Thread: Gas Prices
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Old Posted Jul 4, 2017, 6:11 PM
Trainguy Trainguy is offline
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Quote:
Originally Posted by WarrenC12 View Post
Gas prices in Bellingham are always the same as ours once you account for taxes and US exchange. We have federal excise tax, GST, carbon tax and Translink tax on our gas. I think they pay roughly 8% state sales tax, depending on the county. Their prices still bounce around roughly in line with ours. I think it's a steady 30% cheaper or so, some of our taxes are per liter and others are a flat %.

This is how I understand it:

They are the same price otherwise because we are served by the same refineries in WA state that have been at capacity forever, but due to the long term outlook, nobody seems to want to build more refineries.

So it's "supply and demand" at the refinery capacity level.. supply can't really go up much.

With all that said, I can't wait until my Tesla model 3 order is fulfilled...
Great info... so what you are saying is that the rest of Canada is paying way less than we are because our gas taxes are so high and theirs are much lower? has to be more than that... Edmonton has always had much lower gas prices...
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