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Gas Price Jumps

By 250 News

Wednesday, December 29, 2010 06:20 PM

Prince George, B.C. – The price of a litre of regular gas has jumped to $1.169 overnight.
The price had been in the $1.089 range since last summer, then did a quick hike to $1.129, before slipping back to $1.069 where it had been for a couple of weeks.
This afternoon, the party was over, as the price went up ten cents to its new mark of $1.169.
According to the Canadian Centre for Policy Alternatives Gas Gouge Meter, that is 5.9 cents too much.
“With today's crude oil price of $91.21 USD per barrel and the US dollar at 100¢ CAD, the price of regular unleaded gasoline in Prince George, British Columbia should be $1.11 per litre at normal profit margins.”

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Well I guess we can be thankful they waited until after christmas to bend us over. Enjoy it while you can Oil companies, the electrics are coming.
Is this what is known as a free and competitive marketplace? Amazing that the price could climb this much and end up the same at every pump without any price-fixing...just amazing
And electricity is generated HOW? Gas still 109.9 in FSJohn today
The electic car is the biggest greenwash bs ever, Where do you plug in when you power out halfway etween PG and Hooterville?
Anyone remember the last gas war?? been that long EH!That joker they hired to see if there was collusion,stated there was not!! now thats funny EH! see you can pay anyone to say what they want too hear/or rather not..
price jump when crude goes up,but when crude goes down they sure dont want to bring down the prices,crude was at 55 a barrel 19 months ago and it seem like gas prices hung around the dollar mark,what a joke maybe somebody has to start watching these guys!!
Steve, do you really want a lesson on how electricity is produced. Here's a hint, it's called BC "Hydro". Obviously the electric isn't the answer for everyone. But imagine if you get enough gas powered cars off the roads in the cities. To believe that gasoline production is going to last forever is just stupid. We need alternatives, and any alternative that gets us out from under the thumb of the mid east and the big oil companies is a step in the right direction. Not to mention the cleaner air.
Pgguru, big oil has a myriad of excuses when prices go up. If crude stays low they blame high demand for gasoline. If demand is low they blame it on refinery closures. If crude is low and demand is low they'll just tell us the retailers are taking a profit.
Hey, we were running out of oil back in the early 70's. Guess what, haven't you heard that oil is a renewable resource? (Nothing is neither created or destroyed) It just changes it's form.

We are just pawns in the oil companies game. And if you think boycotting Shell or Petro Canada for a week is going to make them pay attention to you, give your head a shake.
They will get it from you now or get it from you later. They don't care. They will still get it from you.

You pay, or you quit driving. That's your options.
"Where do you plug in when you power out halfway etween PG and Hooterville?"

Where do you fill up your tank halfway between PG and Hooterville? In both cases, you need to know the range of your vehicle and fill/charge up appropriately. And there is such a thing as a portable extra battery that you can carry, just as you can carry a gas can.
The increase we had inflicted on us today was a total moneygrab, plain and simple.

Anyone who tells you that "market forces" are to blame for this rape of our wallets is either too stupid for words, or lying to you.

I trust the people in charge of setting oil prices about as far as I can carry a logging truck.
ask ottawa or victoria ,iam sure those dudes will give an honest answer.oh iam sorry! they are still on holiday,,,
Boycotting the oil companies in Canada does not work... the only people who hurt are the local people who have a franchise with the oil companies... the oil companies dictate the price and these operators have no choice.
Tear up and return their credit cards will hurt them a whole lot more.

Price fixing... it sure seems like it don't it?... but who is dong the fixing, oil companies or the government?
"portable extra battery that you can carry"

What! for an electric car,do you realize how big these batteries are!

Besides, electric cars would really warm up the interior of the vehicle in winter wouldn't they!
Electric Cars in todays Form are not a workable Solution. Range is way to short and in our climate where would the Heat come from to keep you warm or your Windows free of Ice, check out the recharge Times, way to long and replacing the Battery cost a small Fortune. Hybrid may be the way to go if the Cost come down to the same level as other Cars.
Gas price increases do suck, but how many people out there are going to a dealership and considering a 4 cylinder, 6 cylinder, or diesel/hybrid for their next vehicle?

After driving around this city for a number of years I see a tonne of V8's or bigger. They all get crappy fuel economy.

So keep complaining it will change everything won't it?

It's similar to the people that complain about natural gas prices for their home but have the most inefficient furnace going. Upgrade your furnace and watch your bill drop to a realistic number. Same goes for your vehicle.

The only people that really need a big truck are people that are pulling a big trailer or camper etc. If you can afford to have the travel trailer or boat then I guess you can also afford the expensive gas. It's that's simple.
it's time to nationalize oil and gas resources
I hear for every cent the price goes up at the pumps, the oil companies make $1 million dollars a day profit....

and I do drive a 4 cylinder car, and get fairly decent gas mileage too...but 45 cents a gallon adds up pretty quick...oh sorry guess i should talk liters...lets just say this will now cost me at least another $5 to fill up...
Anyone interested in the viability of electric cars in 2011 should google better place electric. How hard could it be to incorporate battery exchange stations with existant gas/diesel/propane filling stations. Wind, solar, hydro and diesel back-up generators could provide the charge.
Chester wrote: "Hey, we were running out of oil back in the early 70's. Guess what, haven't you heard that oil is a renewable resource? (Nothing is neither created or destroyed) It just changes it's form."

I just wish I knew where all that oil that came out of the exhaust as vapour went to and is raining back down as oil droplets ..... ;-)

Chester:"...haven't you heard that oil is a renewable resource?"

No, I haven't heard that one, probably because it is a totally NON-renewable resource!

Where do some people get their information from???
ride motorcycles in the summer
Don't some of you folks realize that there are electric and electric/gas combo vehicles on the market right now? You know what's even more unbelievable? You can even buy them right here in Prince George! Imagine that!!!!

The ONLY thing holding them back from really taking off, IMHO, is the relatively high cost as compared to conventional vehicles. A hybrid isn't all that cost effective when compared to a typical 4 cylinder vehicle. If the government really wanted to see a decrease in gas consumption, they would partially subsidize the R&D that goes into these vehicles so that they could be sold by auto makers at a lower price point, thus increasing the rate of adoption and acceptance.

Heck, instead of dumping money into GM and Chrysler a few years back, that's what I think the government SHOULD have done. They should have went to a Toyota, Ford or Nissan and said "put your e-car plant or R&D centre in Canada (employing Canadian workers) and we'll build your plant and design centre, give you a break on taxes and help you make alternative energy vehicles more attractive.

Instead, we dump money into companies that need to discount their vehicles by 15K to even sell them or into companies that will produce an electric passenger car that will run over 40K. Now that's progress! Oops, I hope the folks from Wood Wheaton and Northland Dodge aren't reading, LOL.
Still 112 at Canadain tire.
People here almost think electricity is free. Think Independent Power producers and the hudge contracts Hydro was forced to sign with them causing our rates to go up bigtime. Run your vehicle with electricity, just wait until they start adding road tax, don't think you will not be taxed do you.

People complaining about big oil but do not give much thought about big green. Hey big green make a lot of money so big oil is jumping in there also.

PrinceGeorge ever hear of Abiotic Petroleum, look it up. If people believe C02 is going to cook us alive then Abiotic Petroleum is also plausible.

Anybody here give much thought on the BS carbon tax, quite a scam, for what?

Canadians used to own one of the biggest oil companies in Canada. Petro Can. Most people have forgotten this.

The Mulrooney Conservatives started to privatize Petro Can in 1991, and the Federal Liberals under our most esteemed Paul Martin (Mr Dithers) sold the remaining 19% of Government shares for $3.2 billion in 2004 and that was the end of Canadian Government ownership of an oil company.

One shouldnt forget that we also owned CN Rail, and Trans Canada Airlines (Air Canada) and these companies were sold off to private interests.

Seems the name of the game is to build these corporations to a competitive level with taxpayers money, and then sell them off to private interests.

Dont expect the Government to get back into the oil business. The oil companies would never stand for it.

Sure it is a scam by big oil,but let's also remember that they have the sanction of the federal government to do this to us.
Provincial too,for the most part.
More of our dollars for big oil...more for the government/s.
Big oil is for the most part,untouchable.
Go after your MP and your MLA.
Not that it will do any good.
They like things the way there are.
There are some amazingly efficient
vehicles already on the market. There are the Smart Car and the Honda Insight Hybrid.

There is the terrific mid-size Toyota
Prius Hybrid. 1.8 L, 4 cylinder
Continuously Variable Transmission
Fuel Consumption:
City: 3.7 L/100 km (76 mpg)
Hwy: 4.0 L/100 km (71 mpg)

Diesel powered VWs (TDI) also shine when it comes to sipping fuel - without the complexity of a hybrid system.

The Prius will be available in 2011 in a plug-in version. There is also the Nissan Leaf, a 100% electric car.

There are others about to come on the scene.

When in need of a new set of wheels one may consider one of the above.






I think the industry will need to be nationalized to serve Canadian domestic markets. The price of energy is the main driver in the competitiveness of our economy and Canada simply can no longer allow the oil companies to use derivative trading to set 'world markets' that determine what we pay at the pump.