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  #1  
Old 05-07-2009, 04:01 PM
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Gas Prices ? Anybody else ticked off ?
I am getting a little ticked off with the price of gasoline here in Ontario. A few months ago gas was at 68 cents a litre. Each week since like around february I have noticed it climbing up a few cents. And now it sits at 92 cents ?

Last summer when the cost was around a $150 a barrel, it was $1.25 - $1.35 a litre.

But now, it sits at $58.00 a barrel and we are approaching the $1.00 a litre mark ?

So now we see an almost 60% drop per barrel from last summer, but the price per litre has only dropped roughly 35%

What the hell is going on here ?
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Old 05-07-2009, 05:51 PM
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lol 68 cents..............
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Old 05-07-2009, 05:52 PM
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Litre Of Cola ?
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Old 05-07-2009, 05:53 PM
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i am more mad that they charge by the litre wtf
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Old 05-07-2009, 05:55 PM
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Can you convert that for us America's?
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Old 05-07-2009, 05:55 PM
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cutting off production - that's why you're not seeing a 1-1 ration...

does suck though...
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Old 05-07-2009, 05:58 PM
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Once again I'm staying impartial in this border war. You guys have fun with it though
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Old 05-07-2009, 06:01 PM
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Quote:
Originally Posted by RanPicks
cutting off production - that's why you're not seeing a 1-1 ration...

does suck though...
i love how there's always a different excuse when gas goes up, and there's only one way for it to go down, besides having a depression.
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Old 05-07-2009, 06:05 PM
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Originally Posted by TN TITAN Fan In STL
Litre Of Cola ?

appreciate the super troopers reference
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Old 05-07-2009, 08:49 PM
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Quote:
Originally Posted by TN TITAN Fan In STL
Litre Of Cola ?

Will you just order a large, Farva?
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  #11  
Old 05-07-2009, 11:06 PM
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Quote:
Originally Posted by iggs111
lol 68 cents..............

would be like 2.40 ish canadian for a gallon..which then would be around 1.80 something usd or so..so..about same as here..not sure why he is complaining
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Old 05-07-2009, 11:12 PM
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i stand corrected..would be 2.57 canadian per gallon..and around 2.19 usd..canadian dollar is stronger than i had thought...not sure why the crying though over this price..the price of petrol in canada was way higher than that several years ago
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Old 05-08-2009, 01:20 PM
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Real simple explanation: It is summer time. People travel more during summer time. You have the demand, so just increase the price. People will complain, but still in the end still travel.
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Old 05-08-2009, 01:25 PM
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If I remember my calculations correctly 3.8 litres is equivalent to 1 gallon. Therefore .92 x 3.8 litres equals 3.50/gallon and based on a 80cent cdn dollar to american that would equate to roughly $4.40/gallon.
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Old 05-08-2009, 02:09 PM
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Using an exchange rate of $C1 = $US 0.868

$C 0.92/litre = $US 3.02/gallon
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