Gas Prices - Page 35

s211 · #**681** Posted **May 31, 2019, 7:35 PM**

Quote:

Originally Posted by logicbomb

Find it ironic that Alberta is seeing massive forest fires and choking their own province along with other provinces with smoke but yeah, cheap gas!!!

Uh-huh.

retro_orange · #**682** Posted **Jun 1, 2019, 2:36 AM**

Quote:

Originally Posted by WarrenC12

Was cheap in Vancouver last night, I saw a lineup at 149.9 I believe. I wish the government would stop changing the carbon tax all the time.

Well nobody ever saw it coming, refineries have unexpected maintenance every Thursday.

WestCoastEcho · #**683** Posted **Jun 1, 2019, 2:40 AM**

Quote:

Originally Posted by retro_orange

Well nobody ever saw it coming, refineries have unexpected maintenance every Thursday.

Considering that refineries run flat out 24 hours a day, 7 days a week with only periodic maintenance every year or other year, I'm surprised that they don't fail more often.

retro_orange · #**684** Posted **Jun 1, 2019, 2:47 AM**

Quote:

Originally Posted by s211

Uh-huh.

It's hilarious how tone deaf you are. Alberta wants their oil industry but not the ramifications that come with it. There's no other industry that has as much of an impact on our climate as oil production. In this case you literally cannot have your cake and eat it too. Wildfires are gaining in intensity like unchecked diabetes will take your limbs.

It's like having a bad diet but always being devastated that you gain weight and feel like crap.

Migrant_Coconut · #**685** Posted **Jun 1, 2019, 3:31 AM**

Quote:

Originally Posted by retro_orange

It's like having a bad diet but always being devastated that you gain weight and feel like crap.

Hence this. Unfortunately for Alberta, you can't stomach tap bitumen.

retro_orange · #**686** Posted **Jun 1, 2019, 5:18 AM**

Quote:

Originally Posted by Migrant_Coconut

Hence this. Unfortunately for Alberta, you can't stomach tap bitumen.

Hahaha gross.

WarrenC12 · #**687** Posted **Jun 1, 2019, 5:23 AM**

Quote:

Originally Posted by WestCoastEcho

Considering that refineries run flat out 24 hours a day, 7 days a week with only periodic maintenance every year or other year, I'm surprised that they don't fail more often.

Parkland was at 80% recently. Couldn't get enough supply from TM, somehow...

Trainguy · #**688** Posted **Jun 2, 2019, 7:15 PM**

So Dan from Gas Buddy gets on the radio saying that gas will drop around 6 cents a L this weekend. Huh? Haven't seen that driving around town, the Esso on 104th is still in the $1.64 range.

Anyone seen the price drop? The PetroCan on KG was $1.56 last week in the evening but I haven't driven by there this weekend.

mcminsen · #**689** Posted **Jun 2, 2019, 7:41 PM**

The Chevron at Main and 12th was at $151.9 yesterday.

June 1 '19, my pic

fullsizeoutput_8045 by mcminsen, on Flickr

Trainguy · #**690** Posted **Jun 3, 2019, 4:52 AM**

Quote:

Originally Posted by mcminsen

The Chevron at Main and 12th was at $151.9 yesterday.

June 1 '19, my pic

fullsizeoutput_8045 by mcminsen, on Flickr

That's more like it. Some stations are just being greedy as usual.

WarrenC12 · #**691** Posted **Jun 5, 2019, 4:06 PM**

This is hilarious:

https://vancouversun.com/news/local-news...ancouver-linked-to-global-economic-gloom

So which is it? Our limited supply contraints, refineries, and pipelines? Or it's a global thing that's out of our control.

WestCoastEcho · #**692** Posted **Jun 5, 2019, 11:31 PM**

Quote:

Originally Posted by WarrenC12

This is hilarious:

https://vancouversun.com/news/local-news...ancouver-linked-to-global-economic-gloom

So which is it? Our limited supply contraints, refineries, and pipelines? Or it's a global thing that's out of our control.

Right now the price drop is due to global economic fears, causing the price of a barrel of oil to crash. Since May, the price of a barrel of oil has dropped by over $10 a barrel to $51.48 per barrel as of right now, with almost $5 of that drop happening in the past week. That has a big impact on the price of gas.

WarrenC12 · #**693** Posted **Jun 5, 2019, 11:35 PM**

Quote:

Originally Posted by WestCoastEcho

Right now the price drop is due to global economic fears, causing the price of a barrel of oil to crash. Since May, the price of a barrel of oil has dropped by over $10 a barrel to $51.48 per barrel as of right now, with almost $5 of that drop happening in the past week. That has a big impact on the price of gas.

Does it? Because I remember when oil was $120/barrel and gas was less than today...

whatnext · #**694** Posted **Jun 5, 2019, 11:37 PM**

Quote:

Originally Posted by WestCoastEcho

Right now the price drop is due to global economic fears, causing the price of a barrel of oil to crash. Since May, the price of a barrel of oil has dropped by over $10 a barrel to $51.48 per barrel as of right now, with almost $5 of that drop happening in the past week. That has a big impact on the price of gas.

And yet you have most of Venezuela's and Iran's supply off the market and prices per/bbl are declining. Just goes to show what a game it is.

WestCoastEcho · #**695** Posted **Jun 6, 2019, 4:03 AM**

Quote:

Originally Posted by whatnext

And yet you have most of Venezuela's and Iran's supply off the market and prices per/bbl are declining. Just goes to show what a game it is.

Yet shale oil production is still on an uptick, and the rest of OPEC is compensating for the lost Iranian and Venezuelan supplies.

The changing supply of crude oil has an domestic impact on Canada; for example, the losses in heavy oil production from Venezuela is being compensated for by other heavy crude sources, increasing the demands on the supply chain from other suppliers, such as from Mexico and from Alberta.

SFUVancouver · #**696** Posted **Jun 6, 2019, 3:11 PM**

Vancouver is apparently in the $1.45 range today, Kelowna was at $1.49 yesterday, and I saw $1.35 in Kamloops this morning, so let's just agree that gas prices are only loosely connected to day-to-day shifts in the market prices of oil.

Trainguy · #**697** Posted **Jun 7, 2019, 2:58 AM**

Quote:

Originally Posted by SFUVancouver

Vancouver is apparently in the $1.45 range today, Kelowna was at $1.49 yesterday, and I saw $1.35 in Kamloops this morning, so let's just agree that gas prices are only loosely connected to day-to-day shifts in the market prices of oil.

KG at 96th Petrocan $1.39 this evening. Esso down the road $1.49

Fred Meyer $1.09 Can/L