Re: Where are you from, and what are they gouging you for fuel?
boatingbob said:
Well here in Northern Ontario it's $1.195 / litre 87 Octane
I've noticed that our Northern neighbors and other people that buy by the liter have costs way above even the highest here in the USA.... that is TAXES.... OK, I noticed it 20 years ago
Everyone buys at the same commodity price which is set world wide on the commodity exchanges, then it's mix and match for additives, and shipping to match the local.
For example, California has pollution controls that dictate a mix of additives that drive up the price, and because of that, it makes it a small market... respectively.
Here on the mid left coast we have gas stations that at the slightest bad news anywhere in the world, that COULD affect the supply of crude, refined product, or by-product of the refining process (diesel) jump the price at the pump, within minutes of the news.
For example, when BP announced that they had a problem with their Alaskan pipeline and would have to shut it down, 20 cent bump across the board within a ½ hour of the news. Did the price drop down when BP said it would only shut down half of the pipeline???... price went up another nickel. I was wondering why they jacked the price a nickel again yesterday morning, when I got home and looked at the news. I understood, these skumbags at the gas stations are tuned into world events just to raise the price of the fuel... no relation to the commodity price... heII, its lower than it was 3 months ago... are you 3 months back on your costs?
Below is a link to Commodity prices on anything you can think of, and some you never did. Its updated every 10 minutes throughout the trading day... and you can go back years, with charts...
Study the prices of fuel for the last year, does it relate to what youve seen at the pump?
Sorry for the rant, but somethings just burn me up.
TFC charts