Vancouver Gas Prices Topping $2/L

[herbie]

So they got rid of the 20¢ carbon tax and now gas prices are climbing over $2.00. The 60¢+ hike is gpoing directly into the pockets of the Oil companies.
So what's the Conservative solution?
Cut more gas taxes....

I'm reconsidering buying  that new hybrid. Might wait for a Chinese BEV instead.

[eyeball]

It was $2.20 at the fuel dock out here on Saturday.  I'll be looking at an EV ASAP myself as well.  I've got a nice Honda C-RV with low mileage to trade in.

There's a start-up company coming to town that's planning on converting boats to electric power. Interesting times alright.

I can't think of anything that'll spur the development of alternative energy faster than the current situation.

[ironstone]

Gas is 156.9 around my area. It's gone up so much recently as we all  know because of the military action in the ME. Gas prices in my region have been all over the place in recent years. They did hit 150.0+ around 3-4 years ago.

The thing is, as EV sales continue to grow, governments still need a revenue stream for road maintenance so it may be higher rates for electricity or road usage charges based on distance travelled.

[User]

28 minutes ago, herbie said:

So they got rid of the 20¢ carbon tax and now gas prices are climbing over $2.00. The 60¢+ hike is gpoing directly into the pockets of the Oil companies.
So what's the Conservative solution?
Cut more gas taxes....

I'm reconsidering buying  that new hybrid. Might wait for a Chinese BEV instead.

So... you are complaining that you are not taxing it even more because gas prices change and companies make a profit?

 

[herbie]

3 hours ago, eyeball said:

There's a start-up company coming to town that's planning on converting boats to electric power. Interesting times alright.

Don't you know you'll be condemning yourself to choosing death by electrocution or death by shark?

So if you're sinking don't forget to press your bare ass across the battery terminals and smear yourself with sardines so the dogfish can nibble you to death.

[paxamericana]

Gas prices are just one cost of higher oil. Petroleum derived products will also have increased cost, asphalt, plastics, etc. Should of paid your NATO bill and help us with Iran.

[eyeball]

5 minutes ago, paxamericana said:

Should of paid your NATO bill and help us with Iran.

Your tariff invoice caught us by surprise so we're a little short. Get in line.

[paxamericana]

59 minutes ago, eyeball said:

Your tariff invoice caught us by surprise so we're a little short.

Addressed to only Carney remember?

[herbie]

Give the Yank some credit, he grew up brainwashed that the oil pumped 300 miles away and refined 100 miles away should cost as much as that pumped on the other side of the world that you don't even buy.
While they hide under the bed from the Red Menace, Daddy whispers lists of things that are communist in his definition as he cleans his gun.

[paxamericana]

1 hour ago, herbie said:

the oil pumped 300 miles away and refined 100 miles away should cost as much as that pumped on the other side of the world

It’s not America’s fault that we are energy rich.

1 hour ago, herbie said:

While they hide under the bed from the Red Menace, Daddy whispers lists of things that are communist in his definition as he cleans his gun.

Both Dad and Granddad killed commies at 18 thank you very much, it’s a proud heritage.

[eyeball]

1 hour ago, paxamericana said:

Addressed to only Carney remember?

You haven't got a clue either eh? Colour me surprised.

[CdnFox]

8 hours ago, herbie said:

So they got rid of the 20¢ carbon tax and now gas prices are climbing over $2.00. The 60¢+ hike is gpoing directly into the pockets of the Oil companies.
So what's the Conservative solution?
Cut more gas taxes....

I'm reconsidering buying  that new hybrid. Might wait for a Chinese BEV instead.

That would be the war in Iran, had you not heard of it or something? Oil prices have shot through the roof and it's not like we do much of our own refining

[August1991]

In Montreal, it is around Cdn $1.85 per litre.

Mon voisin blame Trump.

===

We Canadans/Quebecers have a lot of hydro-electricity (and oil).

Higher world prices for energy make us richer.

Edited March 17 by August1991

[CdnFox]

33 minutes ago, August1991 said:

In Montreal, it is around Cdn $1.85 per litre.

Mon voisin blame Trump.

===

We Canadans/Quebecers have a lot of hydro-electricity (and oil).

Higher world prices for energy make us richer.

You don't have a lot of oil. 

"

"Crude Oil

• Quebec does not have any commercial crude oil production."

CER – Provincial and Territorial Energy Profiles – Quebec

You dumbtwats refused to allow oil to come from the west so your couple of small refineries have to compete with saudi and other oil same as everyone else. 

This will HURT you badly.  How the hell is it i know more about your province than you do?

[John Stone]

A real concern is whether gasoline prices will drop - post Iran war?

Although gasoline prices in Canada rise - it can't be denied that the 'war' is a boon to the Nation.

The countries most affected by the excursion in the Persian Gulf are located in Asia

They're making up the shortfall by targeting other markets (Canada / NA)

Supply / demand rules.

Gasoline prices rise. 

[John Johnston]

19 hours ago, herbie said:

So they got rid of the 20¢ carbon tax and now gas prices are climbing over $2.00. The 60¢+ hike is gpoing directly into the pockets of the Oil companies.
So what's the Conservative solution?
Cut more gas taxes....

I'm reconsidering buying  that new hybrid. Might wait for a Chinese BEV instead.

Been thinking the same thing. 

[CdnFox]

4 hours ago, John Stone said:

A real concern is whether gasoline prices will drop - post Iran war?

Although gasoline prices in Canada rise - it can't be denied that the 'war' is a boon to the Nation.

The countries most affected by the excursion in the Persian Gulf are located in Asia

They're making up the shortfall by targeting other markets (Canada / NA)

Supply / demand rules.

Gasoline prices rise. 

Well it's not like we haven't been through this before. Traditionally they not only drop but actually go lower as the various combatants seek to sell more in order to repair their trashed countries

It doesn't happen immediately of course, but that is normally what occurs. I suspect that will be the case this time as well.

[John Stone]

Although the U.S. has the largest oil reserves  on the planet - the flavor of it's crude is high sulphur - unsuitable for U.S. refineries in the production of gasoline. 

Damn, how ironic, to be the largest oil producer on the planet and yet the product is totally moot in what is important - gasoline and by extension, political leverage. 

Always make me laugh when I hear Trump proclaim that the U.S. doesn't need oil imports.......... suppose he's correct if he's talking about manufacturing plastics. 

Does this man know  anything or is he just taking advantage of an audience he considers ignorant, gaslight fodder.  

[herbie]

17 hours ago, paxamericana said:

It’s not America’s fault that we are energy rich.

Bragging how energy rich you are to your biggest energy supplier.
As stupid as Donnie Diaper Sniper is....

[herbie]

Quote

A real concern is whether gasoline prices will drop - post Iran war?

That's what I've been saying. They already know when they were up near $2.50/L you didn't stop buying, you just whined louder. Where's the incentive to lower prices?

Most of us are looking for hybrids before gas prices soared. As I've stated foir years the Oil Industry will sell more electric cars than mandates every can.

[LinkSoul60]

31 minutes ago, John Stone said:

Does this man know  anything or is he just taking advantage of an audience he considers ignorant, gaslight fodder.  

Bang on!  For a guy that doesn't need that doesn't need other countries oil, he sure imports a lot of it.

[John Stone]

2 hours ago, LinkSoul60 said:

Bang on!  For a guy that doesn't need that doesn't need other countries oil, he sure imports a lot of it.

................ the U.S. requires sweet crude - Canada crude would work. haha

The only one more gifted at gaslighting is Rick Scott. 

Edited March 17 by John Stone

[paxamericana]

3 hours ago, John Stone said:

Although the U.S. has the largest oil reserves  on the planet - the flavor of it's crude is high sulphur

You have that reversed but the same result, Us sells its oil to be refined over seas and refined the heavier (higher sulfur) content for domestic consumption. Which makes sense if you think about it. The heavy crude is cheaper than the light crude. Why not sell your higher quality crude to others and import lower prices quality crude. But make no mistake, the USA is a NET exporter. This also has the added benefit of creating leverage in the event of a geopolitical negotiation. The US can shut off oil export to Japan or South Korea as an example.

And to make it abundantly clear, it’s much more expensive to refine heavy crude with high sulfur content, only the best of the best refiners in the world have the technology to do so at scale and profit. Muricah! 

3 hours ago, John Stone said:

gaslight fodder

My dream job

Edited March 17 by paxamericana

[LinkSoul60]

1 hour ago, John Stone said:

................ the U.S. requires sweet crude - Canada crude would work. haha

The only one more gifted at gaslighting is Rick Scott. 

60% of US refinery capacity is designed for heavy crude and Canada exporting ~4M barrels per day of heavy crude to midwest and Gulf Coast refineries. 

Minor details...

[John Stone]

13 hours ago, paxamericana said:

You have that reversed but the same result, Us sells its oil to be refined over seas and refined the heavier (higher sulfur) content for domestic consumption. Which makes sense if you think about it. The heavy crude is cheaper than the light crude. Why not sell your higher quality crude to others and import lower prices quality crude. But make no mistake, the USA is a NET exporter. This also has the added benefit of creating leverage in the event of a geopolitical negotiation. The US can shut off oil export to Japan or South Korea as an example.

And to make it abundantly clear, it’s much more expensive to refine heavy crude with high sulfur content, only the best of the best refiners in the world have the technology to do so at scale and profit. Muricah! 

My dream job

 

The U.S. refineries primarily use imported crude oil to produce gasoline, diesel and other. 

Imported crude is due to the specific types of crude oil needed for refining and the infrastructure limitations of domestic refineries

Ergo, the increasing cost of gasoline is due to supply / demand.