Last Friday gas in Barry's Bay was 82.9. Today it is 93.9 What happened? Did I miss something going on in the world's oil market?
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Last Friday gas in Barry's Bay was 82.9. Today it is 93.9 What happened? Did I miss something going on in the world's oil market?
Big bounce in LSC the last couple of trading days. It was trading down at $44+ last week and hit over $53 today. Some analysts are still saying we may not be at the bottom and this was just a short squeeze playing out. Is it a bear market rally? Who knows?
But good to see the gas stations paying attention to crude prices though. :whacked:
This just makes me furious , 2 days ago gas was .79 today , .96 .
That's .17 a liter = 65 cents a gallon in 2 days
In the usa there would be an outcry , here we just take it on the chin.
Oh yes the price in the usa went up also by 1.5 cents a gallon.
Tell me we are not getting ripped off.
Sorry for the rant.
sorry guys my fault... the fuel light is on in my truck, was gonna top up yesterday, but didnt, so as ussual the price needs to jump up today, so i can toss a 100 L in at the higher price...
On the bright side .... I filled up on diesel today for1.01 per L .. lowest I have seen it in many years.
Someone farted in Iraq.....that's why.....(in other words any excuse is a good one to steal from you)Quote:
Originally Posted by GoldenLakePete
Maybe Wynne slipped in her carbon tax and forgot to mention it?
Gas is always cheaper in the afternoon here than it is in the morning. Lately it's been around a ten cent difference.
Oil drops $30/barrel and the price slowly goes down $0.30/L, oil goes up $1/barrel and gas instantly jumps $0.10/L.
The next time an oil executive says gas prices are based on oil costs someone needs to slap them.
The next time oil is at $80/barrel we will see gas at $2.00/L.
If oil is starting to rise I expect Wynne to rush through her carbon tax to try and sneak in the increase while it's relatively low. Although it looks like we are about a week away from crossing the $1.00 mark now.
If anyone thought that low gas prices was here to stay,they're in serious need of psychological help. This was merely a tiny blip on the radar.
On the real bright side - I got some gas yesterday - paid 60 cents per liter - $2.29 per gallon - I noticed that the diesel was $2.99 per gallon - .79 cents per liter - can never figure out why diesel is so much more expensive - it needs a lot less refining -
More expensive in the winter Joe as its the same as heating oil. gouging for sure.
my one and only contribution.
Just one more thing to be concerned about. Its great if it works out, goes in our favor and prices remain low. If Oil supplies, or something else cause's it to spike this spring/summer..........
We could be in a world of trouble if various things happen/combine.
Rising hydro
Rising food cost
Rising taxation
Rising gas?
Rising rates?
Real Estate bubbles, retirement savings and more.
apparently its a dead horse and some don't like what economist are saying, whose taking the brunt and the reasons for them.
There are some "ifs", intangibles and the winds can change at anytime.Quote:
Governments typically borrow money as a means to finance long-lived assets such as roads, schools or hospitals," Wen, a professor of economics at the University of Calgary, said in a statement. "In Ontario's case, the province has gone deeper into debt to pay for day-to- day expenses such as the salaries and pensions of government employees and is passing the bill onto future generations."
Wen's analysis of the province's fiscal situation found that net debt has grown from 28% of the economy to an expected 40% this year.
Economist Don Drummond, who was awarded the Order of Ontario Wednesday, predicted that the province's debt-to- GDP ratio could reach 51% by 2017-18. Wen said one study suggests that spending cuts, rather than tax increases, are most effective at lowering operating deficits and debt-to-GDP ratios.
It remains unclear if the provincial government would have the political will to correct its course, especially if the economy falters (see consumers getting hit with rising cost) or interest rates head north, the report says.
Lets pray, not for the worse.
There is only so much diesel in a barrel of crude. Supply and demand controls prices along with Gov. regs that require diesel to be low sulfur. To make it low sulfur you need hydrogen, to make hydrogen you need natural gas.Quote:
Originally Posted by JoePa
SO........Demand is up especially in winter(road diesel competes directly with heating oil and the GOV. requires heating oil be available OVER road diesel) PLUS the Government restricts Refinery intake of Nat Gas(used to make the hydrogen to make the low sulf required road diesel) and Nat Gas is required by Gov. to be available for heating during winter OVER/ABOVE Refinery needs for Nat Gas.
Similar situation as having the local bail bondsman owning and operating the local beer joint. He gets income from people on both ends of his business and regardless of the situation.
A barrel took a good smack today and on the radio they're calling for gas to hit a buck.
Unreal.
Amen! Or how about a kick in the nutz?!Quote:
Originally Posted by Fox
Oil just dropped 10%, guess what, gas went up again this morning.
Unfortunately as long as the government continues to get the kick-back in taxes we will never see them jump in to defend the consumer. The higher the price the more they make.Quote:
Originally Posted by JUDGE
My hope is that the dollar rebounds as I would like to save up for a much needed trip down south next April.
Just my 2-cents.
As oil rises so will the dollar. The next US president may sign off on the Keystone pipeline that could eventually impact the price and dollar. Im more concerned about the coming carbon taxes than the price of gasoline itself. The new taxes will trigger an almost automatic inflation bump as everything has a carbon footprint. Carbon producers will have no choice but to pass it on to consumers. That will affect more people negatively, especially lower income ones.
Quote:
Originally Posted by terrym
Not yet, soon though, ... there go more jobs out of province! BNN is predicting a 3 Cent per liter tax but it hasn't been explained yet.
http://news.nationalpost.com/news/ca...-for-emissions
Cap and trade..... a way for the gov't to take over $2,000,000,000 out of Canadian taxpayer and business pockets. Creating a market for carbon emissions... IDIOTS.
The insulting thing is that those incompetent liars have no intention of using the taxes raised on any "green" energy initiatives. It is only new money to redistribute among the unions who financed her election. Robin hood in reverse, steal from the poor and give to the rich. Paying carbon taxes won't reduce the amount of carbon emitted only cause inflation. Take enough money from people's pockets and all she will do is shrink the economy except for those on her payroll which are completely insulated from the economic realities. It's quite telling that the other jurisdictions she is partnering up with like Quebec and California are economic basket cases which are basically bankrupt and live off Federal subsidies.
BINGO!!!!Quote:
Originally Posted by terrym
The tax increases, (Ontario Pension, high wage earners, others and now cap and trade....), electricity rates (just got over $75 bill for cottage... ZERO usage), jobs leaving, windmills, sex ed. forced through, Benjamin Levin almost ignored by the media (CBC still "helping" (Wynnes' words)???) etc.... ... on the spending we see teachers get extra, OPP get huge raise.... Nurses must not have been vocal enough.
Hundreds of Ontario nursing positions are on the chopping block, officials say
Many more will be in jeopardy until about mid-June, according to health officials
http://www.thespec.com/news-story/55...officials-say/
This province is a mess heading down the drain to a deep dark septic tank!
Nurses are just too good. Not militant enough. They are the "LAST" people that should be on the chopping block in this government. There are probably 2 sunshine list paper pushers for every front line hard working nurse. Far as I'm concerned every nurse should be ON the sunshine list.
This government will cut nurses to pay for pay increases to teachers ???? Unreal. Self serving ya think?
No kidding. I'll bet the definition of what qualifies as a 'green project' will align with where the Liberals were going to have to spend money anyways - like transit. And I'll bet (again) that the government will be handing out exemptions (as they are permitted) to lots of companies. Especially Liberal friendly ones.Quote:
Originally Posted by terrym
If they were really serious about saving the planet, EVERYONE would get taxed to some degree, no escape. This should tell you what the real goal is.
This not about saving the planet. If it was there are tons of areas they could be investing in to clean up. This is about fooling The imbeciles into swallowing even more taxes. She needs $ billions for the upcoming contracts. What percentage of the price of gasoline is a tax right now? What percentage is directed to transportation infrastructure and the environment? Ontario doesn't have a revenue problem, it's the other side of the P/L statement that is out of control.
And I'd like them to explain how motor oil, grease, tranny fluid, etc. stay pretty much constant or at least at the inflation rate. Are they not made from the same barrel as gasoline and diesel, albeit in smaller quantities?Quote:
Originally Posted by Fox
Cant say I haven't been sounding the alarm bells for 8 years. Yep brace yourselves, this lat4est tax...just more of the beginning.
/shrug
I am almost beyond caring now and have next to no sympathy.
With respect to their gutting of healthcare....
that to was obvious years ago.
Hydro?
I live in a 1,500 sq foot bungalow and while I had my daughter living with me and using an electric heater some over the winter (basement "in law suite") my bills jumped from
$350ish every two months (Aug/Sept and Oct/Nov)
$600+ every two months (Dec/Jan and Feb/Mar)
I'd mention some things about labels I've called and more....and other things about..
Apathy (and that includes not caring enough to see the writing and truth on the wall 6-7 years ago)
It is the devil, and people chose the devil, over the "devil" they don't know.
Based on what you just posted Jben, I would say her strategy is working as planned. In her first year of a majority mandate she will front load new and higher taxes. There is so many taxes and so many scandals that people get "de-sensitized" to it and it becomes the new normal. In her last year she will project a ridiculously high deficit and come in lower ( still a deficit though) and the imbeciles will chug the koolaid. The unions will have big fat contracts and the campaign money will flow as always. Without campaign funding law changes we will never get rid of her. Not unlike trying to flik a snot off your finger.
My "battle" if you will, has been pull back the curtains, clear some of the smoke and if nothing else get "people" more politically aware. The Apathy (both kinds) in Ontario is...
"no-ones fault but ours"
It's on us to hold them accountable and no-one but us.
I'll still talk "politics" with family/friends etc and that includes a lot of PS people who started seeing things some years ago, or if not then by 2014. I don't have much sympathy for the GTA (some others) and what ever comes. Who knows, might hazard a guess that with less pocket money, a lot less (see just the new crap in 1 year) debt up to the eyeballs, and eventually rising interest rates and a potential real estate market correction....It could get really ugly in the GTA.
Add Boomers and the strains they will be adding and.......
It's ironic to see this making the rounds today (news and social media) as well
https://www.oma.org/Pages/default.aspx
But hey whatever, Im just a hater of teachers, PS, and more I've been labeled here.
So many adages I might add
You reap what you sow
The govt you deserve
and more