Quantcast
Gasoline <$1 For How Long? - Beyond.ca - Car Forums
Page 1 of 3 1 2 ... LastLast
Results 1 to 20 of 54

Thread: Gasoline <$1 For How Long?

  1. #1
    Join Date
    Jan 2019
    Location
    Calgmonton/AB
    Posts
    637
    Rep Power
    17

    Default Gasoline <$1 For How Long?

    It's 2020 and gasoline around Calgary is less than a dollar per liter. Way less! I'm seeing about 63 cents today and I think it's about mid 50's in Edmonton. And, it still seems to be dropping!
    How long do you think gasoline will stay under a buck?
    The combo of some dick swinging between OPEC & Russia along with COVID-19 pandemic has sent the price lower than I've seen in... More than 15 years?

    What's your guess for when we see it get above a dollar and why?

  2. #2
    Join Date
    Jan 2008
    Location
    Duplex city
    My Ride
    Phanbus
    Posts
    7,412
    Rep Power
    36

    Default

    Spring 2021. It will take 6 months supply to ramp down from USA production, and then another 6 months to work through to work through the vast amount in storage.
    Make the world a radder place, grow a mullet.
    Public Mobile is the best, just like Phil Collins' mullet.

  3. #3
    Join Date
    Apr 2008
    Location
    calgary
    My Ride
    CLK 55 / 2g Eclipse / EP3
    Posts
    4,215
    Rep Power
    13

    Default

    Yea its nuts, the last time I saw 60c was when I was living in Richmond BC in 1999.

    Electric vehicle sales no doubt are double impacted a) recession and b) stupid low gas prices

  4. #4
    Join Date
    Jul 2010
    Location
    Not the NE
    My Ride
    ‘Berta Special
    Posts
    4,981
    Rep Power
    24

    Default

    Nobody is buying an electric vehicle because it saves them money. So I don’t buy the “low gas prices will put a dent in electric vehicle sales” shtick.
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.

  5. #5
    Join Date
    Jan 2019
    Location
    Calgmonton/AB
    Posts
    637
    Rep Power
    17

    Default

    Quote Originally Posted by ExtraSlow View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Spring 2021. It will take 6 months supply to ramp down from USA production, and then another 6 months to work through to work through the vast amount in storage.
    I think it will be 12 months after the shit show is behind us and I think that's several months away. I'l was thinking maybe 18-24 months until we see 99.9¢/L plus I think it'll need to be summer. Although... If we keep carbon taxing the fuck out of ourselves, it could be much much sooner.
    I'll guess July of 2022.

  6. #6
    Join Date
    Apr 2008
    Location
    calgary
    My Ride
    CLK 55 / 2g Eclipse / EP3
    Posts
    4,215
    Rep Power
    13

    Default

    Quote Originally Posted by killramos View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Nobody is buying an electric vehicle because it saves them money. So I don’t buy the “low gas prices will put a dent in electric vehicle sales” shtick.
    Absolutely some people are - esp in places like Vancouver.

    However the total numbers dont lie - replacing a good used ICE vehicle with a brand new, 100,000$ EV makes little sense in terms of savings - unless you drive ridiculous amounts in the city.

  7. #7
    Join Date
    Feb 2006
    Location
    CEF4
    My Ride
    Ralli Machine
    Posts
    1,957
    Rep Power
    11

    Default

    I remember filling my celica for $20 (around $0.65) or so in 2000/2001. Last big crash I felt that was the closest I'd ever get to that feeling again.
    Cos...

  8. #8
    Join Date
    Jul 2008
    Location
    Edmonton, Alberta
    My Ride
    '16 F150 Lariat, SW20 MR2
    Posts
    1,704
    Rep Power
    8

    Default

    I remember being a kid in the mid to late 90s wondering why 72.9 in victoria was so expensive.

  9. #9
    Join Date
    Jan 2019
    Location
    Calgmonton/AB
    Posts
    637
    Rep Power
    17

    Default

    Quote Originally Posted by ShermanEF9 View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I remember being a kid in the mid to late 90s wondering why 72.9 in victoria was so expensive.
    I just (today) tossed a Victoria gas receipt from almost exactly two years ago. It was $1.76/L !!
    A little unfair as it was Chevron-94, but still.

  10. #10
    Join Date
    Apr 2006
    Location
    Cowtown
    My Ride
    10' 4Runner SR5
    Posts
    6,073
    Rep Power
    21

    Default

    Back in my day...
    Follow me on Instagram and Facebook!

  11. #11
    Join Date
    Jan 2008
    Location
    Duplex city
    My Ride
    Phanbus
    Posts
    7,412
    Rep Power
    36

    Default

    Quote Originally Posted by msommers View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Back in my day...
    +1...........
    Make the world a radder place, grow a mullet.
    Public Mobile is the best, just like Phil Collins' mullet.

  12. #12
    Join Date
    Oct 2006
    Location
    Parked in Baygirl's garage.
    My Ride
    2019 F150 Lariat 3.5L BOOST!
    Posts
    4,250
    Rep Power
    15

    Default

    Quote Originally Posted by msommers View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Back in my day...
    Quote Originally Posted by ExtraSlow View Post
    This quote is hidden because you are ignoring this member. Show Quote
    +1...........
    I remember bitching about filling the dual tanks on my '86 Chevy K10 truck because gas jumped to $0.70/L
    Boosted life tip #329
    Girlfriends cost money
    Turbos cost money
    Both make whining noises
    Make the smart choice.

    Originally posted by Mibz
    Always a fucking awful experience seeing spikers. Extra awful when he laps me.

  13. #13
    Join Date
    Mar 2009
    Location
    Calgary
    My Ride
    Silverado
    Posts
    2,532
    Rep Power
    15

    Default

    SmartSelect_20200329-082811_Fuelio.jpg

    The last two sudden drops had a recovery after 3 months. This seems worse so ill guess mid summer
    Quote Originally Posted by Gestalt View Post
    Im the one with a learning disability....

  14. #14
    Join Date
    Jan 1970
    Location
    YYC
    My Ride
    2 x E Class Benz
    Posts
    21,471
    Rep Power
    34

    Default

    Originally posted by SEANBANERJEE
    I have gone above and beyond what I should rightfully have to do to protect my good name

  15. #15
    Join Date
    Feb 2006
    Location
    CEF4
    My Ride
    Ralli Machine
    Posts
    1,957
    Rep Power
    11

    Default

    Quote Originally Posted by msommers View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Back in my day...
    shut your pie hole sunny
    Cos...

  16. #16
    Join Date
    Apr 2004
    Location
    Edmonton
    My Ride
    2020 Genesis G70
    Posts
    953
    Rep Power
    9

    Default

    Quote Originally Posted by rage2 View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I miss only paying 10 cents extra for premium. Now it is 20+ cents and they don't seem keen to roll that back with prices way down.

  17. #17
    Join Date
    Mar 2003
    Location
    Left Coast
    My Ride
    '18 GMC Sierra, '18 Yamaha MT07
    Posts
    1,340
    Rep Power
    10

    Default

    Quote Originally Posted by ThePenIsMightier View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I just (today) tossed a Victoria gas receipt from almost exactly two years ago. It was $1.76/L !!
    A little unfair as it was Chevron-94, but still.
    It's still posted 104.9 today (over in View Royal and Esquimalt anyway). The Costco is now below $1 though!

  18. #18
    Join Date
    May 2006
    Location
    S.E. (not the drrty south)
    My Ride
    Natural gas, and natural gas accessories
    Posts
    7,294
    Rep Power
    27

    Default

    Quote Originally Posted by blownz View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I miss only paying 10 cents extra for premium. Now it is 20+ cents and they don't seem keen to roll that back with prices way down.
    28c difference at Shell, which is utterly ridiculous.

  19. #19
    Join Date
    Jan 2004
    Location
    Calgary, Alberta
    My Ride
    GLC43
    Posts
    8,379
    Rep Power
    20

    Default

    Quote Originally Posted by Tik-Tok View Post
    This quote is hidden because you are ignoring this member. Show Quote
    28c difference at Shell, which is utterly ridiculous.
    Holy shit. Have not been there in ages, that's crazy, airmiles and all.

  20. #20
    Join Date
    Apr 2004
    Location
    Calgary
    My Ride
    2013 Q5
    Posts
    1,813
    Rep Power
    13

    Default

    What’s the premium differential at other brands? Are any others as high as 28c?

Page 1 of 3 1 2 ... LastLast

Similar Threads

  1. Shelf life of gasoline being tampered with?

    By Tyler883 in forum Society / Law / Current Events / Politics
    Replies: 5
    Latest Threads: 08-18-2005, 08:23 PM
  2. How important is the octane of your gasoline?

    By SteveMo600 in forum Performance Modifications
    Replies: 30
    Latest Threads: 03-15-2005, 06:10 PM
  3. Gasoline shelf life?

    By Bonka in forum General Car/Bike Talk
    Replies: 15
    Latest Threads: 02-02-2005, 01:01 AM
  4. Engines: Diesel vs Gasoline

    By Mikko in forum General Car/Bike Talk
    Replies: 5
    Latest Threads: 10-13-2003, 04:06 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •