$3 per litre gas

[M.alex]

Thread reserved for when oil prices go back to $100 and we'll be reminiscing about paying only $1.40/litre of gas

[jdmXSI]

:confused: even when we had 100bbl gas was never $3 per litre

[dj_rice]

Originally posted by jdmXSI
:confused: even when we had 100bbl gas was never $3 per litre


http://entretenimiento.starmedia.com/imagenes/2011/12/justin-bieber-never-say-never-.jpg

[M.alex]

Originally posted by jdmXSI
:confused: even when we had 100bbl gas was never $3 per litre

http://i2.kym-cdn.com/photos/images/list/000/561/539/ffd.jpg

[jdmXSI]

I never said never but personally by the time we see $3 per litre here, i think we will already have consumer hydrogen cars available.

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[InRich]

No.

OPs right.

Oils at 43. Gas is at 122.00 right now

So when this oil shits over and it starts going back up to 100 per barrel, why wouldn't gas climb up to 3 dollars?

This will all happen sooner then you think, my prediction, next 3 years.

[killramos]

:whocares:

[spikerS]

Shit, oil lost another dollar and we don't have much room to store any more. Jack the prices another 15 cents a litre

[jdmXSI]

Originally posted by InRich
No.

OPs right.

Oils at 43. Gas is at 122.00 right now

So when this oil shits over and it starts going back up to 100 per barrel, why wouldn't gas climb up to 3 dollars?

This will all happen sooner then you think, my prediction, next 3 years.

I was ready the spike in fuel was related to a partial shut down in a refinery: http://www.cbc.ca/m/news/canada/edmonton/american-refinery-blamed-for-western-canada-gas-hike-1.3190169

OP's post was nothing more than sensationalism at best imo.

[ZenOps]

Half of one refinery shut down in the US.

If there is ever a real accident where one goes kaboom, gasoline prices will never come back down.

By that rationale, gasoline is cheap right now.

[Hallowed_point]

Bring it on. Thank god I sold my V8 cars for my civic. Fuel economy + fun :poosie:

[sabad66]

My theory on why gas prices is high is the integration of the oil & gas industry. Upstream doing shitty means they can keep prices in downstream the same (high margins) to offset the lost profit. When upstream is back to making obscene profits, DS will be back to thin margins.

[Sugarphreak]

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[codetrap]

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[ZenOps]

The world seems to be caught in a deflationary spiral right now. Food staples like wheat at $180 per ton are dropping along with oil.

Farmers are going to be crying this year, no matter how much they harvest.

[lasimmon]

Originally posted by sabad66
My theory on why gas prices is high is the integration of the oil &amp; gas industry. Upstream doing shitty means they can keep prices in downstream the same (high margins) to offset the lost profit. When upstream is back to making obscene profits, DS will be back to thin margins.

Your theory or did you watch CTV news last night? :rofl: :rofl:

[revelations]

Originally posted by spikerS
Shit, oil lost another dollar and we don't have much room to store any more. Jack the prices another 15 cents a litre

So an abundance of RAW product automatically means an abundance of PROCESSED product ? :confused:

[Sugarphreak]

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[sabad66]

Originally posted by lasimmon


Your theory or did you watch CTV news last night? :rofl: :rofl:
Uh... No. I'm Actually a global TV guy lol. Hate ctv

But actually it's mostly the sentiment at work/past few quarterly results. For the past x years my team in DS was not desirable to work for since upstream was sexy. Now we are one of the few groups that haven't had to lay people off yet and people are looking internally for jobs in DS. nice to be holding up the Fort for once!

If DS wasn't propping Canada's numbers up I could see the head office significantly scaling back Canada investment altogether which would hurt us long term