Worried about gas prices' Blame the Canadian Dollar

Misc CDN | 207701 hits | Apr 26 12:13 am | Posted by: N_Fiddledog

A weaker currency may help boost exports, but it means domestic prices, like what you pay at the pumps, will rise

Comments

by Jabberwalker
Sat Apr 26, 2014 5:44 pm
That would explain why every gas pump in town simultaneously changed their price in lock-step, regardless of the brand or refinery that they came from.
by DrCaleb
Sat Apr 26, 2014 7:20 pm
"Jabberwalker" said
That would explain why every gas pump in town simultaneously changed their price in lock-step, regardlaess of the brand or refinery that they came from.

Even though refineries in Quebec get their oil from the North Sea? No, it doesn't.
by PluggyRug
Sat Apr 26, 2014 7:59 pm
Blame the speculators.
by andyt
Sat Apr 26, 2014 8:12 pm
The storage tanks in gas stations and depots sure are flexible. If oil prices go up, all the storage tanks are immediately empty and have to be filled with this more expensive gas. When oil prices drop, those same tanks have massive volumes in them so it takes quite a while before they can be filled with the new, less expensive gas. Amazing that.
by PluggyRug
Sat Apr 26, 2014 8:44 pm
"andyt" said
The storage tanks in gas stations and depots sure are flexible. If oil prices go up, all the storage tanks are immediately empty and have to be filled with this more expensive gas. When oil prices drop, those same tanks have massive volumes in them so it takes quite a while before they can be filled with the new, less expensive gas. Amazing that.
by Jabberwalker
Sat Apr 26, 2014 10:41 pm
"DrCaleb" said
That would explain why every gas pump in town simultaneously changed their price in lock-step, regardlaess of the brand or refinery that they came from.

Even though refineries in Quebec get their oil from the North Sea? No, it doesn't.

Exactly.
by PJB
Sun Apr 27, 2014 12:58 am
I wonder if I went on Dragon's Den or did one of those public funding things to build 4 massive refineries in western Canada. We could become the worlds largest fossil fuel producing country and become a super-power...."Ring" off goes the alarm clock...Wake up idiot you live in Canada. A country that is to damn complacent to do a damn thing for itself.
by herbie
Sun Apr 27, 2014 2:38 am
It went up 9c a liter overnight because they CAN. And there's nothing you can do about it but whine.

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