Gas Prices - Page 70

VancouverOfTheFuture · #**1381** Posted **Oct 3, 2022, 6:42 AM**

Quote:

Originally Posted by EMD710

The west coast should have way more refining capacity like Edmonton so we can also pay $1.39/L.

sadly we closed down 3 of the 4 we had. it was a stupid decision.

EMD710 · #**1382** Posted **Oct 3, 2022, 1:41 PM**

Quote:

Originally Posted by VancouverOfTheFuture

sadly we closed down 3 of the 4 we had. it was a stupid decision.

No kidding... it will take a long time for the majority of people to switch to EV's or hybrids. Then they will crank up the electricity rates because so many will be plugging in. Can't win either way.

MalcolmTucker · #**1383** Posted **Oct 3, 2022, 2:02 PM**

Prices were so low for so long the refineries didn’t make any money. Calgary’s 3 similar sized refineries also shut down.

Once TMX is done at least the product coming from Edmonton won’t be subject to apportionment. Should hopefully help.

WarrenC12 · #**1384** Posted **Oct 3, 2022, 3:49 PM**

Quote:

Originally Posted by MalcolmTucker

Prices were so low for so long the refineries didn’t make any money. Calgary’s 3 similar sized refineries also shut down.

Once TMX is done at least the product coming from Edmonton won’t be subject to apportionment. Should hopefully help.

Yeah TMX will help.

The lack of refineries is capitalism in action. No big conspiracy.

Jimbo604 · #**1385** Posted **Oct 3, 2022, 5:07 PM**

Quote:

Originally Posted by jollyburger

Start a fund to raise $10 billion to make a new refinery.

Also try finding a nearby site where people won't be vigorously opposed to a new gas refinery opening in their vicinity.

Jimbo604 · #**1386** Posted **Oct 3, 2022, 5:10 PM**

Quote:

Originally Posted by WarrenC12

For a presumably smart guy, you sure fall for the anti-EV FUD.

He's not properly motivated... As he mentions, he doesn't drive much so the impact of gas prices is low. And maintenance.

WarrenC12 · #**1387** Posted **Oct 3, 2022, 5:23 PM**

Quote:

Originally Posted by Jimbo604

He's not properly motivated... As he mentions, he doesn't drive much so the impact of gas prices is low. And maintenance.

He's rich, he can afford to buy an overpriced vehicle that depreciates quickly. He still falls for the FUD.

whatnext · #**1388** Posted **Oct 3, 2022, 5:36 PM**

Quote:

Originally Posted by EMD710

No kidding... it will take a long time for the majority of people to switch to EV's or hybrids. Then they will crank up the electricity rates because so many will be plugging in. Can't win either way.

That's an interesting point. In BC and Quebec it would mean you're effectively at the mercy of a crown utility.

There's also the issue of climate change. Although I can't see Canada getting into the same energy pickle as Germany, France or China with its reservoir levels.

WarrenC12 · #**1389** Posted **Oct 3, 2022, 6:13 PM**

Quote:

Originally Posted by whatnext

That's an interesting point. In BC and Quebec it would mean you're effectively at the mercy of a crown utility.

I'll take BC Hydro any day over the oil & gas companies. One price change per year, and sometimes it even goes down.

Quote:

The application would see a 1.4 per cent decrease on April 1, 2022, followed by a 2 per cent and a 2.7 per cent increase on April 1, 2023 and 2024 respectively. The rate changes would work out an average of a 1.1 per cent increase over the three-year period.

Tvisforme · #**1390** Posted **Oct 3, 2022, 7:01 PM**

Quote:

Originally Posted by WarrenC12

I'll take BC Hydro any day over the oil & gas companies. One price change per year, and sometimes it even goes down.

Yes, pretty painless and they're quite proactive with programs to get you to reduce use.

whatnext · #**1391** Posted **Oct 3, 2022, 7:36 PM**

Quote:

Originally Posted by WarrenC12

I'll take BC Hydro any day over the oil & gas companies. One price change per year, and sometimes it even goes down.

One word: ICBC

VancouverOfTheFuture · #**1392** Posted **Oct 3, 2022, 7:55 PM**

why are we talking about BC Hydro? they're pretty good, and all electric in BC should come from hydroelectric dams anyways. my next everyday car will be electric because they seem to be to the point where they dont suck anymore. (now they're just overpriced with this pandemic stuff).

but it doesn't change the fact we still need oil + gas. it doesn't change the fact we will KEEP needing oil + gas. it doesn't change the fact other places need oil + gas. it doesn't change the fact that manufacturing all the stuff we use will need oil + gas. it doesn't change the fact we have ridiculously high taxes, ONTOP of other taxes.

we are literally paying taxes ON other taxes here. is that not ridiculous to others?

that's like being charged a bank fee ONTOP of another bank fee. that's absolutely ridiculous.

WarrenC12 · #**1393** Posted **Oct 3, 2022, 8:33 PM**

Quote:

Originally Posted by whatnext

One word: ICBC

My ICBC rates went down significantly after they chased the private insurers out.

They aren't perfect but they are better than most give them credit for.

aberdeen5698 · #**1394** Posted **Oct 3, 2022, 8:45 PM**

Quote:

Originally Posted by EMD710

No kidding... it will take a long time for the majority of people to switch to EV's or hybrids. Then they will crank up the electricity rates because so many will be plugging in.

They could quadruple the residential rates and I'd still be ahead of having to pay for gas.

I just did a trip from Vancouver to Lillooet via Highway 99, returning via Highways 12 and 1. It would have taken over $60 worth of gas in my old Prius C (one of the most efficient gas cars out there). I charged once at the BC Hydro fast chargers in Lillooet for $12.00 (the most expensive way to power your electric car) and I'll spend another $5.00 worth of power topping up at home after returning. If I'd been able to do it all at residential rates (which power 90% of my driving) it would have cost me $9.

And, love them or hate them, BC Hydro is still a crown corporation and therefore subject to the favour of the electorate. Politicians would not last long in the face of large electricity rate increases.

WarrenC12 · #**1395** Posted **Oct 3, 2022, 8:47 PM**

Quote:

Originally Posted by aberdeen5698

They could quadruple the residential rates and I'd still be ahead of having to pay for gas.

And, love them or hate them, BC Hydro is still a crown corporation and therefore subject to the favour of the electorate. Politicians would not last long in the face of large electricity rate increases.

Renewable power like Solar is setting the floor on prices. At some point even in BC it will be cheaper to put panels up, and EVs can charge at their own leisure.

It's just not the same racket as oil and gas.

SpongeG · #**1396** Posted **Oct 12, 2022, 6:53 AM**

gas in Bellingham was ranging from 5.09 to 5.59 last saturday.

Heard on the radio today that gas will drop 35 cents on thursday to 192.9, the refinery in WA state is back to normal now and they have had some imported gas etc which is why the big price drop.

EMD710 · #**1397** Posted **Oct 14, 2022, 12:44 AM**

Quote:

Originally Posted by SpongeG

gas in Bellingham was ranging from 5.09 to 5.59 last saturday.

Heard on the radio today that gas will drop 35 cents on thursday to 192.9, the refinery in WA state is back to normal now and they have had some imported gas etc which is why the big price drop.

Guess what?? didn't happen. Still well over $2 per litre

The lowermainland is getting just gouged on price