Anyone else upset about this? I live in Canada and when you convert our price($1.20/liter) to an Imperial gallon (American$$) it totals to $4.56 a gallon. Americans I think are paying $3.38/gallon which is still too much. Way too much. No?
Posted by Hal (Member # 3484) on :
There`s actually a six page long thread about it here:
That thread started in the fall of '05 too. I haven't looked at the first page of it since then and I noticed lots of members on it that have left the forum.
Well, the price of oil is of course affected by the current state of affairs in the middle east. War, saber rattling, etc tend to hike the prices of barrels of oil thus increasing the price at the pump. I don't think gasoline will ever drop down below $3 a gallon again now that it has pushed over that hurdle.
Posted by sofatater (Member # 4209) on :
The oil companies are predictable about it too. We just hit $3.70 per gallon. Just in time for the memorial day weekend (the beginning of the busy summer driving season). We'll see it fall by a couple off cents soon, but then it'll go back up and stay there. I saw on the news last night that some clown that owns a gas station by the Orlando Intl' Airport is charging $5.19 per gallon. He doesn't show it on his sign, but he does have it on his pumps. So, he claims he's not breaking any gouging laws, just taking advantage of his location. (right next to several Rent-A-Car services) Freakin' greedy bastard!
Posted by Captain Morgan (Member # 29917) on :
Just filled up for our long weekend here in Canada.$1.41/liter(up .20cents in less than a month),which converted is $5.36/gallon. And 39% of that is provicial and federal taxes! No,no gouging going on is there. How do you rationalize that?
Posted by leo1000 (Member # 21194) on :
The price here in new glasgow nova scotia canada at the moment is $1.31.6 a litre
Posted by F18Hornet (Member # 11172) on :
$5 a gallon and you're complaining? Try living in the UK. My local forecourt just put their prices up to £1.20 (US$2.30) a litre, 70% of which is tax. That makes it £5.40 ($10.35) a gallon. As Monty Python put it in Life of Brian, "They've bled us dry, the bastards!"
Posted by bluetoelover (Member # 14736) on :
Apparently what is pushing the prices up more drastically then really should be is the "speculators". The people that are hired by the oil companies to talk to the press about current demand and mideast pressure and anything else they can think up that justifies a increase in price. Bastards they are...hey Leo..as a side note I'm a stone's throw away in PEI...just moved back her from Halifax!
Posted by Tweener (Member # 1630) on :
Unfortunately it's not going to change because the oil companies have a monopoly on the energy industry and they'll fight like hell to keep it. The United States government should've started addressing this problem way back in the '60s when demand exceeded domestic supply. Now demand is starting to take off in China and India. The only way oil will go back to being between $1-$2 per gallon is by the emergence of alternative fuels. By the time they get alternative fuel vehicles mass-produced for the market, however, the industrialized countries on this planet may be so deep in recession that they will take years to recover, if they can recover at all. Bluetoelover is right, though; alot of this is from speculators outbidding each other and running the price up.