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Author Topic: Gas prices around the U.S. and Canada Back to Topics
PD

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Message Posted: Nov 5, 2010 11:36:49 AM

Checking in this Friday on what's going on across North America in terms of gasoline prices! First off, Canadians won't be seeing the increases that the U.S. will see. The Canadian currency is stronger than the dollar, helping offset the increase in prices. (Lucky you!)

Across the U.S., some places are getting close to $3/gallon and may surpass that in a few weeks. The national average is up sharply today, showing average prices over $2.84/gallon already. I have a feeling the national average in the U.S. will climb to $2.87 by the end of the weekend.

Motorists in the South are currently enjoying the lowest gas prices in the U.S., while folks on the West Coast see prices well over $3. The Midwest may be the next region to...

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honda0105
Champion Author Tallahassee

Posts:22,172
Points:2,058,065
Joined:Nov 2008
Message Posted: Nov 8, 2010 5:34:15 AM

Canadians were also wiser in that they didn't deregulate the oil industry.
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torn8owx
Champion Author Philadelphia

Posts:2,313
Points:577,515
Joined:Feb 2010
Message Posted: Nov 7, 2010 4:19:20 PM

A weaker dollar equals a higher oil price
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djliberty
All-Star Author Chicago

Posts:970
Points:368,565
Joined:Mar 2008
Message Posted: Nov 6, 2010 12:32:30 PM

thanks to the federal reserve
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GDJ
Rookie Author Edmonton

Posts:80
Points:24,660
Joined:Mar 2009
Message Posted: Nov 6, 2010 10:37:34 AM

So far no change in the prices in Edmonton, Alberta. Actually a lot of stations have dropped the price 1¢/litre (88.9 per litre for 87 /regular).
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1006
Champion Author Birmingham

Posts:1,138
Points:1,673,000
Joined:Apr 2008
Message Posted: Nov 6, 2010 7:17:08 AM

all right grouch, we know you are loyal O
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ENORMS
Champion Author Colorado

Posts:3,024
Points:1,994,110
Joined:Sep 2006
Message Posted: Nov 6, 2010 6:47:44 AM

Not good for struggling consumers!
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NO_SWEAT
Champion Author Toronto

Posts:6,322
Points:1,500,525
Joined:Jul 2008
Message Posted: Nov 6, 2010 2:32:25 AM

If you live near Queenston (Ontario) it's cheaper to drive across the US Border to buy Canadian gas being sold in Lewiston and that was processed/refined & exported from Hamilton (Ontario).

That's disgusting.
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grouch311
Champion Author Peoria

Posts:6,610
Points:1,923,045
Joined:Jun 2007
Message Posted: Nov 6, 2010 2:01:20 AM

all you people rejoicing about the elections, just remember that the 'publicans can't do much, not enough votes to count
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cutter1330
Champion Author Oklahoma

Posts:9,726
Points:2,122,320
Joined:Jul 2005
Message Posted: Nov 6, 2010 1:53:03 AM

New 'mid term-ers' needs to get this
turned around and fast.
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nurdco
Champion Author Colorado Springs

Posts:12,299
Points:2,142,590
Joined:Apr 2008
Message Posted: Nov 6, 2010 1:50:45 AM

Consumers get JERKed by Fuel distributers and the Federal Reserve

Who ARE they HELPing in this BAD Economy?

Consumers would be imprisoned IF they Printed "money"
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speedys
Champion Author Utah

Posts:9,130
Points:3,006,085
Joined:Nov 2005
Message Posted: Nov 6, 2010 1:40:32 AM

Junk out the printing presses.
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Powerstroke73L
Champion Author Sacramento

Posts:2,816
Points:731,150
Joined:Jul 2008
Message Posted: Nov 6, 2010 1:25:52 AM

"To bad prices aren't a simple supply and demand issue. Any off the wall reason can affect prices."

-----------------

We constantly hear about how supply and demand has nothing to do with it but I remember in the old days when the same people telling us that, used to claim the exact opposite and say it WAS all about supply and demand and it wasn't that long ago...
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OnTheWater
Champion Author Orange County

Posts:2,123
Points:623,130
Joined:Nov 2009
Message Posted: Nov 6, 2010 1:11:27 AM

Lucky Canadians!! Sure would be nice to see the dollar rise and oil fall but that's just wishful thinking. Gas prices here in Orange County are holding for now but with oil near $90 a barrel I'm sure it will start rising over the weekend!
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comprof
Champion Author Houston

Posts:9,168
Points:1,803,975
Joined:Jul 2009
Message Posted: Nov 6, 2010 12:58:28 AM

mevosevech: Good ovservation.
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mvosevich
Champion Author St. Louis

Posts:5,512
Points:1,125,895
Joined:Aug 2004
Message Posted: Nov 6, 2010 12:56:16 AM

To bad prices aren't a simple supply and demand issue. Any off the wall reason can affect prices.
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jadeusa
Champion Author Dallas

Posts:11,602
Points:2,270,895
Joined:Sep 2005
Message Posted: Nov 6, 2010 12:41:39 AM

At least Canada isn't spending out of control & printing money. Voters have spoken, and there should be an end to the over-spending & no more stimulus.
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Buddy2264
Champion Author Tampa

Posts:13,834
Points:2,808,170
Joined:Oct 2005
Message Posted: Nov 6, 2010 12:41:04 AM

I am sure we will see $3.00 and higher in the sprint. Conservation keeps your money in your pocket.
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pops8632
Champion Author Fort Worth

Posts:6,927
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Message Posted: Nov 6, 2010 12:38:30 AM

We knew this was coming, right?
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regasaz
Champion Author Phoenix

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Joined:Dec 2006
Message Posted: Nov 6, 2010 12:30:29 AM

Obummer will just tell them to print more money and sink the dollar even harder.
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memory_of_max
Champion Author Little Rock

Posts:7,302
Points:1,057,020
Joined:Mar 2007
Message Posted: Nov 6, 2010 12:28:44 AM

Thank you Obama administration for sinking our dollar in to the toilet - and oh yeah! Have a nice vacation at our expense! Be sure to bow a lot and feel free to apologize for the US as much as you want!
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14of45SSR
Champion Author Saskatchewan

Posts:2,370
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Message Posted: Nov 6, 2010 12:26:35 AM

Canadians won't be seeing the increases that the U.S. will see. The Canadian currency is stronger than the dollar, helping offset the increase in prices. (Lucky you!)

Good...it is about time! I still think our pump prices are too high! We're exporting oil, we should be paying alot less than what we are!
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Sneakers55
Champion Author Houston

Posts:60,606
Points:2,538,135
Joined:Nov 2005
Message Posted: Nov 6, 2010 12:15:46 AM

TIGERPAW46 wrote:

>Current Washington leaders didn't care if gas prices went up & have
>done nothing to prevent or slow them because higher gas prices
>stimulates public interest in favor of their Green Energy policy. They
>also have put the brakes on new oil exploration since this President|
>took office, even though we will need just as much oil for 20+ more
>years.

The Baker Hughes rig count is up considerably. The last that I looked, that was mutually exclusive with putting the brakes on new oil exploration.

>Why any American President would take such an action in my
>opinion is Grounds for impeachment.

You'll have your chance in two more years.
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nstrdnvstr
Champion Author Twin Cities

Posts:40,150
Points:4,429,555
Joined:May 2001
Message Posted: Nov 6, 2010 12:13:10 AM

Didn't "they" blame Bush and his oil buddies the last time gas reached $3 a gallon?
Why aren't "they" blaming Obama now?
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Zonk
Champion Author Michigan

Posts:8,576
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Message Posted: Nov 6, 2010 12:12:07 AM

The roller coaster is now moving.

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Tundralimited2009
Champion Author Dallas

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Message Posted: Nov 6, 2010 12:10:56 AM

Next week???
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JohnofGB
Champion Author Flint

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Joined:Feb 2010
Message Posted: Nov 6, 2010 12:05:51 AM

Well, the value of the dollar went up today. Lets see what that means Monday.
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TIGERPAW46
Champion Author Florida

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Message Posted: Nov 5, 2010 11:56:53 PM

Current Washington leaders didn't care if gas prices went up & have done nothing to prevent or slow them because higher gas prices stimulates public interest in favor of their Green Energy policy. However some of those Gov. supported programs like Ethanol cost more overall & are worst for pollution. Despite that they wanted Ethanol increased to 15%. Also there are many other adverse conditions worsened by Ethanol. They also have put the brakes on new oil exploration since this President took office, even though we will need just as much oil for 20+ more years. Their attack on American oil production, & blocking the new Canadian Oil pipe line is making America More dependent on OPEC oil. Why any American President would take such an action in my opinion is Grounds for impeachment.
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stcoesda2
Champion Author Illinois

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Message Posted: Nov 5, 2010 11:55:39 PM

We hit 2.99 in NW Illinois yesterday
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Z51Corvette
Champion Author Austin

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Points:2,072,940
Joined:Jan 2008
Message Posted: Nov 5, 2010 11:54:52 PM

Supply and demand... get our wells producing drop our dependence on foreign oil... and drop the price... oh, yeah... reduce the taxes too... Government is TOO DAMN BIG!
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TheSicilian
Champion Author Jacksonville

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Message Posted: Nov 5, 2010 11:53:03 PM

2.75 and more here
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AuburnTim
Champion Author Indiana

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Message Posted: Nov 5, 2010 11:51:35 PM

We are at the $3.00 mark now in the midwest. This is just wrong and dam it Congress needs to do something about it now. This has to stop because at these prices and going higher there will be no recovery for main street. Food prices are also increasing and still with higher unemployment it only spells more pain and suffering for middle america and more profit for big business america.
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traindude
Champion Author Virginia Beach

Posts:5,770
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Joined:Jun 2007
Message Posted: Nov 5, 2010 11:51:23 PM

now boarding...1 handbasket. I think we all know the destination
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ysmc
Champion Author Providence

Posts:12,724
Points:2,440,605
Joined:Apr 2007
Message Posted: Nov 5, 2010 11:49:51 PM

Speculators are traitors, giving aid and comfort to the enemy and causeing pain and suffering to the real Americans. Speculation in oil should be illegal and traitors should be tried and sentenced.
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Bigwaynef
Champion Author South Carolina

Posts:14,240
Points:2,527,395
Joined:Dec 2006
Message Posted: Nov 5, 2010 11:47:26 PM

Lowest price here in SC was 2.44 now that price went to 2.55 (avg)
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runway12
Champion Author Tacoma

Posts:3,172
Points:618,985
Joined:Aug 2008
Message Posted: Nov 5, 2010 11:46:46 PM

Prices seem to go down on Friday only to increase Monday lately.
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Bonito
Champion Author Dayton

Posts:17,903
Points:3,395,540
Joined:Jun 2004
Message Posted: Nov 5, 2010 11:44:18 PM

RAPED again and no does anything. I say: GET OFF OIL NOW!
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ferd41
Sophomore Author Buffalo

Posts:150
Points:260,575
Joined:Mar 2008
Message Posted: Nov 5, 2010 11:42:48 PM

Up to $3.05 in W NY and the rez prices are above the national average!!! We're in for another financial screwin' !!! Poor BP only made 1.8 billion profit in the last quarter!!!
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Jeff4U
Champion Author Atlanta

Posts:10,933
Points:2,298,300
Joined:Nov 2004
Message Posted: Nov 5, 2010 11:42:10 PM

What amuses and irritates me is: the prices jump at the pump MUCH higher than the increase of the National Average.
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saveongasNC
Champion Author North Carolina

Posts:4,407
Points:1,094,015
Joined:Aug 2008
Message Posted: Nov 5, 2010 11:41:55 PM

Buy les pay less!!!
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runout9
Champion Author New Jersey

Posts:3,240
Points:978,145
Joined:Dec 2008
Message Posted: Nov 5, 2010 11:41:31 PM

The Bernanke QE2! Print, print, print $US. Debase the value
vs Euro $140 32. Crude $86.85. Gasoline can only climb.
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walterdt
Veteran Author Alabama

Posts:257
Points:372,120
Joined:Oct 2008
Message Posted: Nov 5, 2010 11:38:03 PM

droped back down to 2.58 from 2.65 for 4 hrs but back up now
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10k
Champion Author North Carolina

Posts:24,179
Points:2,701,025
Joined:May 2006
Message Posted: Nov 5, 2010 11:37:34 PM

OGW:

i suppose the democratic party is the world's most perfect party ??..I AM A DEMOCRAT, NOBAMA IS NOT A DEMOCRAT..

why don't you keep blaming everything bad on the republicans, and don't dare blame nobama for his incompetence..

[Edited by: 10k at 11/6/2010 12:38:57 AM EST]
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10k
Champion Author North Carolina

Posts:24,179
Points:2,701,025
Joined:May 2006
Message Posted: Nov 5, 2010 11:29:40 PM

jumping as much as 10¢ each time prices are changed-which is just about everyday now..

i hate big oil..
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djtdi
Champion Author San Jose

Posts:2,840
Points:878,700
Joined:Aug 2005
Message Posted: Nov 5, 2010 11:28:20 PM

Here in San Jose,Calif it is hovering at > $3/gal.
BTW > symbol stands for greater than.
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rxman1
Champion Author Toledo

Posts:11,818
Points:2,308,395
Joined:Nov 2007
Message Posted: Nov 5, 2010 11:24:25 PM

Four dollar gas by next summer? We shall see.
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Rageagainsttm
Champion Author Tampa

Posts:10,302
Points:2,336,835
Joined:Jul 2007
Message Posted: Nov 5, 2010 11:24:10 PM

Just another way to bring gas prices higher.
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unicornpmb
Champion Author Buffalo

Posts:10,624
Points:2,077,795
Joined:Sep 2005
Message Posted: Nov 5, 2010 11:23:59 PM

Same old,same old.
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mvosevich
Champion Author St. Louis

Posts:5,512
Points:1,125,895
Joined:Aug 2004
Message Posted: Nov 5, 2010 11:23:33 PM

up $.20 here.
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walterdt
Veteran Author Alabama

Posts:257
Points:372,120
Joined:Oct 2008
Message Posted: Nov 5, 2010 11:19:26 PM

gas here went from 2.52 to 2.65 over night
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Jedidiah
Champion Author Maine

Posts:123,548
Points:2,888,610
Joined:Dec 2005
Message Posted: Nov 5, 2010 11:17:39 PM

RE: Comment by Saturn93

"On the eve of Bush's last G-8 appearance, the dollar's gyrations are again in the crossfire. This time, it is a weak currency, upended by slumping growth, a housing recession and record gas prices, that is gnawing away at the world economy."

GO Fish: ><{{{*>
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