OT: The price of Gas..

David E. Gervais · #1 February 11th, 2004, 05:39 PM

I just did a comparison and found this info..

Gas Price US = 1.71/Gal
Gas Price CA = 0.71/Litre

A Gal is 3.784 * a Litre so that means Canadians are paying $2.69/Gal.

It seems to me that even with the exchange rate, we Canadians are getting stiffed at the pumps.

I noticed this because the Canadian dollar is up near .75 US and it was not long ago at .62 US. I find it strange that there has been little or no 'change' in pricing to reflect this 'Stronger Dollar' in our economy. So, where IS the price difference? Who is grabbing all that 'exchange' money? I have made a few purchases recently in US Dollars and it seems that there is still about a 40% exchange rate on the bottom line.

I buy something for $39.95 US, (+$3.50 S&H) it is converted to Cdn$ ($57.36) Taxes are added GST/QST ($4.02/$4.61) and I have a new total of $65.99Cdn. to my dismay I find that there is a $7.92 Duty charge. (Taxable) for a new total $74.47Cdn

That's a whopping 186% wow!

The thing is, the same product was available here for 59.95 Cdn. I thought that it would be cheaper to order Online. Oh well, live and learn.

At least I can be happy knowing that more people got rich than just the retailer and government.

nuf said, Cheers!

Growltigger · #2 February 11th, 2004, 05:49 PM

We pay about US$5 a gallon so dont moan

Phoenix-D · #3 February 11th, 2004, 05:50 PM

You may be getting stiffed at the pump because of your own government. Check your gas taxes, I know many European countries have taxes so high they can make up to 40% of the total cost..

oleg · #4 February 11th, 2004, 05:50 PM

Haa ! In UK gas cost around �0.76 per litre. �1~$1.85

Horror !!

Tigger was faster

[ February 11, 2004, 15:51: Message edited by: oleg ]

Atrocities · #5 February 11th, 2004, 06:05 PM

The gas and oil companies know that they have at tops about 50 years before all oil on the planet is depleted, so they lie lie lie lie there way into getting more money per gallon.

In the winter the prices goes up because of heating costs. (BULL ****) In the summer costs go up because everyone is driving (AGAIN BS).

The poloticans that stand up and say that we need to investigate this price gouging simply dissappear after a nice contribution is made to their campain or someone mails them a nice annonomious check for a few hundred grand.

Gas and Oil are a cash cow industry. The costs of refining it is so little to the profit that it is all nearly profit to them. They have 50 years to make as much money as they can and this time next year the price will be higher. Soon only the rich and privilated will be able to aford the price of fuel.

Keep the poor poor. Get less and cost more is the way of the future.

Mephisto · #6 February 11th, 2004, 06:22 PM

Quote:

Originally posted by Phoenix-D:
You may be getting stiffed at the pump because of your own government. Check your gas taxes, I know many European countries have taxes so high they can make up to 40% of the total cost..

Actually its about 75% of total cost over here...

Fyron · #7 February 11th, 2004, 06:36 PM

Quote:

Originally posted by Growltigger:
We pay about US$5 a gallon so dont moan

Really? Prices are more like US $1.60-1.80 a gallon around here!

Ragnarok · #8 February 11th, 2004, 06:53 PM

Quote:

Originally posted by Imperator Fyron:

quote:
Originally posted by Growltigger:
We pay about US$5 a gallon so dont moan

Really? Prices are more like US $1.60-1.80 a gallon around here!

Prices in the part of the US I live in are around $1.50 per gallon. Two years ago the prices were down to $0.70 per gallon; man was that nice!

Atrocities · #9 February 11th, 2004, 07:05 PM

About a year or so ago I posted about a seminar I saw on Public Television hosted by a mathmatican who talked about the Bell curve for oil production and how it will effect Population growth.

this link http://www.lifeaftertheoilcrash.net/ talks a lot about what he said, and it is truth, not fiction, and it is happening now. The more population grows, the more less we have, the more everything costs.

rextorres · #10 February 11th, 2004, 07:55 PM

Actually the price of Oil in the US is pretty cheap. Even though $1.50 sounds like a lot if you adjust that to the rate of inflation gas is the cheapest it's ever been. Most americans would rather pay for the social cost of cheap oil with their lungs instead of with their pocket book.

Most Europeans would be shocked to learn how polluted our air is from emissions. I live in the central valley of California where the car is king and there is urban sprawl. There are days in the summer where it's recomended not to go outside. We also have an asthma epidemic here. It's the same in most american big cities. Cheap gas encourages people to drive, gas guzzling suvs, and urban sprawl while discouraging public transit.

[ February 11, 2004, 17:57: Message edited by: rextorres ]