under $1.00 a litre.
OPEC is doing this to make it to expensive to refine the oil from the tar sands. Should be hearing about lots of layoffs from the Fort soon me thinks.
bcracer- Prices are lower than here in the lower mainland. Abbotsford Costco at 110.9 .
Always slow to drop, Alberta crying the blues, look for another storm or war to jack things up again.
This town has always put the screws to us until Costco came along on gas pricing. They are now doing it to us on diesel fuel. Take a look at Chetwynd’s fuel prices.
Could be lower by dumping the idiotic carbon tax. The new Australian government saw through the scam and how it was hurting the economy and dumped it.
Crude oil dropped 4% today to 82.30 U$. That will translate to further drop in gas pomp prices ‘in the US’ and further decline in the value of Canadian Dollar vs U$. Canadian Dollar is a petro Dollar and it follows the fluctuations of crude oil prices.
If crude oil drops further to 75 U$ or even 70 U$ due to extra supply, the Canadian Dollar will drop further to 0.80-0.85 U$ and we may still see some decline in gas prices in Canada depending on how much CDN $ can hold its value against U$.
Filled up at Warburg, Alberta, today. Home of Lindy Ruff. 111.1
“Always slow to drop, Alberta crying the blues, look for another storm or war to jack things up again.”
You must be aware of currant events in the mid-east Millman. It’s Chaos. The development of ISIS is a new one for the West, yet oil prices drop. There’s a bigger story behind this drop in crude. I have some theories but watch close. Things are starting to crack.
I will stick with opec trying to hurt the oil sands.. Usually if the is an unstable country that produces oil the prices raise up. With all the bad publicity about the tar sands dirty oil over in Europe it makes sense that opec is taking advantage of this to do this.
The oil sands will be a huge card in the comining storm. Me thinks Europe won’t care where the oil comes from this winter.
True dow7501. Won’t matter where it comes from once they need it to keep warm and keep,driving.
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