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Another Punch At the Pumps

By 250 News

Saturday, March 12, 2011 04:08 AM

Prince George, B.C. - Prince George motorists are in for some 'sticker shock' at the pumps this weekend...

Gas prices have jumped another four cents per litre at a number of stations across the city to 127.9 for regular.  This hike comes just two weeks after the price rose a full eight cents in a day, from 115.9 to 123.9.

According to local posters on BCGasPrices.com, there are still some service stations that have yet to ratchet the rate, but that may no longer be the case by the time you head out for your Saturday shopping.  Prices on the Lower Mainland vary from 119.9 up to 128.3.

The Canadian Centre for Policy Alternatives' Gas Gouge metre says the new price in Prince George is 12-cents above what we should be paying:  "With today's crude oil price of $101.16 USD per barrel and the US dollar at 97¢ CAD, the price of regular unleaded gasoline in Prince George, British Columbia should be $1.15 per litre at normal profit margins."

"At a price of $1.27 per litre, you are paying 12¢ per litre in pure excess profit. Across Canada, an extra margin of 12¢ per litre generates an additional profit of 11.52 million dollars per day."


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Comments

Any bets they use the earthquake in Japan to up the prices and the wonderful carbon tax is not that far away, and then they will use the excuse of summer traffic demands to raise the prices, and of course they hasve to shut down refinries for maintenace this summer and up the prices go again... this seems to be a yearly occurance...and there is no sence complaining to the goverments, they get more money with all of these increases, so they don't care, and the oil companies respond with remarks like pay the price or park them, afterall we can't cut into their huge profits.
But why are BC rates so much higher than any other provice????
And the barrel has dropped to $100.59 from Thursday high of $106. I was telling my wife yesterday morning "Watch gas go up because of Japan's earthquake" Sure didn't take long. Any excuse to rob us at the pumps.
"But why are BC rates so much higher than any other provice????'

Provincial taxes is the answer BCRacer
yesterday in Calgary, $1.089 to about $1.129. May change today though, but still way less than PG. And, very few potholes!

Enjoy the weekend everyone.

Taxi
Price of gas in Castlegar BC this past week was $1.19. Of course we all know Castlegar is in the midst of oil country and has several local refineries. Grand Forks was at $1.27.

The last time gas got to $1.50 a liter and oil at $150.00 a barrel the world economy tanked and oil dropped into the 30 to 40 dollar a barrel range.
If oil goes to $150.00 a barrel and using the same ratio where gas is$1.29 with oil at $100.00 a barrel look for gas to be $1.94.
Amazing that Canada is the largest exporter of crude to the US and the price of gas in the US is still considerably cheaper than the price of gas in Canada. You might think the value of the Canadian dollar might have an effect on the price of gas.
Same price as in Vancouver yesterday --- I guess we also have their transit tax now.

What we really need is Danny Williams to move here and run for Premier
Disgusting that oil companies would take advantage of the worlds ills to make more profit.
The price of a barrel of oil actually dropped yesterday because Japan is the third largest importer of oil - thus the demand will drop for a while. As has always been the way, if the price of a barrel goes up, the increase hits the pumps immediately, but when it goes down it takes a long time for the pump prices to adjust. You certainly don't expect to see the pump price go up when the barrel price goes down, but I guess the oil companies want to see their profits stay up by gouging the rest of us to make up for the lost sales to Japan. Bet the prices won't come back down when sales to Japan return to their normal level.
I love it when the price of gas goes up.......

Oh we are getting gauged, it's not fair, they make too much money, we make the gas. Did I miss any of the usual comments?

How many people that have been running big V8's,duallys, or diesels and have decided to downsize to something that get's better fuel economy? I keep looking around town and I don't see that many 4 bangers and 6 cylinders.

There's a reason why I don't. It's all about choices. Most people are not prepared to actually do something about their situation, they would rather complain that the price is too high than give up their Excursion, Hummer or 1 tonne.

Our main vehicle has a V6 and we are not uncomfortable at all. I think a lot of people are brainwashed that bigger and more expensive is always better... So go ahead buy a $60K 1 tonne and then proceed to complain about gas prices you won't be alone....haha.
How about I drive a fast car & don't whine about gas prices? Small & cheap sucks.
The world's population is going to pass the 7 billion mark this year. There are hundreds of millions of people in China and India alone who have never had a car and want to purchase one so they too can have the freedom and comforts that a personal vehicle provides.

Then there are hundreds of millions more in the rest of the world who want the same thing.

As the demand increases so will the price.

No government will lower the price to encourage even more consumption and the voluntary buying of new vehicles which are bad gas guzzlers designed for business use and a poor choice for private pleasure use.



I have to agree with mwk I love it when the price of gas goes up.......

Me too. I love it seeing these v9s and SUV things being forced to pay these prices. They deserve it. They are going to bankrupt everyone. Then maybe no one will be able to pay the bi-weekly payments for these over priced styrofoam computer plastic things they call vehicles. Last time they cranked it up to 147 litre in 2008 the economy tanked, Then they spun it to blame the USA housing and many other spin stories which are mostly not believable. This is just going to tank again hopefully sooner then later. I have a 4 cylinder and I don't really care. And it is an old one with no computers. Last time I needed a computer I went to Future Shop. I did not go to a car lot to get one. You people driving these things desrerve what ever you get. I hope they keep cranking it up. The pure greed is going to shut down this economy just like it did 3 years ago. So bring it on. Ha Ha I cant wait to see the economy that way agsin.
mwk & mattie;
sucks to be you.
Don't preach your sermons about greed and guilt and selfishness. If you people had more than just a narrow viewport from which you peer at the world in front of your nose, you would be able to understand that many of those larger vehicles are actually needed. We don't all live in an apartment downtown. The bus or a Prius won't haul my tools or firewood. Some of us live out of the city (imagine that!) and have to get into town from time to time. A lot of days this winter that aintagonna happen if you are driving a pisspot. You would be sitting on the road, your car high centered on a rut, probably no signal for your blackberry, waiting and hoping desperately for some greedy selfish person with a towrope and an suv or pick up to come by and take pity on you. Make sure you say thanks.
metalman.
I see the price of automotive propane has increased. Propane come from Libya? Alternative fuels no longer cool? Greed and fear make the world go around.
If people want to drive larger vehicles and pay more per mile for gasoline that is their business. They pay the additional cost. Those who drive 6 bangers pay less, and those who ride bikes and walk pay nothing. What you drive has no bearing on the price of gas. The price is set by the money hungry oil companies, and there is of course the additionl cost to the money hungry Government taxes.

If we wanted to save money on housing we could live in caves, and those people who lived in houses would just have to pay more for housing.

We as usual are being ripped off at the pumps, by Government and Oil Companies, and as usual we will do nothing about it.

If we all bought less gas for a month or so the
prce would come down. Why are you using your gas tank to give free storage to the oil companies.?????. If we all went to a half a tank across the country, the oil would back up all the way to the well head. Laziness will not allow us to do that, because we would have to gas up twice as many times. Heaven forbid:::::
Ironically the price of oil went down because of the earthquake. Japan imports a ton of oil which they don't need right now as peoples cars got washed away. They are more concerned about getting away from potential radiation than filling up their cars if they can find them.
The market run by spectulators that set the oil prices not the oil companies so mauch. Hows the carbon tax workin for ya, it goes up in July. Must be working as cooler and more snow this year. Oh that carbon thing is just a money making scam.

Oh while everyone is complaining about gas prices look at how you are getting hosed by the government on your electrical rates to pay off government cronies.

Buy your gas out of town when leaving or returning, ususally cheaper. Check gasbuddy.com for prices out of town.

I drive behind one of the biggest engines made and love it. I just chock it up to entertainment, hardly drink, don't smoke, my vice is power.
Must be nice to live on a pedestal like mwk.
Gus:"What you drive has no bearing on the price of gas."

Gus:"If we all bought less gas for a month or so the price would come down."

What? Which one is it? a or b?

Why don't we all switch to engines which use less fuel (then we would be buying less gasoline!) and then the price would come WAY down!
Tuesday, gas in Chetwynd was $116.9 / litre

Groundbirch was $122.9
Tuesday, gas in Chetwynd was $116.9 / litre

Groundbirch was $122.9
Don't worry the worse is yet to come, Oil will go up to 200 a barrel I kidd you not. Due to the middle east. Don't believe what you see on the news about the cost of oil per barrel dropped due to Japan's quake. It will rise to 200 a barrel by the end of 2012 or even sooner. The cost of cheap oil is no more, the americans knew this was to happen they (global leaders) planned this the whole middle east situation. The states have 2 oil reserves with each holding up to a trillion barrels of oil all sitting in reserves for the past 40 years in alaska and texas. They have not touched it due to control of the oil in the middle east, why drill oil on your own land where you can get cheaper oil elsewhere. So to the point when they actually have to start pumping out of there own reserves just wait and see what the price of oil will be. Like I said Oil will go to 200 a barrel and then we all will be living live like indonesia riding pedal bikes pulling truck boxes.
Canuckfan1974, you forgot about the US oil reserves we call Canada.

China will be the one creating the oil demand. Their middle class is growing exponentially and they all want cars. I heard an automaker over their is pumping out 1.5 million cars per month. That's a lot of oil demand.

hey if you didn't know China and Russia has joined together to not use the US dollar as the worlds main currancy. And that inpart formered an agreement china will no longer would need oil from the middle east as they will be getting there oil from Russia. We have our oil yes in alberta oil SANDS. The usa reserves in alaska and texas do not have sand in there oil so canada is not america's oil reserve but canada is america's blue gold though. What I mean about that is you look at the population of USA 300 million and look at canada 35 million, 3% of the worlds water supply is drinking water as we all know the great lakes are being sucked dry from major bottling companny's like nestle for bottled water and that canada has more fresh water than the states. At some point in time they will come for our water and we will be out numbered.
I've lived in PG my entire life. I've owned 4x4's and very small compact cars and I've driven them all through all four seasons and never been stuck. Check that, I did have my truck stuck once in deep snow that had a glazed bed of ice underneath it. In that situation I had to break out the shovel and sand. Never had a problem with cars.

Metalman does have a point. There are SOME people who NEED trucks and SUV's, but let's be honest folks, 90% of the people who buy them don't NEED them, they WANT them and they LIKE them. Nothing wrong with that at all, but they should also realize that they suck on gas and that they are expensive to run. I drive my truck because I like it. I also realize it will use more gas than a car and I'm willing to deal with that and not freak out like a complete maniac when the price of gas goes up. I can deal with it.
I live out of town on an acreage. I prefer a truck in the winter. So when gas goes up you can tell us how great it us. When food prices go up and Im growing all my own food I'll sit back and tell you how great it is.
Who said that it was great that gas prices were going up? I think most people just commented on the fact that a significant number of people make choices that result in them being required to pay allot of money for gas and then complain when they actually have to shell out the dough. The irony of the whole situation is incredibly amusing.

Fuel is expensive due to the outrageous taxes levied on it. The Carbon Tax is a 4.55 c/Litre smoking gun. Axe it and things get a wee bit better.

The "volume correction to 15C" is another way to screw us - when is an underground tank in PG ever at 15 degrees C? Over time, it adds up to a whole lotta gas you pay for and never get. City Hall should be pushed to enact a bylaw correcting volume to PG's average temperature - 4C. It would save you money.

Ethanol is another screw-job brought to you by your friendly neighbourhood $$$green$$$ movement. Refiners balked at ethanol until some astute chemists explained to them the higher costs to produce ethanol were more than offset by ethanol's lower energy density. Which means you drive less on a tank AND they get to charge you more - lets just say that removed any commercial barriers to ethanol-blended gasoline. And the reaction that produces ethanol from grain produces one CO2 molecule for every molecule of ethanol produced making it a carbon pig that pales in comparison to tarsands crude. Yet its called a $$$green$$$ fuel. Keep your wallets handy brothers and sisters, the planet is in trouble and only your money can save its soul.
Metalman makes me laugh.

You make it sound like PG roads are only accessible by these big gas pigs. That's just not true.

What's also funny is how people think that "tools and firewood" need to be hauled by 1 tonne pickups. I'll grant you that no prius is going to do the job, but I'm sure a half tonne would be sufficient for most people.

Oh well, pay at the pump I don't care it's your money.
Oh did I say that? I better climb down from my pedestal and head to the bank and deposit the extra money I'm saving.......
I am far from being an environmentalist,but weren't we all told that we had better change our ways after the worldwide crash,or we would all suffer the consequences.I traded off my truck(yes I own a home,have tools and miss my truck alot),but I'll get by without it.I don't see a whole lot of attitudes changing,so I can only assume that when others say we will hit bottom again,that it will be even worse,whenever it happens.I filled the car with today,the one I bought when I traded off the truck.The guy behind me was shaking his head and commenting how his pickup was at $130.00.My car was $30.00 and all I could say to the guy was it will probably get worse,to which he agreed.What can you do,if the world isn't ready for change?
What change? How does your food and goods get into town?

mwk what do you with your money, just take pictures of it? I enjoy mine.

Oil will be $200 a barrel by 2012, time to trade in your car, pickup and 4 wheeler for a mountain bike cause your gonna need it.
Hey PG ....

You quoted from Palopu's post, not mine .... !!!

LOL
You know, the average MPG difference between a 5.7 liter Dodge 4X4 and a Toyota Matrix is less than you think.

http://www.fueleconomy.gov/feg/2008car1tablef.jsp?id=30465

5.7 liter, Average MPG of 15.

http://www.fueleconomy.gov/feg/2008car1tablef.jsp?id=30871

Manual, 1.8 liter.

Average MPG of 29, about 94% more mpg than the Hemi.

Now, let's throw in a Toyota Camry driving a 3.5 liter V6 for fun.

http://www.fueleconomy.gov/feg/2008car1tablef.jsp?id=30088

Average MPG of 23. About 55% more mpg over the Hemi.

Of course, the Dodge is probably one of the worst examples I could use. Ford and Chevrolet V8's get better mileage, and not all V8's power pickups. A sedan with a V8 will get significantly better fuel economy than a pickup.

If everyone traded in their V8 land yachts and bought a car on the fuel efficient side like the Toyota Matrix, they wouldn't even cut their gas consumption in half.

If everyone driving a paid for 90s model land yacht (which get about the same fuel economy as current model land yachts) for the Toyota Matrix, they would probably get $2000 or so in trade, and end up with an additional $26,000 or so in debt, and pay higher insurance, all to pay not even cut their fuel bill in half.


People who laugh at the land yacht drivers are missing an important fact, if gas prices are unaffordable for people driving a V8, it will soon become unaffordable for those driving the Camry, and shortly afterward unaffordable for the driver of the Matrix. If gas costs double every few years, you can't cut your consumption in half to compensate indefinitely. $60 to fill up a Matrix isn't a bargain, it's what it cost to fill a pickup not that long ago.

Of course, if this is just hate for people driving no matter what they drive, go ahead and walk around in -35C and leer through frozen eyelashes at people driving around, content in your superior choice of transportation. Maybe you can keep your home warm with how smug you are.
I bought the new dodge truck with the hemi as I drive the highway all the time.It is good on fuel on the highway at about 28 miles to the gallon and has all the power and comfort one could want.I wouldn't feel safe on the highway seeing how people drive these days and still say bigger is better when it comes to accidents.Also I need to pull my travel trailer around.It is my choice and I can live with it just fine even if gas goes up to 2 dollars a litre
gas today at superstore was $1.23.9
OOO redneck that big plastic front is sure going to protect you!
Well I'm tired of all of this and I have an old /96 S10 and I'm going to do an electric conversion not only just for the fun of doing it but so I can pull up to a gas station and say fill her up Joe. When Joe says there is no place to put the gas. Then I'll say Oh! I forgot I changed over to hydro!



I'll admit that I wish my 1 ton diesel got 48 mpg, but that is not going to happen. I would love to have a small, efficient car to commute in, but still need a full sized truck fairly often, that means double the insurance, licensing and maintenance which does not make sense to me.
Gus:"Hey PG ....You quoted from Palopu's post, not mine .... !!! LOL"

Sorry, bud! The two of you post the same stuff, as if you go to the same seniors' breakfast club!

LOL
Got that 4CYL small SUV 2wheel drive, it replaced my old 81 Volvo Stationwagon , it's the same type of Car and gets great mpg, for moving big Stuff I use the old 79 4x4. I think the big Problem for most is the monthly Payments for buying to much of a Vehicle , but then it's your Money spend as you see fit but don't complain about the cost of Gas.
I've owned small cars and I currently own a truck. Getting ripped off at the pumps hurts regardless of how much gas you put in the tank. I'll be looking forward to these eco-freaks complaining about food prices in a few months. Suck it up and eat less.
Oilsands? Gasoline refinery in PG? Would be nice if canadians actually owned it/them. It's all going south.