Gas Prices

[Changing City]

Originally Posted by whatnext

LOL, “just” 37.8%

You're right, we need to increase the percentage to reach the OECD average of 53.2%. Of course, we could hope to reach the 54.5% of your favoured comparison, Switzerland.

[Jimbo604]

Cheaper gas = more head room = gov sees opportunity to raise gas taxes without too much complaining.

[WarrenC12]

Originally Posted by Tvisforme

Didn't ignore, certainly didn't "brag" - but you already knew that. The point stands, Poilievre makes a big fuss about the carbon tax having a supposedly devastating impact on consumers but goes dark when the price cycles by twenty times as much (+20 to -40 cents).

Exactly. So many people who complained about that when gas was $2 are playing dumb now.

[BaddieB]

Originally Posted by whatnext

LOL, “just” 37.8%

Did you know that roads cost money?

[whatnext]

Originally Posted by Changing City

You're right, we need to increase the percentage to reach the OECD average of 53.2%. Of course, we could hope to reach the 54.5% of your favoured comparison, Switzerland.

LOL, so many "progressives" rushing out to defend taxes. Next you'll e defending a government that increased the provincial debt 86% in the six short years they've been in power.

[GenWhy?]

Originally Posted by whatnext

LOL, so many "progressives" rushing out to defend taxes. Next you'll e defending a government that increased the provincial debt 86% in the six short years they've been in power.

"Most of that forecast debt increase results from building things, including $3.5 billion for health facilities, $2.2 billion for K-12 schools and $11 billion for transit and highways. Sounds like a campaign ad to me."

[Changing City]

Originally Posted by whatnext

LOL, so many "progressives" rushing out to defend taxes. Next you'll e defending a government that increased the provincial debt 86% in the six short years they've been in power.

The provincial tax debate isn't appropriate here, but nice attempt to hijack the thread. I like paying taxes that provide me with services that we all benefit from. I also appreciate taxes specifically targeted at regressive "thinkers" who view driving round Stanley Park in a gas powered car as reasonable behaviour in the 21st century. At least in an EV they would just be creating traffic congestion. In an ICE vehicle they're creating air pollution and unwanted CO2 as well. Higher taxes on fuel might help reduce emissions a little.

[jollyburger]

Luckily there's no carbon tax

He says the problem stems from two major issues on the U.S. West Coast.

“Number one: a refinery shutdown. That is now starting — a permanent shutdown of a refinery in Southern California. And also scheduled maintenance that’s also occurring at other refineries in California,” said De Haan.

He explains that California has only 11 gasoline-producing refineries, and the count will drop to 10 by the end of the year.

“And it will also drop next year with another permanent shutdown of the refinery in Northern California. So the long term is not looking good.”

Prices have begun to increase across the Pacific Northwest. He says California refineries may face more shutdowns as they look to sell their operations amid an increasingly restrictive political climate in the state.

With shutdowns, De Haan says prices will remain “volatile” as B.C. will have to rely more heavily on supply from Japan and South Korea.

https://vancouver.citynews.ca/2025/09/09/metro-vancouver-gas-prices-to-rise-sharply/

[Zepfancouver]

Originally Posted by jollyburger

Luckily there's no carbon tax

https://vancouver.citynews.ca/2025/09/09/metro-vancouver-gas-prices-to-rise-sharply/

Exactly , that was the governments way of getting itself out of the blame/excuse game and I do mean game, they (petroleum companies) are playing us.
What happen to, you win some you lose some and at the end of the year it all events out.
I guess in todays world (company stocks, shareholders, pension and mutual funds) they can nitpick for their own advantage.

[madog222]

With shutdowns, De Haan says prices will remain “volatile” as B.C. will have to rely more heavily on supply from Japan and South Korea.

https://vancouver.citynews.ca/2025/09/09/metro-vancouver-gas-prices-to-rise-sharply/



Since when have we ever imported refined product from Japan or South Korea??? That must be a misquote.

[whatnext]

With all the talk of national security it’s ridiculous we rely on California for so much refined product.

[jollyburger]

Originally Posted by madog222

https://vancouver.citynews.ca/2025/09/09/metro-vancouver-gas-prices-to-rise-sharply/

Since when have we ever imported refined product from Japan or South Korea??? That must be a misquote.

Seems like there were significant imports prior to 2020 but then it looks like it stopped. Japan has a miniscule amount of exports to BC as well.

https://www.cer-rec.gc.ca/en/data-analys...rts-decreased-by-10-percent-in-2023.html

Seems like SK has been sending aviation fuel though the imports aren't steady throughout the year. $38 million in June another $19 million in July 2025

https://www150.statcan.gc.ca/n1/pub/71-607-x/2021004/imp-eng.htm

[WarrenC12]

Originally Posted by whatnext

With all the talk of national security it’s ridiculous we rely on California for so much refined product.

I doubt we do directly it just drives up demand from refineries we do rely on, like in WA.

[chowhou]

Originally Posted by whatnext

With all the talk of national security it’s ridiculous we rely on California for so much refined product.

Only countries like North Korea attempt to produce all of their needs domestically. It rarely goes well.

[whatnext]

Originally Posted by chowhou

Only countries like North Korea attempt to produce all of their needs domestically. It rarely goes well.

I don't think we're quite at North Korea level yet. It is absurd that the world's fourth largest oil producer can't supply itself with refined product. As we've seen this year, we can't count on the USA (or any of it states) any longer.

[MalcolmTucker]

Originally Posted by whatnext

I don't think we're quite at North Korea level yet. It is absurd that the world's fourth largest oil producer can't supply itself with refined product. As we've seen this year, we can't count on the USA (or any of it states) any longer.

Canada can. The system will allocate the cheapest source though. This is a good thing!

[whatnext]

Originally Posted by MalcolmTucker

Canada can. The system will allocate the cheapest source though. This is a good thing!

Stability of supply might be better in these times. We shouldn't be seeing 17 cent/litre increases when the province next door is producing record amounts of oil.

[jollyburger]

Originally Posted by madog222

https://vancouver.citynews.ca/2025/09/09/metro-vancouver-gas-prices-to-rise-sharply/

Since when have we ever imported refined product from Japan or South Korea??? That must be a misquote.

Clarification on that quote with a bit more detail.

“We’ll see supply come in more reliably from areas like Japan and South Korea. Unfortunately, with these refineries’ shutdowns much of the West Coast is going to become more reliant on other countries to make ends meet. Without that supply, prices will remain volatile. In fact, with these refineries permanently shutting down, it’s going to put more pressure on a continued supply of gasoline from as far away as southeast Asia, so more pricing volatility will be coming in the months and years ahead.”

https://vancouver.citynews.ca/2025/09/10/gas-prices-jump-a-dime-overnight-around-metro-vancouver/

[logicbomb]

Originally Posted by whatnext

Stability of supply might be better in these times. We shouldn't be seeing 17 cent/litre increases when the province next door is producing record amounts of oil.

I had conservative pundits assuring me that the removal of the "unnecessary carbon tax" would allow for big oil to ensure stability when it came to prices. Oh, also heard we would see a dramatic reduction in inflationary commodity (for goods and services).

Of course we will chalk up the increases to global instability, the next hurricane, droughts, rat infestations, the season flu etc...

Trickledown economics NEVER work when corporations have moved away from corporate-social responsibility and are more than ever prioritizing their fiduciary duty to shareholders. At least we aren't giving rebates to consumers anymore.

[whatnext]

Originally Posted by logicbomb

I had conservative pundits assuring me that the removal of the "unnecessary carbon tax" would allow for big oil to ensure stability when it came to prices. Oh, also heard we would see a dramatic reduction in inflationary commodity (for goods and services)....

It did lower inflation.

Inflation rate drops to 1.7% in April, driven by lower energy prices after carbon tax removal
Still, Bank of Canada's preferred core measures — which exclude volatility — all rose

Inflation rate drops to 1.7% in April, driven by lower energy prices after carbon tax removal
Still, Bank of Canada's preferred core measures — which exclude volatility — all rose....

https://ici.radio-canada.ca/rci/en/news/2166156/inflation-consumer-price-index-april