1.40L for gas

[Guest American Woman]

Aside from idle market speculation you mean?

I can't even imagine what they could be idly speculating about.

[guyser]

Gas just took another leap where I live - wondering if it did in Canada, too. Went up from $4.01/gal yesterday to $4.33/gal today. For the life of me, I can't think of anything that's happened that would account for it.

Ours went down some 4 cents or so......I think.

We pay your equivalent (w/o exchange rates factored) $4.92 a gallon.

[Dave_ON]

Is that really why? Or are they just saying that's why? There's no similar situation here, yet prices have skyrocketed.

I guess it's risen about as much as ours has in the same time frame; I just didn't quite realize it was that much more in Canada than it was here.

The main reason we have such high gas prices here is due to a built in gas tax, which is taxed again by the GST or HST if you're in pretty much any province other than the prairies. The idea, is the gas tax allow us to pay for our federal/provincial highways, rather than having to charge tolls as many States in the US do. 407 ETR, another Jimmy F brainchild, notwithstanding of course.

[Dave_ON]

Ours went down some 4 cents or so......I think.

We pay your equivalent (w/o exchange rates factored) $4.92 a gallon.

When I filled up in Ontario before I left for IL 2 weeks ago, it was still 1.34 a litre. Not sure what it is now.

[guyser]

When I filled up in Ontario before I left for IL 2 weeks ago, it was still 1.34 a litre. Not sure what it is now.

Lowest in $1.294 , avg is $1.34

Lowest in London is 1.219 on Maitland

Edited May 12, 2011 by guyser

[Topaz]

Today, the Industry Minister Tony, say he wants to get the gas ceo's to Ottawa and find out why prices are so high. They are doing the same thing today in Washington DC. Since Parliament doesn't sit til May 30th and they are gone by the end of June, it will be Sept.-Oct before they are back so there's no answers till then. http://www.theglobeandmail.com/report-on-business/ottawa-to-grill-gas-industry-over-prices/article2019582/

[munsinger]

Today, the Industry Minister Tony, say he wants to get the gas ceo's to Ottawa and find out why prices are so high. They are doing the same thing today in Washington DC. Since Parliament doesn't sit til May 30th and they are gone by the end of June, it will be Sept.-Oct before they are back so there's no answers till then. http://www.theglobeandmail.com/report-on-business/ottawa-to-grill-gas-industry-over-prices/article2019582/

and no answers will be provided after Oct..... as well

[Dave_ON]

Today, the Industry Minister Tony, say he wants to get the gas ceo's to Ottawa and find out why prices are so high. They are doing the same thing today in Washington DC. Since Parliament doesn't sit til May 30th and they are gone by the end of June, it will be Sept.-Oct before they are back so there's no answers till then. http://www.theglobeandmail.com/report-on-business/ottawa-to-grill-gas-industry-over-prices/article2019582/

It will make precious little difference anyway. What realistically will they do/say? Gas is one of those commodities that will sell pretty much no matter what they charge for it. We're addicted to oil, and we'll pay what we need to and there's precious little any of us can do about it, including the government. What's Tony going to do? Give them a disapproving look and shake his head derisively? The only way to affect gas prices, is to make it unnecessary, given the expense of the alternatives even in comparison to outrageous prices, it's still cheaper.

[Bonam]

No big deal. Gas is still by far my least expensive part of owning a car. Plus, higher gas prices mean more demand for more efficient cars and new technologies.

[guyser]

No big deal. Gas is still by far my least expensive part of owning a car. Plus, higher gas prices mean more demand for more efficient cars and new technologies.

Fuel is the second most expensive part of operating a car (26%) , after depreciation.(46%)

(Consumer Reports)

YMMV

Edited May 12, 2011 by guyser

[scouterjim]

Gas prices have skyrocketed in eastern Canada due in part to the floods in Manitoba affecting transportation.

And next week it will be because somebody's dog chased a gasoline truck. Then it will be because somebody at a refinery farted and started a panic, and on and on and on...

[RNG]

And remind me again - how did the NEP work out?

There is intelligent regulation then there is stupid, wishful thinking, unrealistic, I can fix it all kind of thinking. Gasoline prices are a world-wide market. US refinery runs are low because there is such an oversupply of diesel and jet fuel. So they are cutting down production so gasoline is getting into short supply.

Refineries can't change their product split much at all. So until commerce and air travel increases, the refineries will be running slowly and the price of gas will stay high.

Bump. And anyone want to guess what the outcome of Clement's "grilling" of oil executives will be? The same as Obama's. The unwashed masses will think their government is doing something.

Edited May 12, 2011 by RNG

[Topaz]

Why is gas in Alberta .10-25 cents cheaper? Is it the province taxes? What?

[guyser]

Why is gas in Alberta .10-25 cents cheaper? Is it the province taxes? What?

Hometown discount.

( not to mention they have to live there )

Edited May 12, 2011 by guyser

[RNG]

Why is gas in Alberta .10-25 cents cheaper? Is it the province taxes? What?

Taxes and transportation costs. Why not let an oil company build a refinery in your back yard. And elect a responsible government. Then you too could benefit.

[ninjandrew]

Why is gas in Alberta .10-25 cents cheaper? Is it the province taxes? What?

Apparently its no cheaper than in Manitoba.

[SF/PF]

Absolutely! The oil sands alone are estimated to last at least 300-400 years!

Given that the new trend in extraction (sagd) is highly dependant on fresh water supplies and typically only nets about 30% of the bitumen from the area, those estimates seem pretty high to me.

The reserves are there, the question is if we'll be able to economically get at any more than about a third of those reserves.

[Shady]

It's actually pretty simple. If we want cheaper gasoline, we need to produce more of it, and refine more of it, closer by. Until that happens, everyone needs to STFU.

[Smallc]

Apparently its no cheaper than in Manitoba.

It is. The price that Bryan paid is not typical.

[August1991]

Today, the Industry Minister Tony, say he wants to get the gas ceo's to Ottawa and find out why prices are so high.

Tony Clement is a wannabe populist. When the Liberals/NDP/generic Harper-haters claimed that Stephen Harper was dictatorial control-freak, I always reminded myself that Harper suffered Clement in cabinet.

----

Gasoline prices? Let me repeat the mantra (because it's the truth). Variations in local gasoline prices largely follow variations in world oil prices. (The correlation factor is around 90%.)

Depending on province and city, gasoline taxes are around 30-40 cents per litre including a federal excise tax of 10 cents per litre. (This federal tax amounts to a "carbon tax".)

Retail gasoline markets are very competitive. If you want to find the cheapest place in your community to buy gas, check this website.

[Bonam]

Fuel is the second most expensive part of operating a car (26%) , after depreciation.(46%)

(Consumer Reports)

YMMV

That might be true somewhere, averaged over all kinds of ridiculous gas-guzzling vehicles and low American insurance rates, but it certainly isn't true for me. The biggest expense is the cost of the car itself ($350 per month), the second biggest expense is insurance (in Vancouver, I paid $250/month). That's $600 per month whether or not I drove the car at all. Replacing a door due to a scratch someone caused in it in a parking lot cost $3000, that's more than I've spent on fuel in the whole time I've owned a car. My fuel expenses are about $60 per month, about one tenth of monthly payments + insurance. Fuel could triple in price and it would still remain a lower cost than car insurance.

I honestly don't understand why people always moan about the costs of heating their house, using electricity, or filling their car. These things are all super cheap. Less than $100 per month for me for all those three combined. Maybe people need to learn to be less wasteful and stop driving 50 ton main battle tanks as their daily commute vehicle?

Edited May 13, 2011 by Bonam

[ninjandrew]

It is. The price that Bryan paid is not typical.

I just checked GasBuddy and gas in Winnipeg is $0.04 more than it is in Edmonton. $0.06 more in Toronto, and $0.11 more in Vancouver. Edmontons avg. price right now is $1.279/L.

[August1991]

My fuel expenses are about $60 per month, about one tenth of monthly payments + insurance.

If I were you, I would sell the car and take taxis.

A good rule of thumb is to double gasoline cost to reckon depreciation/maintenance/insurance costs. IOW, the true cost of your car per km is about double your gasoline costs.

If your gasoline costs are low, you have an expensive leather chesterfield sitting unused in your garage.

Edited May 13, 2011 by August1991

[TimG]

If your gasoline costs are low, you have an expensive leather chesterfield sitting unused in your garage.

No. I have an extension of my home which provides transportation where and when I need it. The freedom has value.

[Bonam]

If I were you, I would sell the car and take taxis.

A good rule of thumb is to double gasoline cost to reckon depreciation/maintenance/insurance costs. IOW, the true cost of your car per km is about double your gasoline costs.

If your gasoline costs are low, you have an expensive leather chesterfield sitting unused in your garage.

I go on trips to the mountains every weekend with my friends and am usually the driver. The car allows me to do this, it certainly serves its purpose. And yes, it allows freedom of movement as TimG mentioned.