12:00am
wed aug 31 2005
119.6 per L regular
$20 says even after the Storm this is going to be our new Min
haha wow
i heard prices were going to raise because of the hurricane, too bad i only put in like 25$
I just turned 20. I have nothing to contribute on the topic of gas prices however 
i just put $10 in of 94 at sunoco and it was only 111.97 in st.caths
gotta pay to play
" At 7:00 am (2300 GMT) in Singapore, New York’s main contract, light sweet crude for delivery in October was trading at 70.50 dollars per barrel, up 69 cents from its finish of 69.81 dollars in New York on Tuesday. "
this is what kills me. for DELIVERY IN OCTOBER! wtf it’s august, why are we paying up the ass for fuel that’ll be delivered in october
god gas in kitchener was 96 cents this morning…it’s now 119…23 cents in 1 day! fuck that this is total bs. I’m glad i’ve got 1/2 tank and i store my car friday unti may, this is rediculous.
next car i buy will be a BIG ford desil and i’m gonna run it off vegi oil! f the system!
the really funy thing however is that if oil drops down to the 66$ mark like it did last week the fuel prices will take a week to drop to a “decent” level and 98 cents aint decent!
I saw 103.9 for regular at Sunoco on my way home tonight.
WTF does the hurricane have to do with ANYTHING? Some hurricane
in the states doesn’t affect the price for a barrel of oil, so why are the
prices going up?
They raise the price for any sort of disaster/shocking event, and it never
goes back down.
Soon they are gonna start hiking it 10cents everytime theres a full moon.
wow… at work today some guy came in and he was drinking and redbull… but that’s not it, he was so damn hyper and happy and shit. He said that thanks to the oil thing he made like $60,000 in just 3 hours. i guess he bought stock or something, lol so he said that he was going to go to austrailia to chill for a month or something. Just thouhgt i add that in.
to answer your question andrew, the reason why the hurricane made such an impact was becasue of the damage sustained to the oil rigs in the gulf and the fact that they had to disconnect and evacuate for the storm…reducing the ammount of barrels the states could produce…
wtf we produce enough oil to self sustain in canada!
to answer your question andrew, the reason why the hurricane made such an impact was becasue of the damage sustained to the oil rigs in the gulf and the fact that they had to disconnect and evacuate for the storm…reducing the ammount of barrels the states could produce…
wtf we produce enough oil to self sustain in canada![/quote]
just saw 1.21 and down the street it was 104.5 at a Sunco. FUCK YOU ESSO
glad i filled up yesterday @ 1.04 for 93
reg was 97.8 I believe
but i’ve heard on the radio that weird places like ayr still have it around 0.98 cents while others are well over $1.20 for reg in the T.O area
^^^ same filled up yesterday before this 20 cent gas hike, greedy fuks
They hike the price because they are all fags, greedy fags… they just blame the price hike’s on everything else
YOU AIN’T SEEN NOTHING YET!
^ why?
GT
oh great, I’m on empty
I didn’t know about the oil rigs in the gulf, either way, most of the oil in
North America still comes from the middle east because conversion costs
on our own oil are so high.
On CNN they said you would serve 2 years jail time for looting, and 6
months for price gauging. They should put the gas companies in jail for 6
month then, they are clearly taking advantage of the situation.
Here is how gas prices work and why the hurricane effects us.
The two largest oil refineries in the US were SHUT DOWN during the hurricane. They are now only back up to 4% cappacity. These refineries are already running at full output for most of the year and if they were not to the gas supply would become short for North America. The reason also that no new refineries have been built in the last 2 decades is because the cost of a new one is appox 3 billion dollars and regulations and environment standards change so often that companies are affriad by the time they built their new plant things would need to get changed on it already. There is not shortage of oil there is a shortage of refined gasoline. Now as for why oil over there effects us now it sorta dosn’t. Gas is like any other product and the sellers can put it at whatever price they feel they want to. The reason why we will be seeing higher prices for a long time is because in the market investors can buy what are called futures in oil. Investors buy these based on what they think the need for the product will be and if they think there will be a shortage then they will pay a high price and that runs the value of the product up.
Basicly to sum it up expect there to be high prices for a while now while the refineries get themself back to producing at peek levels and even when that happens people need to lay off usage so that the inventories get back up to levels that can allow prices to lower. I expect it will go back down and market anylists also expect that but the story is that it will never be going below about 75c/liter again.
Three rigs were “knocked” off their spot… it costs $400,000 a day to rent a drilling rig, since they aren’t producing any gas right now… I guess we get fucked.
Three rigs were “knocked” off their spot… it costs $400,000 a day to rent a drilling rig, since they aren’t producing any gas right now… I guess we get boinked.[/quote]
Thats fine for now, but now that they are up over a dollar now. This excuse will get draged on. I bet we will not see anything under a 1.10 anytime soon.
Andrew
ever
106.9 in Kitchener right now 