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| Gas Prices; Liking it! | |
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| Tweet Topic Started: Dec 6 2008, 11:33 AM (316 Views) | |
LoneWolf
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Dec 6 2008, 11:33 AM Post #1 |
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Rebel Soul
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Wow... What a difference from 136.5 to 68.2. Double the price. I never would have thought we would ever see this again. Question is, how long will it last? |
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| crisop | Dec 6 2008, 04:22 PM Post #2 |
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Almost know it all
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hopefully a while, as long as the US economy is bombing it'll stay low |
| winter time with snow and ice means ICE FISHING | |
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Terrym
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Dec 6 2008, 05:03 PM Post #3 |
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Bradford Ont
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It 78.2 here today. The problem is that when crude was $143.00 a barrel gasoline was $1.42 per liter. Now its @$47.00 a barrel it should mean gasoline is about .48 / ltr. They are gouging us even more as the price drops !!!!!!!!!! |
![]() ![]() Happiness is a warm gutpile | |
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| shedherder | Dec 6 2008, 06:17 PM Post #4 |
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Advanced Hunter
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Enjoying it while it's low. Your right terrym they must think we are stupid or they don't care. |
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MJewell
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Dec 6 2008, 06:26 PM Post #5 |
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Central Ontario
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72.9/ liter in Newmarket today, but seen it for 71.3/ liter in Baldwin on my way to Epps today. Matt |
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When the peep is brown; Let the string sing!!! Hoyt Rampage XT 28" 55lbs, Hoyt CRX32 Blackout 27.5" @ 55lbs Darkhorse Staff Shooter www.darkhorsearchery.ca ECO3/LOG6 Staff Shooter | |
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LoneWolf
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Dec 6 2008, 06:26 PM Post #6 |
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Rebel Soul
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I think it's both. |
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deermagnet
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Dec 6 2008, 06:37 PM Post #7 |
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high on the horn
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need diesel to drop more its way to high |
when your old all you have are your memories so make them
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onmedic
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Dec 6 2008, 06:43 PM Post #8 |
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pretty much 74.5 on average around here but i did see it for 72.9 in Ingersoll. I can't see it lasting, it won't be long before they reduce production decreasing the supply, upper the demand and keeping it going up at the pump. I bet they settle at like 90 and keep it there for a long while. |
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RyMad Outdoors Canada in the Rough Ontario Monster Whitetail Magazine www.frow.ca | |
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TomA
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Dec 6 2008, 07:00 PM Post #9 |
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Advanced Hunter
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just dropped below 90 here lately, think its around 89. although i paid 65 today across the border in MN. that was nice! |
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www.tomarmstrongoutdoors.com | |
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Terrym
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Dec 6 2008, 08:58 PM Post #10 |
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Bradford Ont
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Winter time with its demand for heating oil will likely drive the prices back up. I can't beleive the price of Diesel compared to gasoline. No savings driving a deisel at those prices. |
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Cowtown
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Dec 10 2008, 03:58 PM Post #11 |
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Advanced Hunter
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thrilled to be spending $1.45 a gallon in TEXAS!! WHOOOO HOOOOO!!!
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"calling an 'illegal alien' an 'undocumented immigrant' is like calling a 'drug dealer' an 'unlicensed pharmacist' "... | |
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bowhunter-57
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Dec 10 2008, 04:49 PM Post #12 |
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Man $145 gal sucks,we were paying that a liter not to long ago
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spent
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Dec 10 2008, 05:23 PM Post #13 |
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It's all a head game (prices up-prices down). If they see a huricane forming out in the ocean the prices go up. If the earth reacts in away that it swallows up an island the prices go up. Now the prices are going down because they the gas companies have drummed up some cock and bull story that we will fall for.. I hope they don't see my post because the gas is going to go up. Just to teach us a lesson....... |
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GET R DONE
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Dec 10 2008, 07:41 PM Post #14 |
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Team Ontario Coal Rollerz
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I wish the diesel fuel would go down as well, I'm paying 102.9$ a litre, it's still way TOO MUCH! |
| <a href="http://s196.photobucket.com/albums/aa212/Cayouche/?action=view&current=leupold_banner1_600x120.jpg" target="_blank"><img src="http://i196.photobucket.com/albums/aa212/Cayouche/leupold_banner1_600x120.jpg" border="0" alt="Photobucket"></a> | |
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perrysbirds
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Dec 10 2008, 08:00 PM Post #15 |
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Great Newfie Hunter
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70.9 here in Angus this evening! |
![]() If I aint out shooting deer! Im home drinking beer! Pro staffer for spypoint | |
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Taxman
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Dec 10 2008, 10:58 PM Post #16 |
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Gassed up at 69.9 today! Mike |
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| Extreme | Dec 10 2008, 11:45 PM Post #17 |
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Lanark County--Team Ontario Trophy Bucks
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Yep,69.9 here in Perth Today
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| I thought I was wrong once,But I was mistaken | |
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Greenhorn
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Dec 11 2008, 12:21 AM Post #18 |
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I paid 38.9/liter Monday at the border.Our money took a big hit though.80 bucks was only worth 50 American.Brent J.. |
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Dinger
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Dec 11 2008, 09:57 PM Post #19 |
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Marathon Ontario
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70 cents here in marathon |
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annie oakley
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Dec 12 2008, 09:36 AM Post #20 |
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Isn't that a relief...can actually breathe now.....I wonder how long it will last too. |
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<bottomleft><b>AS A MATTER OF FACT, I DO HUNT LIKE A GIRL!!</b> | |
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billert
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Dec 12 2008, 09:39 AM Post #21 |
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Low gas prices is a good indicator that the economy is in the junk. While it seems like good news, it's actually really bad news. We just haven't totally felt the effects yet, which is really scary. Lower gas is like praying for lower house prices (if you are buying), but lower prices means that the entire economy is tanking. Brace yourselves things are going to get ugly. |
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billert
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Dec 12 2008, 09:43 AM Post #22 |
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How long will it last? A while. Gas will probably hit $35 a barrel in the new few weeks/months and slowly come up. When the market corrects which could take years 3-10 is likely and conservative, gas will come up. They are trying to price fix and cut supply, but it wont work. There are too many cheaters in the Arab which will continue to produce gas. Remember too, that they have bills to pay as well and are used to $100 a barrel. Times are tough, even for the Saudi's. Start paying off debt aggressively. When we come out of this, interest rates are going through the roof. |
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WLK
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Dec 12 2008, 12:56 PM Post #23 |
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WLK
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"times are tough even for the Saudis" You got to be kidding me ? Yeah, the Saudi Princes may have to sell some of their Yachts that they keep on the French Riveara ? I think not. OPEC and the oil companies share the blame for the world recession. With finacials in crisis oil went to $146/barrel, even though the fundamentals only supported $70/barrel oil, and that was the final straw for the world economy. Gas here in Northern NY is $1.89/gal and I believe it will creep up over $2/ gal next summer. But, it'll be a long time before it reaches $4 /gal again. |
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| "Shotgun" Steve | Dec 12 2008, 01:58 PM Post #24 |
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Shotgun Steve
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71.2 cents in Toronto & maybe cheaper today in some spots !! Hope it keeps dropping ??
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Never Count The Horns When Your Aiming !! There Is Lots Of Time To Count Them Later !!! | |
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billert
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Dec 12 2008, 07:52 PM Post #25 |
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The Saudi's invested money in infrastructure expecting to sell gas at $147 a barrel because everything thought things would only go up. Is Alberta suffering? You bet they are, they can't take oil out at a loss from the sands. You think you can make a profit off $35 a barrel oil? They have debts too, trust me their are hurting. They're (try to) price fix because they can't afford to make oil for such a low profit...but alas no one needs it to make or ship things because no one has any money. Gas was high before due to speculation re: the stock market. Now the bubble burst...in part, the other part is that demand is way down, plus the offselling has overshot the downward value. Ever see a lottery winner go bankrupt? What about celebrities? Money problems stem from spending problems. Saudi's are no different. |
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WLK
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Dec 13 2008, 09:47 AM Post #26 |
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WLK
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The poor Saudis and the speculators, should have taken a tip from Newton," what goes up, must come down." Do you really think the Saudis want oil back at $147/barrel so the Alberta oil sands will again be profitable, or the world to move further away from a oil based economy ? They couldn't care less about Alberta or the rest of the Canadian economy. They do care about keeping oil prices where only they can make a profit but yet not too high to cause demand for alternative energy vehicles.. The average 25 year old Saudi makes $125,000/ year, with Filopinos, Indians, etc.. doing all the work there. Yeah, they're hurting, where can I send a donation ? You must not have watched the 60 minutes segument on the Saudis last Sunday ? |
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billert
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Dec 13 2008, 10:00 AM Post #27 |
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Nope, didn't watch that show. Just using my common sense. The entire world is hurting. It surprises me that we can't think past our own problems. But then again it doesn't. Anyway, the Saudi's aren't happy with the price of oil and the price of oil is a great indication that the entire world economy is suffering. It's just a tiny glimmer of positivity in the world today for ordinary consumers. It's difficult to celebrate in other words. Cheap oil means that a lot of people aren't working. Difficult to see past your backyard, but that is the fact of the matter. |
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nubo
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Dec 14 2008, 10:57 AM Post #28 |
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Gas in Stayner today is 0.67.4 , man I can't remember when it was last that low. nubo |
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Man $145 gal sucks,we were paying that a liter not to long ago 




3:19 AM Jul 11