Libyan streets filled with blood

[EpyonXero]

Originally Posted by Papa_Complex

Correction: Overnight, gas prices in Toronto went to $1.21/L. That's $4.59/US Gal. With our dollar essentially at parity with yours, someone would have a very difficult time explaining to me why we pay so much more than you do, especially given that you get a hell of a lot of our oil. Now add in that it takes roughly 3 months before the price at the wellhead effects the price at the pumps...

They're paying $4.78/US Gal in Montreal, right now.

Taxes?

[Papa_Complex]

Originally Posted by EpyonXero

Taxes?

Yes, we pay more tax on gasoline than you do, but the majority of the taxes are fixed by unit volume. A 10% increase in prices, over the course of a few days, CANNOT be written off to taxes.

[askmrjesus]

Originally Posted by pauldun170

Can anyone name the fonts they used?

Arial Bombardment.

(Bold).

JC

[pauldun170]

Originally Posted by askmrjesus

Arial Bombardment.

(Bold).

JC

[shmike]

Originally Posted by Papa_Complex

Yes, we pay more tax on gasoline than you do, but the majority of the taxes are fixed by unit volume. A 10% increase in prices, over the course of a few days, CANNOT be written off to taxes.

You realize that oil is up 15% since a week ago, right?

[Papa_Complex]

Originally Posted by shmike

You realize that oil is up 15% since a week ago, right?

You realize that oil doesn't hit the market for 3 months, right?

[shmike]

Originally Posted by Papa_Complex

You realize that oil doesn't hit the market for 3 months, right?

And?

It still affects the price of the end product immediately.

There is no 90 day lag on goof's chart. I can't recall a time when there was.

[Papa_Complex]

Well there's certainly lag on price drops, if they ever come, when the per-barrel price drops.

[Triple]

Originally Posted by Sixxxxer

From what I gather...Alaska is just sitting there waiting to be raped and pillaged...And ALSO if we drilled within the USA it would tumble prices to damn near 1$ a Gallon again.

I'm sorry but Fuck the wildlife.

Easy to say writing from a place like Jersey that's already been raped and pillaged. Let's put an entire ecosystem in jeopardy so you don't have to trade in your Dodge Ram...

The environment is more important than oil supply, period. The focus should be on alternate sources of energy; otherwise we'll just keep digging until the oil actually runs out, we'll have damaged huge sections of wilderness in the process, and we'll end up in the very same predicament we're facing now: oil demand outpacing available supply and scrambling to find an alternate energy source. Ruining the land doesn't just affect the migration of some herd of caribou; it changes the weather, it alters local economies, it pollutes the air/water/soil, etc.

You're lost in Candy Land if you think more drilling in the states would reduce gas prices to a dollar a gallon.

[shmike]

Originally Posted by Papa_Complex

Well there's certainly lag on price drops, if they ever come, when the per-barrel price drops.

Maybe an extra day or so.

Papa,

I understand your frustration and I know it feels like "they" use any excuse to raise prices but the inverse doesn't seem to happen.

The numbers tell us otherwise. Look at goof's chart.

In my own experience, we were paying over $4/gal back in '08 and it was down into the low $2's last year. The increases/decreases may not be on a 1:1 ratio but the timing stays pretty true.