The price of crude has been ridiculously low for several months now. The price should be in the mid 80 cents a litre, so these minor price dips are just the oil companies maintaining their propaganda that they are doing the best for us and giving us the product at good value. Such a lie.
Posted by: BCRacer on July 17 2009 7:32 PM
Notice how the price ends in 9...surprised it too this long...
so the drop... and incredible .012 cents...
I'll just bank that and make a fortune...
gas all across Canada, on the news tonight is in the mid 90 cents a liter...so I too beleive we are getting it dry!
Posted by: RUEZ on July 18 2009 2:19 AM
"Notice how the price ends in 9...surprised it too this long...
so the drop... and incredible .012 cents...
I'll just bank that and make a fortune...
gas all across Canada, on the news tonight is in the mid 90 cents a liter...so I too beleive we are getting it dry!"
? What ?
Posted by: Eagleone on July 18 2009 3:25 AM
Maybe we need to put a tax on the oil refinery here in town, so that we can get our fuel gouging savings back from our property taxes?
Can we tax corporation owned fueling stations extra property tax under their own special zoning? That would be great, and then the independents could move into town, and we could have gas wars, and maybe pay a reasonable rate for our fuel ups....
Posted by: dan on July 18 2009 8:56 AM
gas wars?
Now that's something that certainly doesn't mean what it used to. Now when I hear about a gas war, I think about the war in Iraq or something...
Posted by: MrPG on July 18 2009 8:58 AM
Why are some people stuck on the idea that gas prices should somehow be related directly to the price of crude?
It's about what the market will bear. Forget about what the price of a barrel of oil is, it doesn't matter.
Posted by: NMG on July 18 2009 9:01 AM
"Maybe we need to put a tax on the oil refinery here in town, so that we can get our fuel gouging savings back from our property taxes"
I don't think you could initiate a tax based solely as a reaction to the price of gas, BUT, maybe it would be worthwhile for the City to look into the possibility of a special tax that would be apllied to the industrial polluters that contribute to our poor airshed. Call it an enviro tax, a bad air tax, whatever. If we have to put up with their toxic emissions, let's at least get some benefit from it in the way of more dough flowing into the municipality.
If they clean up their operations and reduce their emissions, they reduce their tax load. I think that's fair.
Posted by: lunarguy on July 18 2009 10:25 AM
When the gas companies forever raise the price by 5 cents a litre each time the price of crude goes up , they should of course continue to be gauged in how the price should be by crude. They are the ones that always use that excuse, well then make it both ways.
Posted by: BCRacer on July 18 2009 12:52 PM
Actually MRPG...BC is paying the highest of all the provinces for fuel...would be nice to be on a parity with the rest of the world
Posted by: lunarguy on July 18 2009 2:19 PM
News flash. Canadian Tire has gas for 103.9 and of course get your CT Money for each litre purchased.
Posted by: Pojeb_sa on July 18 2009 3:16 PM
Funny, our gas costs were tied to the price of crude last year, that's what the spin doctors on CBC and CTV told us, and now it's what the market will bear.
Maybe gas would cost less at the pump if we didn't have the highest taxes in the country on it. What annoys me is seeing gas costs the same, or a few sents less per liter in the lower mainland, when they don't have any refineries down there and they're paying a transit tax on top of the gouging everywhere else in the province.
It's kind of sick tht we're paying so much tax on gas, and people are still expected to pay tolls in places.
Posted by: supertech on July 18 2009 7:23 PM
We're too complacent. We should be rioting in the street but we never will. Canadians are too nice. We suck.
Posted by: mwk on July 19 2009 8:05 AM
I used to get upset about gas prices too and then I started to really think about how much gas costs me.
I drive about 25,000 KM's a year and I can usually get about 500 KM's on a tank(City Driving). So the average tank at today's prices costs me about $85.00 or about $4,250 per year.
A one cent increase in the price over the year will cost about $42/year. Even if prices go up a nickel that's about $210/year. If that's breaking somebody's budget they should look at ways to drive less or make their next vehicle purchase one that consumes less gas.
I think people don't realize that we were spoiled on cheap fuel back when the price was 50 cents. Obviously the current price isn't too crazy because I don't see too many people parking their 1 tonne dually's or jacked-up pickups. If we were all driving hybrids and diesel jettas I might start thinking there was a real problem.
I think they should raise the prices through taxes and give some sort of exemption to truckers/taxis who need gas for their jobs. Then we might actually see the majority of a car dealership's inventory be something other than big V8's.
Posted by: Pojeb_sa on July 19 2009 10:01 AM
We were not "spoiled" at the cheap cost of gas by having it affordable. It's completely absurd to think this. It's our own resource! Maybe we're "spoiled" for our tax dollars building an infrastructure to have clean water, electricity and general literacy. We should obviously pay more on top of that because we're spoiled! Look at what other people pay!
The gas more or less comes from Canadian oil, this is owned by the public. If the Saudi's can control their own resource and give their citizens a better price, so should Canada.
We have not faced a 1 cent or 5 cent increase in gas over the past two years, it's gone up from $.79 a liter to a high of $1.50 last year, to $1.05 now.
If everyone were trying a Toyota Camry and used less fuel, the cost per liter would probably be up to $2.00 or more per liter, to make up the "revenue requirement" shortfall. A Camry only averages about 50% greater fuel economy over an F150 by the way (which weighs over twice as much!)
PNG went before the BCUC and used their "revenue requirement" to jack rates up in the northwest the same year their biggest customer (Methanex) left town in Kitimat, stating they had a "revenue requirement."
Conserving resources never means we pay less, it means we pay more for less, because corporations are greedy.
If you think prices should be higher, by all means pay more at the pump, or wherever you think it should be higher, but don't advocate for everyone paying more because you have some sick fantasy that other humans walking the earth are getting by too easy. Maybe you can shoulder paying 25% more each year than the last, but not everyone can.
The people who work at gas stations can't afford their own product. People like you rely on people like them to feed you, sell you clothes, and pump your gas. All of these jobs you probably think you're too good for, but not too good to shop from. When the people whose shoulders you're standing on are poor, weak and sick, you will become poor weak and sick. Show a little respect for the others in the pyramid.
Posted by: taxinapothole on July 20 2009 12:11 AM
mwk, sometimes it is better to keep your mouth shut, and let people think you are a fool, than to open it an remove all doubt. What a rediculous statement you made.
You must be from the haves, not the have nots!!!
The oil companies are thieves, and as long as people like you have the attitude you do, we will get it dry! BCRacer, I understand what you say when you mention getting it dry!!
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