Gas prices are up SHARPLY

[eblend]

Stupid Lybia...prices up by like 8c overnight.

Why do we allow this OPEC cartel bullshit?

[corsvette]

Just looked on calgarygasprices.com and it was 98.9 @ costco on sarcee. Gas plus stations in the N.E also listed under $1 per litre. Better Fill up quick everyone!

[7thgenvic]

Ya... I'm happy it's the weekend and I don't have to buy gas again for another few days.

[Zero102]

Originally posted by corsvette
Just looked on calgarygasprices.com and it was 98.9 @ costco on sarcee. Gas plus stations in the N.E also listed under $1 per litre. Better Fill up quick everyone!

That is misleading. Those prices were all reported last night. Check the highest prices list, they were all reported this morning confirming what the OP said, overnight.

It is probably too late already, everybody bend over and assume the position

[FraserB]

$1.089/L many places. So a $0.04 jump overnight.

[Dave P]

$1.13 yesterday at 7/11 when i filled up

[cycosis]

Not that I want this to become another oil bitch thread, but i dont get how they justify it, the gas that is in the ground, in the transport trucks and on the freighters was all bought weeks/months ago, so how does something that was bought at a lower price somehow climb way up? Not to mention that Saudi Arabia said they could cover any short fall arising from Libya and the fact that most of the Libyan oil goes to Italy, not North America????

[benyl]

Yeah, there was a huge line up at the beacon hill Costco last night. Put in 107 litres at 98.9.

$10 I saved will pay for lunch today... hahaha

[FraserB]

Originally posted by cycosis
Not that I want this to become another oil bitch thread, but i dont get how they justify it, the gas that is in the ground, in the transport trucks and on the freighters was all bought weeks/months ago, so how does something that was bought at a lower price somehow climb way up? Not to mention that Saudi Arabia said they could cover any short fall arising from Libya and the fact that most of the Libyan oil goes to Italy, not North America????

The way I understand the at the pump price is that if I buy 1000 L to put in my station tanks at $1.00 and then raise my price to $1.10 when I have 500 L left I will be covered when I have to buy 1000 L at $1.10 but have to lower my price back to $1.00 when I have 500L left because the market has cooled off a bit. So it covers the shortfall by making up at the start. Except my station has capacity for 110,000L

[Sugarphreak]

...

[Toma]

So, as OIL PRICES went up 7% (adjusted for the increase in the Canadian $), gas prices went up 27%.

And we blame the mid east?? lol

Lemmings

[1barA4]

Originally posted by Toma
So, as OIL PRICES went up 7% (adjusted for the increase in the Canadian $), gas prices went up 27%.

And we blame the mid east?? lol

Lemmings

And some franchises have a policy where they have x amt of hours to raise their prices to match others otherwise they lose their franchise rights...

and this isn't price fixing HOW?

[schocker]

Originally posted by benyl
Yeah, there was a huge line up at the beacon hill Costco last night. Put in 107 litres at 98.9.

$10 I saved will pay for lunch today... hahaha

Haha, thats where I went. Was still $1.069 for 91 opposed to about $1.249 everywhere else.

[ZenOps]

As a little kid on a swing would yell

"Higher, whee, higher!"

8 cents, pah thats nothing... If something should happen to one of the refineries (like forced shutdown because of civic unrest) Then watchout for gas that you can't buy at any price.

[broken_legs]

[gyu]

Paid $1.18 for 91 today

[Zephyr]

Our highest right now in California is $4.50 a gallon (roughly $1.18 a litre?) for 91 octane

Man they making us take it without lube now

[Twin_Cam_Turbo]

I payed $1.31 for 94 in Golden, BC on Tuesday, cost me $80 to fill up my Subaru lol, wonder how much it is out there now.

[Euro838]

Don't worry, we'll be back on Monday, Saudi is pumping out 700,000 barrels additionally now!

Yay! Saudi to save the world!

http://www.calgaryherald.com/busines...021/story.html

[max_boost]

Originally posted by Euro838
Don't worry, we'll be back on Monday, Saudi is pumping out 700,000 barrels additionally now!

Yay! Saudi to save the world!

http://www.calgaryherald.com/busines...021/story.html

Wait until the Saudi people start their uprising and everyone will be singing a different tune.