Vancouver Secrets

Will Gas Prices Rise 12.9 Cents A Litre This Friday?

photo credit: bitzcelt

Liberal MP Dan McTeague says drivers in Toronto and Western Canada will face the largest one-day price increase ever seen this Friday, when pump prices could jump as much as 12.9 cents per litre.

If true, this means Toronto will go to the highest price ever - $1.37 a litre…

In Vancouver we haven’t dropped below $1.40 since oil hit $140/barrel. This is an indication of how a carbon tax will relate to a huge ripoff. BC now enjoys gas prices of at least 10-15 cents more than the rest of the country - thanks to our 2.4 cent carbon tax. Funny how that works.

The most incredible thing is how a  hurricane some 2,500+ miles from Canada can cause our gas to go up instantly - and although oil has dropped 30-50% since the peak, prices are still at a level of $130+/barrel.

Each time gas goes up it sets a new benchmark for pain. The oil companies then drop it a few cents when oil goes down, and then jack it again beyond this threshold on an uptick.

I can’t believe that this continues to go on - time to get serious about the collusion going on.

The Oil Companies Profit From Gustav

photo credit: TopTechWriter.US

Not to miss an opportunity to take advantage of Vancouver drivers, the oil companies have jacked our gas prices again - and will continue to do so throughout the week- in anticipation of Gustav’s arrival into the Gulf of Mexico.

New Orleans is the likely target, and it almost looks like a repeat of Katrina.

Vancouver wins the prize for most expensive Canadian gas, despite oil prices being lower by almost $20/barrel since the peak.

As I wrote last week, they forgot to lower the price when oil dropped to $115/barrel from $145 - but were quick off the line to raise them when it went up to $120. In fact, they raised prices before trading was over yesterday.

We now face prices above 1.44/litre - when they should be around $1.25-1.30/litre.

How high can they go?

Only greed will dictate.

In hurricane prone areas they have laws against this - it’s called price gouging. Raising prices to take profit from disasters is frowned upon.

Here in Vancouver it’s a fact of life - no matter how distant the disaster is.

Petro Canada Is Ripping Us Off

photo credit: JoshMcConnell

You’ve heard it before…

When oil prices rise, the price at the pump goes up within a day.

When oil prices drop, it takes weeks for the adjustment.

It’s a way the oil companies gouge us both ways - up and down.

Why hasn’t there been a government inquiry into this?

Oil peaked at around $140/barrel and gas went to $1.45/litre in Vancouver.

Now that oil has dropped to $115/barrel, you’d think that gas would be in the $1.14-$1.20 range.

It’s stuck at $1.40 - meaning they are ripping off consumers by 75 cents per gallon.

This would cause an uproar anywhere else.. out here, nobody seems to notice.

Between the oil prices being artificially raised each morning and the overcharging, the oil companies should be getting a lot of heat.

Instead, we pay whatever they demand and become poorer through our silence.

Save Money By Buying Gas At Night

photo credit: richpix 

The gasoline price gouging has gone on long enough in Vancouver - stations raise the price each morning and drop them later in the day. The average increase is 16-20 cents a gallon surcharge for the convienience of buying gas in the daylight.

I asked a sampling of station managers why they do this, and all replied that they are instructed to by head office. This happens at all stations and defies any kind of logic.

The only way to stop the oil companies from ripping us off (as if $6 a gallon isn’t a rip off on its own) is to let them know this unethical practice is common knowledge - don’t buy gas during the day.

Plummeting revenue from the lack of sales during their daylight rip-off will get their attention…

By the way, the same goes for beer - did you know they charge more for cold beer? Buy the warm only.