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.So why are gas prices still not dropping?

 
AntonyMaussen

User ID: 78524500
United Kingdom
03/18/2020 04:39 PM

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Re: .So why are gas prices still not dropping?
Prices dropped in the UK slightly, was £1.30 litre a few days ago, today I've seen it £1.20 litre.
QCluminati

User ID: 78083688
Canada
03/18/2020 04:39 PM

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Re: .So why are gas prices still not dropping?
there is some gas for $0.69 (CAD) cents per liter here in Ottawa.

I haven't seen it this low in over 15 years
Anonymous Coward
User ID: 69099531
Canada
03/18/2020 04:43 PM
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Re: .So why are gas prices still not dropping?
the gas here was about $1.09 a litre around march 1st

now the gas is .83 cents a litre

thats almost a 25% drop in the past couple weeks
 Quoting: Anonymous Coward 76649939


^^
however none of this explains why in the mid-90's when a barrel of oil was selling for about $200 a barrel we were paying about .42 cents a litre

and now in the past 10 years or so the barrels of oil are $50 or less & we have been paying over a $1.00 a litre

so it never made any sense.

its just robbery by the oil tycoons.
 Quoting: Anonymous Coward 76649939


I don't know where your getting your facts but from 91 to 2000 oil never made it above 60 dollars a barrel. That would explain your .42 cents a litre.
 Quoting: Sceptictcal theroist.


yes, you are right.
I was thinking around 2008 when it was over $200 a barrel

but the cost of a barrel was still way higher when we were paying .42 cents a litre
then it is when the cost of a barrel was very low like around $33 a barrel

so it still never made any sense.

unless you are the crook who is doing the thieving. then it would make sense to you.
 Quoting: Anonymous Coward 76649939


Because the gas you're buying came from oil that had a much higher cost.
Anonymous Coward
User ID: 78647598
Canada
03/18/2020 04:51 PM
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Re: .So why are gas prices still not dropping?
45% of all american gas (oil) comes from Canada

and by judging the American prices posted in this thread,, anywhere from $1.80 a gallon to $2.90 a gallon,,
it sounds like Americans are getting Canadian gas cheaper then what Canadians pay for the Canadian gas.

even at the lowest price in Canada in the past 15 years - about .80 cents a liter,,
that still comes to $3.00 a gallon

so if 45% of American gas comes from Canada that clearly proves that Americans get Canadian gas cheaper then what Canadians get Canadian gas for.

Alberta must love America & hate Canada if they sell gas cheaper to Americans then what they sell it to Canadians for. rofl

flag waver
Anonymous Coward
User ID: 66721050
United States
03/18/2020 05:00 PM
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Re: .So why are gas prices still not dropping?
The same reason metals dealers havnt lowered prices to spot, GREED!
 Quoting: Anonymous Coward 77851327


Exactly what I'm thinking.

Good fucking luck getting physical at 12 bucks.
Anonymous Coward
User ID: 78362845
United States
03/18/2020 05:02 PM
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Re: .So why are gas prices still not dropping?
next time there is a scare or rumors of shortage, notice
how the price jumps in a matter or a few hours.

they price gouge it every chance that they get.
Anonymous Coward
User ID: 77799235
United States
03/18/2020 05:08 PM
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Re: .So why are gas prices still not dropping?
It's going for the strategic oil reserves for world war three!
Anonymous Coward
User ID: 77799235
United States
03/18/2020 05:09 PM
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Re: .So why are gas prices still not dropping?
It's going for the strategic oil reserves for world war three!
 Quoting: Anonymous Coward 77799235


You'll be too busy starving at home if they don't draft you first!
Anonymous Coward
User ID: 78378283
United States
03/18/2020 05:12 PM
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Re: .So why are gas prices still not dropping?
1.60$ in NW Ohio!

I SAY "LOWER!"
 Quoting: Anonymous Coward 78014481


I paid 2.89 in Oregon today
Anonymous Coward
User ID: 77994583
United States
03/18/2020 05:13 PM
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Re: .So why are gas prices still not dropping?
Because greedy people want your money.
deplorable scottfree

User ID: 78598345
United States
03/18/2020 05:14 PM

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Re: .So why are gas prices still not dropping?
Why the hell are gas prices still so high as oil prices collapse?
 Quoting: Anonymous Coward 43666668


1.69$ in Albuquerque yesterday.
J 17:15: "I pray not that Thou shouldst take them out of the world, but that Thou shouldst keep them from the evil. vs20: Neither pray I for these alone, but for them also which shall believe on me through their word."

"And if ye be Christ's, then are ye Abraham's seed, and heirs according to the promise." Galatians chap 3, verse 29

"The first time I saw Billy, he came walking out of a cloud." McMurtry

Bring Back The DRAFT!!
Overgoverned

User ID: 52594113
United States
03/18/2020 05:14 PM

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Re: .So why are gas prices still not dropping?
so if 45% of American gas comes from Canada that clearly proves that Americans get Canadian gas cheaper then what Canadians get Canadian gas for.

Alberta must love America & hate Canada if they sell gas cheaper to Americans then what they sell it to Canadians for. rofl

flag waver
 Quoting: Anonymous Coward 78647598


Clearly.

How much does a pack of cigarettes cost you? They're around $6 here. Cigarettes aren't especially heavy or bulky, so the trucking from Virginia to Canada would be a negligible expense.

Maybe there's a shit ton of taxes on your petrol? Even more than ours?
Anonymous Coward
User ID: 77851327
United States
03/18/2020 05:18 PM
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Re: .So why are gas prices still not dropping?
so if 45% of American gas comes from Canada that clearly proves that Americans get Canadian gas cheaper then what Canadians get Canadian gas for.

Alberta must love America & hate Canada if they sell gas cheaper to Americans then what they sell it to Canadians for. rofl

flag waver
 Quoting: Anonymous Coward 78647598


Clearly.

How much does a pack of cigarettes cost you? They're around $6 here. Cigarettes aren't especially heavy or bulky, so the trucking from Virginia to Canada would be a negligible expense.

Maybe there's a shit ton of taxes on your petrol? Even more than ours?
 Quoting: Overgoverned


Kanada is a communist shithole
Anonymous Coward
User ID: 77799235
United States
03/18/2020 05:26 PM
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Re: .So why are gas prices still not dropping?
I want to go to Mars!





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