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Gas Prices

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That's the big question....

How can a 10% drop in refinery output (generous), cause a 20% (minimum) hike in price??? Gas prices have raised 60% in the last 8 months.

Gas in Kelowna BC Canada is $1.19 per litre... like $5.35/gallon... i think there's about 4 1/2 litre's per gallon roughly.

Doesn't make sense. I think oil companies have been looking for an excuse for a long time to raise prices. People have been estimating that this year gas would go over a dollar per litre even when gas was $0.73 cents per litre... it didn't make sense... but now a method of price raising has been found..and it's called fear.
 
brn said:
Lionheart 705 said:
Tax differences of not we are still paying $7.50 plus per gallon
here in the UK and even allowing for difference in gallon size we
still pay a lot more than you. Fuel tax here is around 65%.
Click to expand...
Yes, you're paying more, but you're getting more. Health care is a
frequently used example. You get it for free. We pay thousands of
dollars per year for health insurance. That's a lot of gas! I was
attempting to eliminate such factors so we could do a fair
comparison of how much fuel costs in one country vs another.

Btw: If I recompute using your $7.50 and 65% numbers, you're the
same as $2.54/gallon in the US.
brn said:
Add in all the other taxes we pay and I can understand why we are
said to be one of the most heavily taxed nations on earth. I
wouldn't mind but can't actually see where it all goes...........
Click to expand...
Not going to argue with you on that one. :)
Click to expand...
You both make valid points. There is a similar situation here in Canada. We pay somewhat higher prices for gas, but our gas taxes are much higher, and we have certain advantages, such as free health care, that our government must pay.

What's truly unusual is that we, Canada, have more oil reserves than all of the middle east put together. I remember the energy crisis in the 70s. They said then that if oil was $30 a barrel it would be high enough to justify the cost of getting the oil out of our tar sands in Alberta. Well, it's well about $30 now, isn't it? It's true. There's so much bloody oil in western Canada, much, much more than in the middle east, but very few people are doing anything about it.

It's all a monopoly between the oil companies, and governments.
 
Jonathan Stott said:
Removing tax and comparing is pointless! It would be interesting to
know how much tax is paid just to own a car in America. In the UK,
you pay up to £170 ($300) just to own a car. If you drive into
London, you pay an extra £8 ($15) for the congestion charge. Toll
roads and bridges cost extra too.
Click to expand...
Although we think we're one of the highest taxed nations on earth, I'm still glad I live here. Hearing some of the horror stories from other countries makes me happy to be Canadian.
 
Right now the average price where I live in Canada (Toronto area) is about CAD$5.68 an imperial gallon. This works out to about US$3.95 per U.S. gallon.

My figures are based on an exchange rate of 1.20, and a gallon difference, coincidentally, of 1.20.

So, I guess I'm not too upset, even though it's a rip-off.

And, you're right ... there are about 4.54 litres per imperial gallon, and 3.79 litres per U.S. gallon.
 
tinbasher said:
Doh...someone had too start this topic!! Here in oil rich Alberta
(produced and refined here) we are being bent over and takin it in
the tail pipe at a whoppin $1.15 a litre ($5.23 gallon)
Canadian!!!...thats $4.36 American gallon!! And they say because
of....a storm....that contributes 10 to 12% to the US oil
consumption ONLY! Uh hello...we are in Canada eh!!
.......wheeeeeewhhhh....sorry had to get that off my big ol' chest!!
Wish I still had my old 76 Honda civic...

Cheers all!!
Click to expand...
I hate correcting you being a fellow Canadian, but $5.23 Canadian per gallon (imperial) equals US3.63 per gallon (American). Remember, their gallon has only 3.78 litres, while our gallon is 1.2 times bigger at 4.54 litres.

Our local gas price today is about CAD$1.25 per litre.
 
RickG said:
Hello

The price of gas in Canada has nothing to due with the price of gas
;), you guys get charged 40% to 50% for taxes. In US it's state by
state on top of the federal tax. That's why people complain about
the price of gas in one area of the country compared to another is
meaningless. Where I live there's $.18 fed/ gal, $.08 state/ gal
and 5% local, some states have $.32 state/ plus and additional
10-20% on local taxes. I more upset about the taxes then the price
of gas.
Click to expand...
You're right, Rick. I'm more upset with the taxes, too, but our Prime Minister will not do anything about it. It's filling his coffers.
 
OK I have to add my 2 cents to this thread as well. I currently live in Switzerland, yes where everyone thinks there's a pot of gold at the end of a rainbow and hedgehogs wrap good swiss chocolate dailly... the point is, we are now paying 1.79 Chf per liter.

I'll do the math for you:

1.79 x 3.8 (liters) = 6.80 Chf / per gallon

Knowing that for 1 US Dollar will get you 1.22 Swiss francs, we can then say the following:

1 gallon of gass costs 6.80 Chf / 1.22 (exchange rate) = 5.58 US dollars a gallon.

Yes thats expensive! Knowing that I own a car that has a 15 gallon tank, it costs me 83.65 US Dollars to fill my car up.

Luckily, I don't have a gass guzzeler 7.1 cumming diesel engine or a V10 gas engine that eats away.... I drive an efficient 1.6 liter turbo diesel that gets me 50 mpg. I therefore end up doing atleast 750 miles with a full tank.

Seeing prices sky rocket for the benefit on certain people which I won't elaborate on, it's wise to see small and efficient engines these days.

My 2 cents!

Mike
 
In that case, if it's proven that people drive better with sunglasses than without, are you going to accept me using the government to dictate to you that you must wear sunglasses while driving?

Or, if it's shown that a vehicle's A/C makes a dramatic difference with how well you pay attention, are all those (fewer than before, naturally) with faulty non-working A/Cs going to be forced to fix their A/C--and PROVE it to their local Dept. of Motor Vehicles?

If wearing an itchy wool sweater distracts you because you itch & scratch yourself a lot, are you going to accept the government checking in on you before you get into your car to make sure you're not wearing an itchy wool sweater?

Or, if you are apt to crash if having argued with your wife and leaving in an angry huff, are you going to accept a system being put in place which will monitor this to make sure that you're not "driving under the influence of rage?"

Are you people EVER satisfied? How much government intrusion into our private space on every specious circumstance do you want to push down our throats?

---



LRH
http://www.pbase.com/larrytucaz
 
tinbasher said:
Doh...someone had too start this topic!! Here in oil rich Alberta
(produced and refined here) we are being bent over and takin it in
the tail pipe at a whoppin $1.15 a litre ($5.23 gallon)
Canadian!!!...thats $4.36 American gallon!!
Click to expand...
I'm sure you can thank high gas taxes for the prices you're paying. I'd be interested in seeing the comparison tax per gallon you pay vs. what the average is here in the U.S.
 
larrytusaz said:
Are you people EVER satisfied? How much government intrusion into
our private space on every specious circumstance do you want to
push down our throats?
Click to expand...
The post you objected to wasn't asking for the government to fix it, just make it disapear. Why wouldn't the be possible with drivers just understanding the danger and stopping when they have to make a call?

I think you are the one talking about government invasion of privacy. I think that would be OK if they could protect society against stupid individuals.
 
peterbeyer58 said:
brn said:
Lionheart 705 said:
Tax differences of not we are still paying $7.50 plus per gallon
here in the UK and even allowing for difference in gallon size we
still pay a lot more than you. Fuel tax here is around 65%.
Click to expand...
Yes, you're paying more, but you're getting more. Health care is a
frequently used example. You get it for free. We pay thousands of
dollars per year for health insurance. That's a lot of gas! I was
attempting to eliminate such factors so we could do a fair
comparison of how much fuel costs in one country vs another.

Btw: If I recompute using your $7.50 and 65% numbers, you're the
same as $2.54/gallon in the US.
peterbeyer58 said:
Add in all the other taxes we pay and I can understand why we are
said to be one of the most heavily taxed nations on earth. I
wouldn't mind but can't actually see where it all goes...........
Click to expand...
Not going to argue with you on that one. :)
Click to expand...
You both make valid points. There is a similar situation here in
Canada. We pay somewhat higher prices for gas, but our gas taxes
are much higher, and we have certain advantages, such as free
health care, that our government must pay.

What's truly unusual is that we, Canada, have more oil reserves
than all of the middle east put together. I remember the energy
crisis in the 70s. They said then that if oil was $30 a barrel it
would be high enough to justify the cost of getting the oil out of
our tar sands in Alberta. Well, it's well about $30 now, isn't it?
It's true. There's so much bloody oil in western Canada, much,
much more than in the middle east, but very few people are doing
anything about it.

It's all a monopoly between the oil companies, and governments.
Click to expand...
Hi Peter

I think I've learned from this that we are all being screwed wherever we live! All governments seem to view the car as a cash cow on the one hand, while telling us not to use them on "environmental" grounds on the other.

A bit like tobacco & drink really - don't smoke or drink on health grounds - please smoke 'cos we need your taxes.............

Sad fact is that for someone like me and many others in rural areas there is just no viable alternative to the car. We have one bus a week to the nearest city (10 miles away) and I use my car extensively for business because there is no other way to do it. Whatever the tax I've just got to pay it and try and recoup it from their grasping little paws some other way.........

Lionheart

Dragons slain, trolls hung, drawn & quartered, (this is a completely free public service), witches burnt at the stake, serfs freed, maidens rescued, crusades fought, moats dug, sieges mounted, armour de-rusted, swords sharpened, boils lanced, teeth pulled, night soil collected, scolds bridled, outlaws hunted, virgins deflowered - call for free estimate
 
Not good for anyone but major stockholders in oil companies and CEOs.

My gasoline just to go to work has gone from $1.50/gallon to $3.29/gallon. That is about $200 MORE per month. My natural gas on the level billing plan has gone from $79/month to $95/month and may be recalculated by the gas company. Likely to follow suit:

increased food prices secondary to increased transporation cost for shipping

increased service costs from contractors and repairmen secondary to increased fuel prices

increased medical service and insurance costs--hospitals sustain higher utility costs
increased auto repair costs
increased clothing cost
increased cost of building materials for home repairs
etc.etc.etc.

Decreased dinners out, movies, clothing, furniture purchases, electronics purchases, computer upgrades, and shorter vacations closer to home
Postponed dental repair, eyeglasses

With many people, inability to purchase medication; not testing blood sugar as ordered by their physician secondary to high cost of testing supplies; stretching their medications to fewer doses per day; missing medical appointments with multiple physicians because they cannot buy gasoline or pay higher taxi or bus fares

People stop buying as much, retailers do not need as many employees; more people out of work, more strain on the social system.

I suppose this could become a rather unwieldy post as we look at federal, state, and local governments dealing with increased fuel costs. Let's not forget schools scrimping on their already tight budgets in order to pay higher diesel fuel costs for school buses. Oh, well, our kids can always read last year's text books and give up art, music, PE, health class. Or property taxes might be raised. More money from shrinking personal income. Rental property owners increase rent to pass along increased heating costs and higher taxes. It just doesn't end.

As budgets get tighter, people will buy gasoline on credit and wind up paying up to 22-26% interest or more. But, this is good for bankers, I suppose. Afterall, the bankruptcy laws have been changed.

Maybe the higher cost of gasoline isn't so good afterall. Ya think?

But then, maybe you own a lot of oil company stock or have other income potential, but for the majority of people who work in ordinary jobs, times are getting tougher.
 
Yep, good point. Guess the frustration level has been running high with so much tragedy around us. There are so many left with nothing that I have to remember that as of today I am still very fortunate. And, I do own two Nikons.
 
Vandyu said:
Yep, good point. Guess the frustration level has been running high
with so much tragedy around us. There are so many left with nothing
that I have to remember that as of today I am still very fortunate.
And, I do own two Nikons.
Click to expand...
That's a good idea - you could always put wheels on them, hee hee......

Lionheart

Dragons slain, trolls hung, drawn & quartered, (this is a completely free public service), witches burnt at the stake, serfs freed, maidens rescued, crusades fought, moats dug, sieges mounted, armour de-rusted, swords sharpened, boils lanced, teeth pulled, night soil collected, scolds bridled, outlaws hunted, virgins deflowered - call for free estimate
 
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