Ideas to keep Gas Prices Fair

[Ex-Dragoon]

Personally I think the best way to do this is to summarily execute gas and oil speculators. I guarantee the prices would be fair at the pump and for home heating.

Anyone else?

 

[armyvern]

Personally I think the best way to do this is to summarily execute gas and oil speculators. I guarantee the prices would be fair at the pump and for home heating.

Anyone else?

Aren't you evil today?

As a side note - while driving home from Borden, ON to Gagetown, NB yesterday (left Borden @ 1230hrs [ON time]- pulled in the driveway here at 0130hrs [ON time] --- not bad 13 hours / NO speeding tickets!!  8)):

Filled up with gas in Cornwall at 1.27 a litre ...

Drove the whole way through Quebec looking at gas stations advertising prices between 1.48 - to a whopping 1.54 a litre!! I didn't stop to fill-up in Quebec as it's a given their prices are always higher!! But 20 f'n cents & more in some spots?? Gimme a break.

And I hope they don't try to blame it on the timing of my trip and say that prices rose while I was driving ... because after driving through Quebec, I stopped at the first Irving in New Brunswick (at 0025hrs today - NB local) for a potty break and gas ... which was selling for 1.27 a litre.

 

[Ex-Dragoon]

LOL very evil and getting worse

you did really well avoiding Mr traffic cop

 

[Snafu-Bar]

Accountability at the end of a barrel(smith and wesson,colt,or any other nice manufacturer) how befitting.  >

 

[armyvern]

..
you did really well avoiding Mr traffic cop

Eerily enough --- I'm quite flukey at avoiding them.

I'll slow down for "some" silly & trivial reason (such as picking up my book, make-up, or cellphone I dropped onto the floor  > I kid, really I do), then I see one.  It's too funny. It's an unseen power that I have. Must be my great looks and personality.

The estranged, on the other hand, always drove the speed limit 99.9% of the time ... but almost every .1% that he went over it --- he'd get nailed. You think I didn't/don't ride his ass about that?  >

 

[Ex-Dragoon]

LOL and you call me evil

 

[danchapps]

Vern, maybe you didn't get pulled over because you were too fast for them to catch maybe???


As for the price issue, I think they should heavily regulate it. When I was living in North Bay last year is was an absolute joke. The price would rise every Tuesday afternoon like clockwork, by 10 friggin cents! That's right, every week it would do this, it even became the but of radio jokes, "Uh oh, it's Tuesday morning, better fill up before lunch or you're out for another week." Yeah, it would take a week for the price to come back down 8 cents only to jump 10 again. We should cut down on our exports (sorry U.S.) and keep more for us, then they'd have no "hurricane hitting Texas" or "bandits strike an oil rig in the Mid East" to blame.

 

[Nemo888]

What gets me is that it's a natural resource that Canada is self sufficient in. We don't need to import a drop. Why does an Albertan have to pay an arm and a leg for gas? It's their fraking oil, not some American oil companies shareholders.

It's like having some scum bag buy all the riverfront near you and then charge you a dollar a litre for water. If these bloodsuckers could charge you for air they would.

 

[SeaKingTacco]

As for the price issue, I think they should heavily regulate it.

Yes.  That worked so well in Nova Scotia that most of the rural independent gas stations went out of business. And motorists in NS tend to pay about 2-3 cents/litre more than NB (an unregulated market) for the "privilege" of Govt setting the pricing. In PEI, the Oil Companies just refused to deliver fuel to the gas stations to be sold at the Govt "mandated" price during Katrina  (which was below the input cost of crude anyway)- especially when they could put that same gasoline on a tanker, barge or train and sell it in Ontario or New York for more.  When that gas stations in PEI ran out of gas, the Govt quietly and quickly raised the price.

Oil and gasoline are fungible commodities- they will go where they can get the best price. If you are prepared to regulated the price of gas in Canada, you had better be prepared to Nationalize the refineries and the production fields and close the borders to exports, because no one will sell at a loss in Canada- for long.

I have a sure fire way of getting the price to fall.  BUY LESS GASOLINE!  It is called "demand destruction" and it works every time.

When I am "Supreme Ruler and Dictator for Life", economics will be taught in grade 1...

 

[armyvern]

NB is regulated.

This artcle was from yesterday ... I filled up at 0025hrs (NB time) this morning though in NB at 1.27 / litre ... (was Irving just slow??)

Fill up tank on Friday, says consumer advocate
Last Updated: Friday, September 12, 2008 | 2:20 PM AT Comments35Recommend44CBC News
With gas prices spiking across the country on Friday, a consumer advocate is warning New Brunswickers to fill their tanks before midnight.

The price of gas is likely going to go up on Friday night because of Hurricane Ike and the threat it may pose to refineries on the Gulf Coast, said consumer advocate George Murphy.

Motorists in many Canadian cities found that the price had risen as much as 13 cents per litre on Friday morning.

"The Katrina scenario and the Rita scenario, as they played through the last time, lasted about six days in the marketplace, so try to make this tank full of gas stretch for at least the next six days before you have to go and fill up again, and perhaps you can avoid that big financial bite that's coming," Murphy said.

Worried traders in New York pushed spot gasoline prices up on Thursday, likely triggering New Brunswick's rarely used interrupter clause, said CBC News' Robert Jones.

The clause forces New Brunswick Energy and Utilities Board to reset prices when price changes in New York exceed eight cents a litre in a single day.

In New Brunswick's regulated market, unleaded self-serve gas prices dropped about three cents on Thursday to about $1.28 a litre. That cost wouldn't normally change for a week.

The changes on the stock market will likely see prices in New Brunswick rise by about 12 cents, Murphy said.

The Energy and Utilities Board is not permitted to discuss price changes until they have occurred and will not confirm if the interrupter clause has been triggered.

Any price change would apply only to gasoline, not diesel or heating oil.

Consumers have until midnight before the new price takes effect.

 

[SeaKingTacco]

Vern- I apologize.  Is that new? it wasn't when I left NS in 2007.

 

[armyvern]

Vern- I apologize.  Is that new? it wasn't when I left NS in 2007.

They began regulating them in 2006, same year as NS.

That's why I used to wait until I crossed the bridge from PEI to NB to fill up coming home on the weekends - cheaper in NB. And, I'd fill up in Port Elgin, NB, on the way back (GAP knows where that is!!)

 

[SeaKingTacco]

I'm getting my years mixed up.  Time to start worrying about senility...

 

[armyvern]

I'm getting my years mixed up.  Time to start worrying about senility...

Oldsheimers ...

Not always a bad thing; there are a great many things/events/activities/shenanigans I wish I'd forget!!  ;D

 

[Ex-Dragoon]

Unfortunately was not listening to the news so the price spike at midnight came as a surprise...

 

[aesop081]

What gets me is that it's a natural resource that Canada is self sufficient in. We don't need to import a drop. Why does an Albertan have to pay an arm and a leg for gas? It's their fraking oil, not some American oil companies shareholders.

It's like having some scum bag buy all the riverfront near you and then charge you a dollar a litre for water. If these bloodsuckers could charge you for air they would.

You skipped basic economics didnt you ?

 

[Bane]

Dissolve OPEC, denationalize oil production globally (I'm looking at you Russia, Saud), ban motor fuel subsidization globally (I'm looking at you China, Ven., India)  Watch gas prices fall, watch political chaos ensue.  >

 

[SeaKingTacco]

Dissolve OPEC

How do you propose that?

 

[Timmy!]

How do you propose that?

Carpet Bombing?  ;D

 

[NL_engineer]

How do you propose that?

Well to start we refine our own crude in Canada, then when we reach the quantities we need we say FU to the middle east, and sell OUR fuel at our own price.

If you look at the big countries in OPEC, there oil supplies are running down, so it is in there best interests to reduce what is produced.  Otherwise when there oil runs out, so dies there ruling powers money and protection from the US.