well I JUST filled up at 109.9 for 91 94 was 112.9 TOOK ME FOREVER to pump it, the other enc of the city is 123.9 for reg, I want to see how long they can hold out.

 

More americans need to buy suv's
I am sure that would help out the gas prices!
matt

 

You're kidding, right? The news has been warning about an increase since Monday. Frankly, I was worried it would be greater than what we got.

As for a drop, that's all about perception in the marketplace. Once those US reserves hit the refineries, and those drifting derricks are back in action, then we'll see a drop. A few weeks at the earliest, I'd say...

 

The GOVERNMENT needs to step up and remove the gas tax that was put in place back in WWII. It was supposed to be temporary, but guess what, the government liked the extra money and decided to keep it in place out of sheer greed. If they take that tax off, it would take probably 25 cents off current prices.

 

Or maybe b/c it pays for the programs and services and that make this the greatest country on the planet to live in.


It's already been said by analyists that any reduction in the gas tax would see a quiet, commensurate increase at the pumps. The 'saving' would go to the oil companies, not the consumer. Talk about reducing the gas tax is mostly the opposition parties taking every opportunity to hassle the government, pointlessly or not.


I think the tax should be left alone. If someone can't afford an extra $10 to fill their 7, maybe they shouldn't be driving it...

 

I know they were warning of price hikes, but did the situation get any worse between 8pm last night and 9am this morning?

 

here is my prediction:
prices under 1.00 are over.
they are still under a dollar in my area but this will not last.
once people get used to paying 1.13 to 1.50 a drop to a dollar
will feel like a deal and everyone will be happy.

 

Greatest country to live in?!?! BAA HAA HAA... I'll take some island down south that is one giant tax shelter. I do payroll analysis for companies here and in other countries and Canadians are RAPED from their gross to net incomes comparatively.

 

Coxwell & O'Connor -> 104.9


Enjoy your island. And pray you never get sick or have to endure civil unrest. Is one of those lovely islands named Haiti?

 

Screw the island. Here's an interesting bit of info:

A well-known (at least in these parts) newspaper columnist, who I've met over beers, is over 60 and about one year away from retirement. He had about $500,000 in savings from long-term investments. He bought a very nice house in Lake Chappala, Mexico for $100,000--- a house that would be worth over $400,000 here. The remaining $400,000 of his savings, which is still accruing interest, allows him and his wife to live very well on about $25,000 per year, as long as they stay out of the tourist traps.

This will keep them at a decent standard of living until they turn 85--- at which point, if they're still alive, they can return to Canada and claw back (via useage of our health care system, assuming our unsustainable health care set-up is still there by then) some of the taxes they overpaid when they worked here. I don't begrudge them one iota. In fact, they've earned it, which is more than I can say for anyone in government regardless of their political leanings.

But here's where it gets interesting: out of that $25,000 annual cost of living for two, medical insurance costs him about $1800 per year (with no waiting lists and remember, he's over 60), car insurance is only $300 per year, he pays virtually nil for home heating costs due to the climate, there's no property tax, no GST, his car was 2 years old when he bought it and cost him only $6000 and he's living in a lakefront community made up primarily of Canadians and Americans--- who don't hate each other!

By comparison, my car insurance is about $1200 per year (that's with my good driving record), a two-year-old car would cost me at least 15k, there's no lake within miles of me, about 50% of everything I earn goes to taxes in one form or another, home heating costs average 2k per year and my health care premium is over $500 per year (this does not include the extra 2k per year that's earmarked for our health care system that I pay in taxes as a Canadian). To enjoy the same standard of living as this columnist does in Mexico my wife and I would have to net (that's after taxes)over $80,000 per year.

In spite of this, we still have it pretty damn good here in Canada, at least for the moment. There are many in other parts of the world who would give 20 years off their life expectancy if they could trade places with us.

But there's definitely room for improvement, and unfortunately we are moving in the opposite direction. Yeah, we have a better health care system than the states, waiting lists notwithstanding. But if that's the biggest thing our flag-wavers can brag about when slamming other countries they're going to be awfully disappointed when they discover that there are other countries who have it at least as good if not better in that department. Even Mexico is in the same ballpark. I'd be mad as hell if I were them.

 

$128.9 here in Halifax! Man that sucks.

 

Amur: I want to be in mexico by the time I'm 35... 40 at the latest.. I've known about that for a while too and am putting resorces into getting there!

I just paid 1.40 to fill up my car with 91...

what the /****/!

 

As expensive as this is, when adjusted for inflation it's not quite as expensive as gas was in 1982 dollars, when it was just under 50 cents per liter. The cost of just about everything else has trippled since then, but gas has yet to cost tripple what it was in '82.

Still, my heart bleeds purple **** for all those suckers who went into debt to buy an SUV and now cannot afford to fill the tank. They could sell it (if anybody's still buying these behemoths), but with gas prices being what they are they'd still owe several thousand on it after giving it away for a song to its new owner.

 

Uh, that was my post in response to Amur's. I don't think any of us would get much sympathy from him regarding our dis-satisfaction living in Canada and our aspirations of taking our money out of Canada and living offshore. Expect him to say something along the lines of "Good riddance and don't let the door smack you on the *** when you leave."

 

j00 fail at teh mind reading.


You can do whatever you want. Make the most of what you can, where you can. Saying differently would make me an fool. If you have to jump planes once in a while to do it, and you don't mind that, then go for it.


To step back a little from the Mexico/Canadia plans, one wonders if the average Mexican citizen has the opportunities to create the kind of lifestyle in any country that our Canadian foundation allows. Your friend is looking forward to very comfortable living for $100,000 down and $25,000 a year, after spending a lifetime preparing for it. How many Mexicans, young or old, can reasonably expect to pursue the same goals? How many will earn enough money to accomplish that? Last time I looked, Mexico City was famous for its shantytowns, not its condos...


The comparison is unreasonable. Canada sucks b/c living here is expensive? Mexico is better b/c it's cheaper? That's damned short-sighted. I expected better from a man of your post count...

Mexico is pretty much still a Third World country. But its proximity to North American makes it easy for citizens of wealthy Canadia and the US to cross the border and spend money there in isolated sectors. And so there are resorts, and condos, and all the rest. All the benefits of a poorer nation with a weaker dollar without the hassles of financing a complex public infrastructure through higher taxes. You're comparing a stable, rich society that embraces a doctrine of brotherhood and personal freedom without equal to a nation that's never been able to shake its political and civil unrest (political assassinations have been commonplace there for over a century) and who's most visible national pasttime is arguably fleeing across the border into the US.



http://ist-socrates.berkeley.edu/~bo...es_mexico.html


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Looks like a N/A RX7 will be in my future, Either that or a turbo sprint lmao...........

 

$1.28/L this morning when I filled up at Canadian Tire. My strategy has been to only put 5 or 10 dollars into the Insight at a time, since that buys about a weeks worth of driving. Then, when it's cheap(er), fill it up completely. Doesn't seem to be working, since it's been pricey for the past two weeks, and with the drives to Toronto several times a week, it means filliing up once a week anyway...

Meh, not rally complaining though, since I don't think that any of us here have the right to complain about gas prices.

BTW, anyone see Trucks on TNN/Spike last Sunday? Stacey made biodesel at 70 cents/gallon. Sure, the kit to do so probably cost $800, but it's nothing that couldn't be made from plumbing store parts for under $100...

 

I burn too much gas... :/
cheapest 126 I saw last night, also saw 148 lol

 

The fuel companies are taking advantage of a natural disaster & using that as an excuse to gouge - insurance companies will probably do the same. Regardless, a large portion of what we have to pay at the pumps is tax, more than one third, & our government doesn't seem to care. The fuel companies know that we will continue to pay for gas regardless of the price because we need it. This will have an adverse effect on everything else because rather than paying for things that we don't really need, like vacations, restaurants, entertainment, etc, we'll just buy gas. It's a vicious circle & it will probably get worse. Effectively, the rising cost of fuel, insurance, & taxes are taking a lot of money out of circulation. Maybe the government wants to drive us into another recession. As far as a class action law suit is concerned, I seem to recall Bell Telephone being ordered to refund some of it's profits several years ago because it was determined by a third party that they were overcharging for the service - I don't think it was the result of a class action suit though. The Freedom 55 people were also hit with a class action suit a couple of years ago because they weren't passing on the true profits to their shareholders.

 

I say we all don't go to work for a week. Blame it on gas.

Lets see how it affects the market.....

 

129.9 here in moncton. **** it sucks

 

103.4 to 108.9 here in Winnipeg....and I'm doing a road trip with my RX-7 to Saskatoon this weekend.....I can just imagine the price in that Province.....

 

Its an odd position to find myself in (apologizing for oil & gas co's and big business generally, that is), but I have to say I don't think it's gouging we're seeing right now. The New Orleans and Gulf coast region is home to 40% of US refining capacity - and the current estimate is that the hurricane has lost the US 10% of its oil and gas supply (due to damage to offshore drilling facilities), and 25% of its refining capacity. That translates to an immediate gas and oil shortage, affecting most of the southern US from California to Florida, and north on the east coast as far as New York.
Gas prices in the US are already near $3/gal, and approaching $4 a gallon - in some areas of the south its nearly $6/gal. That works out to nearly $1.50-1.70L even before our higher taxes are added. And that price is driven by the fact supply, which was already tight before the storm, is now simply well below demand. Station owners will raise prices, not just because they can, but because with uncertainty over supply, they have to assume the gas they have in their tanks is all they have to sell - so they will sell for whatever they can, because next week they may not have gas to sell. The same goes for refiners, and on through the system. Consumers are driving the phenomena, no pun intended, as they panic and try to buy as much gas as possible for fear of being caught on empty.
Economic forcasts out of the US today and yesterday are predicting gasoline at-or near $4/gal in the US over the next 4-6 months. So the short term crisis likely will carry over into the medium term.
Why does this affect Ontario immediately, and likely to some extent the rest of Canada shortly? Simply because an Ontario refinery can easily move product into the US market, where the refinery price (before it goes to wholesale, then retail, then taxes) of a US gallon is already over $3 US in some areas. So Canadian buyers have to some extent compete to buy fuel with potential US buyers.

 

http://www.cbc.ca/story/business/nat..._20050901.html

 

I didn't realize that so much of the refining capacity was down there. The thing is that there isn't an immediate shortage because they keep an inventory, but I can see why prices went up.

What's odd is that yesterday the price spiked to $1.20/L, later in the day it had dropped to $1.05 and then this morning it's at $1.30. That doesn't make sense. If a Canadian oil company owns the wells, the refinary and the station, how can they account for this? It's only if they're suddenly selling into the US, which they're probably not setup to do in the short term.