Gas Prices - Page 63

s211 · #**1241** Posted **May 17, 2022, 2:49 AM**

Quote:

Originally Posted by logicbomb

In hindsight, we should have never privatized Petro-Canada and sold off our resources for next to nothing. Oh well, historically high lumber costs, historically high gas prices. We reap what we sow.

A little lesson in history might be worth your while. Start with the economy-crashing National Energy Plan, and then maybe you'll rethink what nationalizing the oil industry and forcing under-market prices did for production.

Klazu · #**1242** Posted **May 17, 2022, 5:03 AM**

Quote:

Originally Posted by WarrenC12

Nice to drive an EV. BC Hydro only changes the price once a year. April 1, 2022 was a 1.4% decrease.

Nice! You may have saved back the extra money you paid for your EV over an ICE in the next 10 years!

Also yur local grocery store is still having goods delivered by trucks, so you are also paying for the gas prices through your nose...

Changing City · #**1243** Posted **May 17, 2022, 5:28 AM**

Quote:

Originally Posted by Klazu

Nice! You may have saved back the extra money you paid for your EV over an ICE in the next 10 years!

Also yur local grocery store is still having goods delivered by trucks, so you are also paying for the gas prices through your nose...

Nice trolling, but your math is way off. Apart from maintenance costs for EVs being on average $400 a year less (on identical ICE vs EV models like a Kia Soul, for example), fuel is around $500 a year for the EV (for the average 22,500km Canadian household) and at $2.30 a litre the ICE uses $4,450 a year in fuel. As the EV is on average $10,000 more than the ICE, payback is in a little over 2 years at current gas prices. That's calculating without any rebates.

Obviously for a Tesla 3 there's no directly equivalent - but compared to a BMW series 3 for example the Tesla is slightly cheaper, accelerates faster, and it comes with virtually all the features as standard equipment that BMW charges an arm and a leg for any sort of equivalent.

SpongeG · #**1244** Posted **May 17, 2022, 6:42 AM**

I went Bellingham on sunday but on the way the gas light came on so I put in $20 at 233.9 at a Shell on KGH in Surrey. A few blocks further there was a Chevron also at 233.9, then a block further there was another Chevron and it was 221.9. Quite the difference. On the way home the two Chevrons had changed, the cheaper one was now 225.9 and the more expensive one was 219.9.

I had filled up at 4.89/gallon, i think it was around 1.50/litre when exchanging.

WarrenC12 · #**1245** Posted **May 17, 2022, 3:34 PM**

Quote:

Originally Posted by Klazu

Nice! You may have saved back the extra money you paid for your EV over an ICE in the next 10 years!

Also yur local grocery store is still having goods delivered by trucks, so you are also paying for the gas prices through your nose...

Cool story bro. I can't imagine what your premium gas guzzler costs to get out of your parkade.

My car is also worth about what I bought it for 4 years ago thanks to price increases, used car inflation, and demand for EVs.

WarrenC12 · #**1246** Posted **May 17, 2022, 3:37 PM**

Quote:

Originally Posted by logicbomb

Wish the people who fought over masks and mandates were as passionate about the blatant gouging we are seeing across all spectrums.

That's not what their bubbles are telling them to protest against.

Quote:

Originally Posted by logicbomb

Extra pipelines wouldn't have done shit for us in terms of refined fuel costs, we needed refineries here and many large energy companies preferred offshoring them.

That's not true, there is extra refining capacity in Alberta, and both TM and TMX can transport refined fuel. TM does already.

Whether or not that would result in cheaper prices at the pump is anyone's guess. Probably not. O&G are raking it in right now.

MalcolmTucker · #**1247** Posted **May 17, 2022, 5:34 PM**

Quote:

Originally Posted by Metro-One

During the gas war there was one single day in Maple Ridge when a few gas stations went as low as 29.9 cents a litre. My parents obviously filled up the truck that day.

Even in Calgary at the time the lowest I remember was 39.9!

MalcolmTucker · #**1248** Posted **May 17, 2022, 5:44 PM**

Quote:

Originally Posted by WarrenC12

That's not what their bubbles are telling them to protest against.

That's not true, there is extra refining capacity in Alberta, and both TM and TMX can transport refined fuel. TM does already.

Whether or not that would result in cheaper prices at the pump is anyone's guess. Probably not. O&G are raking it in right now.

The likely outcome would be prices rising in Alberta, as Alberta would then be 'connected' to the west coast market, which is more expensive, than the mid-west market. Prices are set on the margin.

Another outcome might be lowering the local transportation margin in the lower mainland, by having enough supply to 'split' the local market from Washington State for much of the year.

jollyburger · #**1249** Posted **May 17, 2022, 7:54 PM**

Quote:

Originally Posted by MalcolmTucker

The likely outcome would be prices rising in Alberta, as Alberta would then be 'connected' to the west coast market, which is more expensive, than the mid-west market. Prices are set on the margin.

Another outcome might be lowering the local transportation margin in the lower mainland, by having enough supply to 'split' the local market from Washington State for much of the year.

2016

Quote:

Edmonton refineries provide about 50-60% of the petroleum product needs in the Vancouver market. The rest of the Vancouver area is supplied either by the Chevron refinery in Vancouver, or with product imports from the U.S. The West has some unique dual product pipelines. Enbridge Line 1 pipeline from Edmonton, Alberta, to Gretna, Manitoba, ships refined products plus natural gas liquids (NGLs) and synthetic crude. TMPL from Edmonton to Vancouver ships refined products plus all types of crude oil. The crude oil leaves deposits of substances, like sulphur, on the pipeline wall as it passes through the pipeline. These can be picked up by the clean products like gasoline that follow the crude oil through the line. Gasoline shipped via TMPL to Vancouver must undergo further treating prior to sale to remove impurities picked up in transit.

https://www.nrcan.gc.ca/energy/energy-so...leum-products-distribution-networks/5897

SpongeG · #**1250** Posted **May 18, 2022, 12:06 AM**

I overheard two couples talking in a grocery store on Sunday, they were saying a friend or someone they know drives for Uber and is paying $120 every two days for gas.

whatnext · #**1251** Posted **May 18, 2022, 1:39 AM**

Quote:

Originally Posted by SpongeG

I overheard two couples talking in a grocery store on Sunday, they were saying a friend or someone they know drives for Uber and is paying $120 every two days for gas.

I wonder if they’re making any money.

s211 · #**1252** Posted **May 18, 2022, 2:32 AM**

Quote:

Originally Posted by whatnext

I wonder if they’re making any money.

Based on what I've paid for Uber trips, I'd have to think so. $$$

whatnext · #**1253** Posted **May 18, 2022, 5:14 PM**

Quote:

Originally Posted by s211

Based on what I've paid for Uber trips, I'd have to think so. $$$

I saw a guy driving Doordash picking up from Tim Hortons in a new Audi A3. If you have an Audi why would you be driving for Doordash?

WarrenC12 · #**1254** Posted **May 18, 2022, 5:40 PM**

Quote:

Originally Posted by whatnext

I saw a guy driving Doordash picking up from Tim Hortons in a new Audi A3. If you have an Audi why would you be driving for Doordash?

1. Who cares?
2. Ask him.

whatnext · #**1255** Posted **May 18, 2022, 6:00 PM**

Quote:

Originally Posted by WarrenC12

1. Who cares?
2. Ask him.

A little defensive aren't we? Got a side hustle? I have seen quite a few Teslas delivering MickeyD's

WarrenC12 · #**1256** Posted **May 18, 2022, 6:03 PM**

Quote:

Originally Posted by whatnext

A little defensive aren't we? Got a side hustle? I have seen quite a few Teslas delivering MickeyD's

People like to use EVs for these things because of the low cost of operation. Certainly the Uber drivers are making far more profit than their gas equivalents.

No side hustle for me. I would look into Uber just for fun if they didn't have that pesky Class 4 requirement.

whatnext · #**1257** Posted **May 18, 2022, 7:55 PM**

Quote:

Originally Posted by WarrenC12

People like to use EVs for these things because of the low cost of operation. Certainly the Uber drivers are making far more profit than their gas equivalents.

No side hustle for me. I would look into Uber just for fun if they didn't have that pesky Class 4 requirement.

I'd go for food delivery. It doesn't talk back or puke in your car!

Changing City · #**1258** Posted **May 20, 2022, 8:10 PM**

Not directly a gas price post, but close.

A City of Vancouver public hearing last night changed the definitions of gas stations.

Starting in 2025 gas stations that have an EV charge capacity of at least 50 kW will pay an annual licence fee of $243 (subject to annual review) and gas stations without an EV charger will pay $10,000 a year.

Similarly parking businesses with a lot that has 60 or more spaces will pay $163 a year if they have at least 26.6 kW of EV charging, and $10,000 a year if they don't. (Each lot has to have a business licence).

WarrenC12 · #**1259** Posted **May 20, 2022, 8:18 PM**

Quote:

Originally Posted by Changing City

Not directly a gas price post, but close.

A City of Vancouver public hearing last night changed the definitions of gas stations.

Starting in 2025 gas stations that have an EV charge capacity of at least 50 kW will pay an annual licence fee of $243 (subject to annual review) and gas stations without an EV charger will pay $10,000 a year.

Similarly parking businesses with a lot that has 60 or more spaces will pay $163 a year if they have at least 26.6 kW of EV charging, and $10,000 a year if they don't. (Each lot has to have a business licence).

I know Shell and Petro Canada are in the process of adding DCFC to a portion of their Lower Mainland stations. I'm curious what the others will do. Space can be an issue at some stations, but 50kW is one stall, so it should be easy to meet.

whatnext · #**1260** Posted **May 20, 2022, 8:27 PM**

Quote:

Originally Posted by WarrenC12

I know Shell and Petro Canada are in the process of adding DCFC to a portion of their Lower Mainland stations. I'm curious what the others will do. Space can be an issue at some stations, but 50kW is one stall, so it should be easy to meet.

Yeah, that's a dubious idea. For example the Chevron at Burrard and 3rd is what our urban gas stations should be: compact and taking up just one 33x120 city-sized lot. But it will be hard for them to squeeze in a charging station. So do they get forced out of business?

Since the electricity is all ultimately being bought from a crown corporation, why doesn't BC Hydro have to provide public charging points?