Just read the small type in the PetroPoints email Gotta make 3 purchases of at least 25L in a month to get the bonus.
So I’m not gonna fill up anymore, but 25L is still over $50 worth.
When I was in HIgh School we couldn’t afford to carpool to UBC in my buddy’s Roadrunner when gas was 39c per gallon. Now it’s over $10.70 a gallon down there and people are bidding fortunes on TV for those crap pony cars.
$2.80/L in Aberdeen, UK today. Was ~$3.77/L in Stavanger, NO last week. (CAD equiv.)
Cheapest diesel in Kamloops today is $209.9 so I guess $283 dollars to top up from the 1/4 tank the Ford app says it has - or $378 for a full tank.
A cheap $15K “beater” Model 3 is still only $10-12 bucks to fill up at home though
Or, move to Saudi where gasoline is still well under $1/L with refineries on fire.
Just watch when all this is over. Prices will go back down, not overnight, over a year - and to at least a dime more than what they were.
And we’ll all smile and be happy like boiling frogs….
I was looking at historical pricing a few days ago in Canada to compare to today. There really isn’t much of a different if you factor in just inflation alone. Statcan has publicly available data that records several cities in Canada starting around 1990.
In the chart below, I’ve taken ~35 years of data for Vancouver, Calgary and Edmonton and multiplied the monthly price by the inflation factor for that date.
If you consider the differences between today and 1990 - higher taxation and more stringent environmental requirements, it’s surprising to me the prices have remained as low as they are. Below the chart I’ll past in some of the regulatory and taxes added since 1990 care of Gemini.
It looks like the overall cost from the oil companies is the same or lower, despite the challenges they’ve faced from government regulations. The actual price increases are coming from government taxation.
A 7c tax increse after dropping 20c Carbon tax…. gas is now 53c more than it was in early March.
I also watched the report yesteday ib tge price of jet fuel, it’s more than doubled. Parkland in Burnaby supplies mainly jet fuel from Alberta oil. I watched PP demanding they cur taxes on fuel, and posts showed all the countries that hace done so.
Not one of which is an oil producer, let alone with more damn oil than it can sell.