I remember when Canada went metric in the 70’s and gas in Calgary was 17 cents per liter.In Southern Ontario the common price today is around $1.55 per liter which works out to $4.09 US per gallon. Definitely higher than the $2.97 per gallon I paid a few weeks ago in Western NY state but nothing like $9
I remember visiting Calgary in 1988 and people there were angry because the price had gone up to 33 cents!I remember when Canada went metric in the 70’s and gas in Calgary was 17 cents per liter.
His previous posts on the topic suggest that $4 is wildly under the going rate.
Y2K for electronic billboards.
1.55 a liter works out to close to $6 for a US gallon. Not $9 but a lot higher than $4In Southern Ontario the common price today is around $1.55 per liter which works out to $4.09 US per gallon. Definitely higher than the $2.97 per gallon I paid a few weeks ago in Western NY state but nothing like $9
$1.55 * 3.78 = $5.859 CDN, which is $4.09 USD today.
But once you convert Canadian dollars to US dollars (for a true comparison) it comes out to just over $4 US
I agree with you and @tburke. It is meant to discourage people from trying to use the station, before it is open. I've seen it before. As high as fuel prices are in California, there would be no purpose to opening up a new gas station, that is priced so high as to discourage all sane customers.
Weekly oil prices peaked in mid 2022 and have been falling ever since. We have increased production here in the US, Iran and Russia continue to ship oil even under sanction, and global demand is less - especially in China. Realize that the price of oil is determined around the margins - so a small supply increase or decrease can change the price drastically. The Saudis are holding back about 2M BPD of supply (about 2% of the entire worlds usage) in an attempt to keep prices up.
Yes but what cant be good I dont think, and is sure going to hurt many Cal citizens is the fact that several oil companies have recently announced they are shutting down some really large, long time operating refineries. So hurts Cal people two ways, jobs lost and sure to raise fuel costs. I wonder if that will not just affect Cal since no new refineries have been built on US soil in near 50 years. Maybe longer. ****NO POLITICS Please**** Not just Cal. Also read story yesterday of a major refirnery in Texas shutting down and laying off 400 workers.
Its there state and their choice. The California contingent will tell you that your wrong and they have lots of refining, etc. But the price speaks for itself.
It is, but many of us visit the US and are aware that our prices here are higher. I always fill up with gas when I cross over the border into Niagara Falls NY (which I do about every 4-6 weeks) and I know I’m saving a substantial amount of money.
I worked for Exxon over 50 years ago. Even back then, the industry was closing down smaller refineries while making the remaining refineries larger. What is important is not the number of refineries. Rather, it is the total refining capacity.
