Gas in okotoks calgary $1.23

john s

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Its gone up from $1.15 to $1.23 whats going on here i was hoping it would go down lol.
 

Cyle

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Don't you know the oil companies trick? If oil goes up gas has to go up that day or before, even if oil just "might" go up. But if oil drops, that gas is already bought from the higher price so no drop....Funny how it works :rolleyes:
 

what_next

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yet gas is as high or higher than when the barrel was at 140$/barrel.....
 

Cyle

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yet gas is as high or higher than when the barrel was at 140$/barrel.....

Because the amount it increases compared to oil, it never comes back down that much.

But I don't think ANYONE can make sense of gas prices.....
 

Stompin Tom

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you got it cheap, 134.9 out here in the interior of BC.
 

carguy

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When demand outstrips production prices go up.

When we conserve & use less gas, production is slowed to tighten supply all to make prices go up. (We are experiencing this now).

And at present the price discrepancy between oil & gas is (realistically) unfounded and too large.....meaning gas is overpriced considering the price of oil.

And when has anyone seen a price war at the pumps? Last time for me was 1995 in Edmonton near the muni with regular selling for 29 cents per litre when prices were normally in the 50-55 cent range.
 

Throttle*Queen

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I complained the other day when it went up to 1.21 in the city but then talked to a friend who lives in the UK and they r paying 1.38pounds per litre which equals $2.18/L for us!!!! That hurts!!
 

NosRX1

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In Iraq they are paying the equivalent to .23 cents a liter...almost makes me want to move here!:d...and there is snow in the mountains of Kurdistan so I maybe even able to continue sledding!
 

JaySimon

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1.34 here today.

Premium for the sled was 147.9 on saturday.

I need a commuter car, holy hell.
 
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