Margins are pretty good refining cheap oil

[farmaholic]

And trump loves cheap Canadian oil buy at 10 and sell there own for 50.

USA is booming gas any where from $1.88 to $2.05

.......a ****en U.S. ****en gallon....

$2.05 divided by 3.78 equals 54 cents a liter?

54 cents at 1.36 exchange equals 73 cents a liter CAD....

[bucket]

.......a ****en U.S. ****en gallon....

$2.05 divided by 3.78 equals 54 cents a liter?

54 cents at 1.36 exchange equals 73 cents a liter CAD....

The US can buy our oil and still make gas cheaper than anywhere with a 2 hour drive of a refinery in Canada. ...

And people wonder why there is yellow vest protests coming ....

Between 73 and 1.20 CDN a litre.....is more than just a little gouging and collusion

[farmaholic]

The US can buy our oil and still make gas cheaper than anywhere with a 2 hour drive of a refinery in Canada. ...

And people wonder why there is yellow vest protests coming ....

Between 73 and 1.20 CDN a litre.....is more than just a little gouging and collusion

What portion of that price per liter is taxes in Canada versus US?

[bucket]

What portion of that price per liter is taxes in Canada versus US?

The collusion and gouging is the 47 cent differential....Gouging in the form of taxes and more to come in a week...

Collusion because its a necessary evil...

My dad never changed the way he farmed because of fuel prices ....his sons did because of what has happened since...

It also afforded him more opportunities....

6 dollar grain and a minuscule fuel bill ...more hours on the tractor and more fuel burned then than now and it allowed him to do more...

[Oliver88]

WTI up over $4 today.

I’m assuming diesel will nudge up slightly when diesel fuel prices change on Friday.