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Prices.... Going Up!!!

West. Yep I'm bored obviously. Something to do during my morning walk I suppose :dunno:. But for those interested here it is:

IMG_20220602_084240604.jpg

Broadway Street and Arbutus Shell station. Vancouver BC Canada (And these rediculous high prices, while Canada is a country with the 3rd largest oil and gas deposits world wide?)
Note: prices are in litres
 
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One more this morning. Petro-Canada at West Broadway Street and McDonald Street Vancouver BC Canada (And these crazy high gas prices while Canada is a country with the 3rd largest oil and gas deposits world wide?).
Note: prices are in litres.

IMG_20220602_090015959.jpg
 
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Again Petro-Canada at West Broadway Street and McDonald Street Vancouver BC Canada. See new bigger picture I just now made from nearby from the other side of the street on request
(And these crazy high gas prices while Canada is a country with the 3rd largest oil and gas deposits world wide?).

IMG_20220602_092327377.jpg

Note: prices are in litres

.
 
8-Tracked said:
Gas prices of two gas stations from different corporate energy 'holding 'groups' located on the opposite side of same street. Being Burrard Street Vancouver BC
How to recognize price fixing.

View attachment 2578135 View attachment 2578137
Click to expand...

Well somebody out there gets gas at my closest Chevron.

My car only like the premium, so yeah it’s lovely atm — a fill is close to $175. Pic was from my last fill at the same station… :( We’re going to see $4/litre gas this summer if the powers that be don’t knock it off; yes it is hard to believe we are one of the biggest petroleum producers on the planet with the out of control pricing.

7EDF316A-0CC6-4E2B-8011-5699C348CA1F.jpeg
 
titanstats said:
Well somebody out there gets gas at my closest Chevron.

My car only like the premium, so yeah it’s lovely atm — a fill is close to $175. Pic was from my last fill at the same station… :( We’re going to see $4/litre gas this summer if the powers that be don’t knock it off; yes it is hard to believe we are one of the biggest petroleum producers on the planet with the out of control pricing.

View attachment 2583220
Click to expand...

That's on a par w/ PPL for "regular" petrol in France -- Euro 1.84 ... and a little higher than what I pay for "premium" petrol in Luxembourg -- Euro 1.80 ... this week. (1 CD = .74 Euro @ the moment)
 
8-Tracked said:
Nope they devide and share without any competition the traffic on BOTH sides of the street by fixing exactly the same price on both sides of the street. Which is a felony if can be proven! So nobody turns from one side of the street to the other side direction of the street to get cheaper gas, course there is none due to this to $0.001 exact the sane price. So these two corporation or two pump owners whatever is going on, try to convince me that they have exact the same overhead and whole sale gas price (supply to them?)
Chevron and Petro Canada are Canadian gov. owned by the way!
And note: it doesn't make any difference if it's a group or just two individuals / pump owners in one street if indeed price fixing occurs. But, that's not so relevant course it happens all over town between Petro Canada and Chevron. I'm no Shell fan, at the contrary, but they don't take part in it over here at least. And there gas is more then 9 cents a litre cheaper one street further!?!
And I don't own a car, so it doesn't affect me what so ever! But it's stupid and to obvious! And it makes a nice post
Click to expand...

Whoa there, the Canadian government for better or worse has no holdings whatsoever in oil and gas now — PetroCanada was sold 30 years ago to SunCor, Chevron is a worldwide American petro giant that has never had government ownership, used to be Standard Oil.

We’re getting worked over by the same multinationals that we always have, most expensive gas in North America here…
 
$ 9.00 a gallon today
cant imagine premium or diesel







gas-prices-june-4.jpg;w=960
 
Natural gas price now $1.25 per therm here, up from $1.11 last month up from $0.53 last year up from $0.26 in 2021.
 
Gas here is 4.75 for 87 Octane.
A few stations are 4.74. What's that? A consolation penny?

I drove my wife to the airport yesterday and surprisingly a station on airport property was 4.39!
Incidentally my wife's car, a 2020 Hyundai Kona SUV (NA ICE) got over 40 MPG on that 100 mile round trip.

We bought cars in 2017 and 2020. They get 34 average MPG.
Prior to that we had cars that got 26-27 and thought that was not bad.
Previous to the we both had small trucks as daily drivers and mine with a V8 engine and low gears got 14, hers with a v6 and 5 speed got about 20.

I ran errands today on my scooter (wal-mart, flea market, discount pet food store) 75-78 MPG.
I bought one ore item at the pet food store than would fit under the seat . Good thing I had a bungee cord.
 
I read the economic report this morning and it isn't rosy. 20% of the S&P 500 companies do (did) big business in Russia. Countries have stopped exporting food and minerals due to fears of shortages in their own country.
It looks like the transitory inflation is anything but, and what we've seen so far is the tip of the iceberg.
Just goes to show how few people can turn the planet into economic chaos.
A couple sobering stats that have probably already been mentioned:
80% of all US dollars in existence were printed in the last 2 years.
In the first 2 years of the pandemic, billionaires wealth rose more than the previous 23 YEARS COMBINED.
 
Dingman said:
I'm curious - what's the milage (real world) you guys are getting from pickup trucks?
I've had pickup trucks my entire life, but last few years have just been driving a car and doing fine with that.
I see Chevy is saying 23 city\30 highway for a half ton, and wonder if that's true?
EDIT: nevermind, I see the V8 trucks are estimated at 17 city, 20 highway - that sure seems more reasonable.
Click to expand...
My brother in laws 2017 Silverado ext cab 4wd averages 20 city and highway combined not bad when you considered my 1979 bronco got around 6 mpg the Silverado does have the cylinder shut down mode which can go down to 4 cylinders, when towing you go from drive to 5th gear and it locks it in v8 mode
 
grillebilly said:
I heard a radio podcast where they said fuel and food are not in the equation, reason being they fluctuate too much. Considered "transitory". We all need fuel and food so there ya go.
Click to expand...

That's one the kills me. The two things we have to buy aren't included. And both of those things are up significantly more than the current rate of inflation.
 
Spitfirejoe said:
I'm not an econ student, so maybe this isn't surprising to others. I just saw the term "Demand Destruction",....
Click to expand...

Unfortunately, the supply side of things is so far down that if demand drops to its level the economy will be in big trouble.
It seems like for quite some time now our economy has been propped up by people buying things they don't need with money they don't have.
Thanks to the internet, every moment of every day has become an episode of Lifestyles of the Rich and Famous; where we get to see the things that other people have and we should want. And an infomercial pitch, disguised as a review, is instantly available for every category of product we might ever think we might need.
Fear of missing out kicks in and many replace things that work perfectly well with whatever the 'expert' said was so much better.
 
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