Cheap Gas

[sumdumguy]

Costco Regina - 85.9 💥

[bucket]

30 percent drop in oil prices....gas should be 65 cents and diesel less....

Otherwise when oil goes to 60 bucks a barrel gas will be higher than when oil was 140 a barrel...

[Austrian Economics]

Gas prices will fall further, and so will most other commodity prices. But if you are an unemployed oil field worker whose employer just filed for bankruptcy thanks to the commodity price collapse, gas is not nearly cheap enough.

[farming101]

Yes cheap gas is useless if you have no where to go.

If this keeps snowballing household debt to GDP is going to go to infinity.

[WestwardHO]

All Fuel Taxes are based on Cents/L so as the price of oil goes down, and the posted price follows it, remember the Tax isn't going down. Its becoming a larger percentage of the pump price. Total taxes account for 28 to 35+ cents / L depending on the Province. PLUS it still costs to convert that oil, and get it to your car. Thats not getting any cheaper, and freight costs aren't being reduced by much when the price of diesel goes down. That has to be paid for.

[bucket]

All Fuel Taxes are based on Cents/L so as the price of oil goes down, and the posted price follows it, remember the Tax isn't going down. Its becoming a larger percentage of the pump price. Total taxes account for 28 to 35+ cents / L depending on the Province. PLUS it still costs to convert that oil, and get it to your car. Thats not getting any cheaper, and freight costs aren't being reduced by much when the price of diesel goes down. That has to be paid for.

Interesting. ...it's a commodity like grain ....and no one gives a shit about the freight cost to deliver to an elevator and the additional taxes we pay....or any of the base cost to produce grain. ..

Either it's a open market on gas or its not...it's obviously a collusionary market

[Taiga]

Co-Op is $0.66/L dyed diesel here delivered, excluding GST, I am going to pull the pin this week I think.

[helmsdale]

Yay, I got ****d!

Pinned everything at $0.785... #Winning!

[foragefarmer]

Pump prices Winnipeg


Costco 69.9
Co-op. 73.9. what’s wrong with Sask and those high PUMP prices.?

[fjlip]

Our SHIT dollar will f*ck up any cheap Crude, yes taxes will not disappear.

[furrowtickler]

Pump prices Winnipeg


Costco 69.9
Co-op. 73.9. what’s wrong with Sask and those high PUMP prices.?

Taxes to pay for those that don’t pay

[foragefarmer]

I didn’t realize you had so many people in Sask not pulling their weight!

[furrowtickler]

I didn’t realize you had so many people in Sask not pulling their weight!

Well that and we are simply getting screwed over here.

[SASKFARMER]

Filled up yesterday $1.45 USA a gal premium

[SASKFARMER]

.55 a liter canadian

Now did see some place is .99 USA a USA gal or .37 liter