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Old 09-22-2005, 01:11 AM   #1
FrankTheTank
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Default Gas Prices

So I was just catching the end of CTV news and they are saying, I believe, there were places in Toronto that are charging over 2.00/L for regular gas.

Our government is really going to have to make some concessions on the gas tax because of our urban sprawl here, there is no way we can sustain such a hit at the pumps.

I guess this means I will be keeping my Vette now cause no one will be looking to purchase a big V8 at a time like this.

(This message's content may not make any sense due to lack of sleep and disbelief of what I may just be paying at the pump tommorow.)

Kevin
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Old 09-22-2005, 02:44 AM   #2
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Our economy is going to take a stout hit between the legs if gas prices go there.....
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Old 09-22-2005, 06:59 AM   #3
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actually they say the cdn dollar will be at 90 cents am. soon.
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Old 09-22-2005, 08:08 AM   #4
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Quote:
Originally Posted by FrankTheTank
So I was just catching the end of CTV news and they are saying, I believe, there were places in Toronto that are charging over 2.00/L for regular gas.

Our government is really going to have to make some concessions on the gas tax because of our urban sprawl here, there is no way we can sustain such a hit at the pumps.

I guess this means I will be keeping my Vette now cause no one will be looking to purchase a big V8 at a time like this.

(This message's content may not make any sense due to lack of sleep and disbelief of what I may just be paying at the pump tommorow.)

Kevin


On Wednesday reg. gas was $1.03 liter in Hamilton.My next mod is converting my Ls6 to Diesel gas.I have an old Cummings I'm going to use from a 93 Dodge pickup...

Last edited by Pureenergy; 09-22-2005 at 08:10 AM.
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Old 09-22-2005, 08:13 AM   #5
-=Iron Mike=-
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The news is reporting that a station in Stratford is charging $2.25/L this morning. Everything I saw on the way into work was sitting right around $1.14.

I thinks it's time I find a job closer to home. This 100 km + round trip everyday is starting to kill me.
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Old 09-22-2005, 08:36 AM   #6
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Quote:
Originally Posted by fast idle
actually they say the cdn dollar will be at 90 cents am. soon.
time to order parts, I just hope that not too many Cdn workers get dumped due to our skyrocketing costs of prod'n.
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Old 09-22-2005, 08:47 AM   #7
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Quote:
Originally Posted by FrankTheTank
So I was just catching the end of CTV news and they are saying, I believe, there were places in Toronto that are charging over 2.00/L for regular gas.

Our government is really going to have to make some concessions on the gas tax because of our urban sprawl here, there is no way we can sustain such a hit at the pumps.

I guess this means I will be keeping my Vette now cause no one will be looking to purchase a big V8 at a time like this.

(This message's content may not make any sense due to lack of sleep and disbelief of what I may just be paying at the pump tommorow.)

Kevin
Un frikking believable. When is the Gov gonna stand up and do something?

It cost me something like $60 bucks to drive up to Burls Creek and back a few weeks ago. And as much as I'd like to take part in Mike Derrys cruise, i'd be spending easily over $120 just in gas, plus food & drink.

I love my Vette, but this gas thing is getting too much
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Old 09-22-2005, 09:28 AM   #8
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FrankTheTank, As for selling your car, my thoughts ( if anyone cars ) is ........don't sell it if you don't have to.
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Old 09-22-2005, 09:34 AM   #9
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In Brampton this morning it was $1.04. I am thinking all the arabs and such that live in brampton may help to keep the price down!

LOL
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Old 09-22-2005, 10:24 AM   #10
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Quote:
Originally Posted by mjager
Un frikking believable. When is the Gov gonna stand up and do something?
Mike, I'm not sure what you think the Gov't could or should do. Gas is a commodity. It costs what the market will bear. When there's less supply (e.g., when a significant portion of North America's refining capacity gets disabled by, say, a hurricane) and steady demand, the price goes up. Pretty simple.

The government didn't cause this and they can't fix it, except possibly by lowering the gas tax, which would result in them getting the money from us another way such as increased income tax or an increase in the GST. And I already pay enough income tax ....
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Old 09-22-2005, 10:38 AM   #11
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, I would rather them keep the gas taxes where they are and put the windfall into our health care. Looks like bb's will take a big $ drop, I remember the first oil crisis in '73 when ppl couldn't give those bb cars away. I do on the other hand feel for those who commute long distances and cannot use public transpotation. These prices won't change my vette driving habits at all as it is only for fun anyway and I can walk that 7 minutes to work.
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Old 09-22-2005, 06:00 PM   #12
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"The Race" to the pumps has begun. I just spent around 30 minutes at the Derry/Bronte Esso station waiting to get gas on my way home today.

The prices haven't really moved, I ended up paying 1.153/L but the place was just packed with people trying to get ahead.

There have been tons of rumors/reports swirling around, So what kind of prices have you seen today ???


Kevin
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Old 09-22-2005, 06:04 PM   #13
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I just saw $2.30 in Acton but it's still $1.04 in Rockwood (huge line-up).
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Old 09-22-2005, 06:12 PM   #14
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I am so sick of this. The prices are to high. For some reason I thought it was illegal to price gouge . But it must be legal now I guess. I remember the Quebec ice storm and generators were in short supply so some of the retailers increased the prices and were then charged for price gouging . How is this different? When I talk to people about it, the one thing I hear from most of the people is " at least we don't live in New Orleans " If I hear that one more f ing time. We don't live there , we live here. Why so complacent . We get screwed up the arse and then say well at least it isn't in the mouth. Something has to be done. Just my rant sorry but I just put $120 gas in my truck.
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Old 09-22-2005, 06:34 PM   #15
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Quote:
Originally Posted by -=Iron Mike=-
I just saw $2.30 in Acton but it's still $1.04 in Rockwood (huge line-up).
I heard about Acton from a neighbour, she just couldn't believe it. I wanted to console her ...
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Old 09-22-2005, 06:54 PM   #16
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I heard on the fan590 fill up b4 midnite, gas prices will double after that if they haven't already. Just saw regular at 1.50 Bathurst and St. Clair.
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Old 09-22-2005, 08:13 PM   #17
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Default Canadian Refining

Canada has the capacity to refine all imported oil to gasoline, only in some small regional markets do they import gas across the boarder from the US... I spoke to a buddy of mine that is an Economist on Bay St. and he says that the gas companies are just taking this bad news and an opportunity to increase profit margins, because most people think that we import our gasoline from the US and therefore Canadian Consumers are expecting prices to go up.

What a rip off.
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Old 09-22-2005, 08:50 PM   #18
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Decided to top up the vette, went to a Shell posted price $1.04.5 after I filled up and was leaving it went DOWN to $1.00! WTF!
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Old 09-22-2005, 09:01 PM   #19
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I just read in the paper today that the big oil companys in Canada and the US are being investigated for collusion. Its seems there have been some internal memos leaked from some companys that spell out exactly how to create artificial shortages(by using excuses like the hurricanes) so they can then maximize profits.


I don't expect the government to do anything about it though, this is the country where the taxpayers get ripped off millions and millions of dollars by our elected government(Adscam),and where an admitted thief like Coffin doesn't even go to jail! For christs sake, Martha Stewart did less and went to jail for it!!
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Old 09-22-2005, 09:07 PM   #20
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All but 1 station here in Grimsby war around $104 and lined up 10 deep, the other station $202 and not a soul in sight

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