Hurricane Rita and gas prices

[manny78]

If Rita really follows this path, then you might pay your gas, 5$/gallon....

 

[Cutiebaby]

our gas went down here and then shot right back up again...not as high as after katrina but getting close

 

[hamstershaver]

time to fill up again

 

[bluepeter]

Hey Manny, what's really a puzzle is the huge spikes here in Canada.

 

[pintoca]

Hey Manny, what's really a puzzle is the huge spikes here in Canada.

pwned again

Dude, you need to choose better your neighbors

 

[manny78]

I checked this morning and gas price was still the same (around 1.09$/L). 5$/gallon would mean like 1.75$/L. That would have an impact on everyone, including public transportation.

 

[bluepeter]

I checked this morning and gas price was still the same (around 1.09$/L). 5$/gallon would mean like 1.75$/L. That would have an impact on everyone, including public transportation.

$1.35 a litre would be about equivalent to $5 a gallon. $1.09 is about $4.10 a gallon. I was referring to the effect Katrina had on our gas prices and the potential effect Rita could have. Canada is an exporter, why are we being raped for this?

 

[gotmilk]

yAY....MORE Profits for the oil barrons.

I'm in the wrong business

 

[manny78]

$1.35 a litre would be about equivalent to $5 a gallon. $1.09 is about $4.10 a gallon. I was referring to the effect Katrina had on our gas prices and the potential effect Rita could have. Canada is an exporter, why are we being raped for this?

Refineries can't keep up with the demand. Crude oil is not the problem. It's like a domino, one of the major player can't produce it's part, then the others get scared. But yeah, in some way we get assraped.

Oh and here we paid 1.35L when the gallon was at 4$, so just picture the price when it hits 5$...

 

[spongebob]

the big difference between katrina and rita as far as the gas prices is this. i dont believe the refineries shut down prior to the storm hitting.

whereas here, all the refineries shut down yesterday so production stopped. texas has the most refineries in the nation. i suggest filling up and not going anywhere for two weeks.

 

[bluepeter]

the big difference between katrina and rita as far as the gas prices is this. i dont believe the refineries shut down prior to the storm hitting.

whereas here, all the refineries shut down yesterday so production stopped. texas has the most refineries in the nation. i suggest filling up and not going anywhere for two weeks.

What do you think sponge? You're pretty knowledgeable in this area. Canada is an oil exporter and we have all our own stuff in terms of refining and capacity etc. Why the hell are we seeing huge jumps in gas prices when the US gets hit with these hurricanes?

 

[SoKlueles]

that is soooo crappy

 

[eat big]

That's why I filled up yesterday.

 

[gtrcivic]

if rita is as strong and deadly as predicted, it will knock the rest of the oil refineries that are left in the gulf...heck the size of rita is almost 1/2 the size of the gulf of mexico...holy moly....

Costco by me is totally out of gas last night at 6pm....def have to fill up before tomorrow, i'm sure prices will spike sharply again

 

[spongebob]

What do you think sponge? You're pretty knowledgeable in this area. Canada is an oil exporter and we have all our own stuff in terms of refining and capacity etc. Why the hell are we seeing huge jumps in gas prices when the US gets hit with these hurricanes?

because there are many factors affecting the price of gasoline.

right now its fear of shortages. it is sold as a future and these guys buy and sell on fear and speculation.

 

[bluepeter]

because there are many factors affecting the price of gasoline.

right now its fear of shortages. it is sold as a future and these guys buy and sell on fear and speculation.

The only way we in Canada could be affected by shortages is if we are increasing our exports to the US to alleviate your issues. So in other words, we're getting screwed because all our shit is heading south to help out. Sweet.

 

[HiDnGoD]

Gas prices in Woodstock, On. hit $2.25/L this A.M., & they're $2.00/L here in Kitchener. $2.25 is around $7.65 gallon, I think.
We're getting screwed because they can. There is collusion & the governments in on it, because taxes are a percentage here & not a flat rate.

 

[bluepeter]

Gas prices in Woodstock, On. hit $2.25/L this A.M., & they're $2.00/L here in Kitchener. $2.25 is around $7.65 gallon, I think.
We're getting screwed because they can. There is collusion & the governments in on it, because taxes are a percentage here & not a flat rate.

Are you serious? That's total bullshit. $2.25 a litre is $8.50 a gallon.

 

[manny78]

The only way we in Canada could be affected by shortages is if we are increasing our exports to the US to alleviate your issues. So in other words, we're getting screwed because all our shit is heading south to help out. Sweet.

Eastern Canada still gets its oil from Norway I believe because it's less expensive than refining and importing oil from Alberta.

 

[alien amp pharm]

Crap, I don't get paid until tommorrow morning. I will be screwed at the pump more than likely.

 

[bluepeter]

Eastern Canada still gets its oil from Norway I believe because it's less expensive than refining and importing oil from Alberta.

Fair enough but they ain't getting hit by a hurricane

There is no explanation other than oil profiteers fucking us because they can.

 

[WODIN]

The heating season is going to be a true mother fucker.

 

[spongebob]

The only way we in Canada could be affected by shortages is if we are increasing our exports to the US to alleviate your issues. So in other words, we're getting screwed because all our shit is heading south to help out. Sweet.

not saying you WILL have a shortage, most likely only a small area will have shortages if that.

it is the perception of a shortage plus, it is sold as futures, so shortages affect everyones price.

 

[bluepeter]

not saying you WILL have a shortage, most likely only a small area will have shortages if that.

it is the perception of a shortage plus, it is sold as futures, so shortages affect everyones price.

True and the reason that affects us so much is NAFTA. The brilliant twits that signed that agreement guaranteed 60% or our oil and gas to the US regardless if we have enough for ourselves.

 

[columbia58]

I live in southern Mississippi, we had gas lines here yesterday, crazy people, every gas station in town sold out of gas. But still paying 2.49 a gallon for regular.

 

[HiDnGoD]

Are you serious? That's total bullshit. $2.25 a litre is $8.50 a gallon.

Just curious. How do you do your conversion. I calculate 4 litres to the U.S. Gallon & the Canadian Dollar is $0.85 U.S..

 

[bluepeter]

Just curious. How do you do your conversion. I calculate 4 litres to the U.S. Gallon & the Canadian Dollar is $0.85 U.S..

One litre is 3.78 US gallons. You don't do the dollar conversion because you aren't paying for the gas in US dollars. People always convert into US dollars but I make Canadian and pay in Canadian. They're worth the same amount within your own country

 

[manny78]

The madness has started in Montreal and Eastern Ontario: 2.15$/L.....