Gasoline Prices

lee · Feb 22, 2021

Most years we see gasoline prices drop a little in the winter. This year in our town the price has slowly increased 75 cents since early November.
Wonder how high it will be by summer?
The increase has not been a big deal because we have not been out of town this winter.
Since summer I put approx 1,500 miles on my car and Debbie put approx 2,000 miles since last winter.

skibum69 · Feb 22, 2021

Boo hoo, try living with Canadian prices or better yet go to Europe and see what you pay.

lee · Feb 22, 2021

skibum69 said:
Boo hoo, try living with Canadian prices or better yet go to Europe and see what you pay.

I realize our prices are cheaper. My point is I'm surprised to see a 75 cent price increase during the winter.
Lets not get off topic so early.

gtrider · Feb 22, 2021

I suspect it’s tied to elasticity of demand and supply. As you pointed out, people have drastically curtailed travel this past year. Heck, we bought a new vehicle for my wife last March and this week took it in for the first oil change at 3k miles. With demand down the refineries tend to cut back, inventory gets reduced, and when demand starts to come back or is anticipated to come back then prices get bumped. I expect to see even larger increases as the year goes on and people have more confidence in getting out and about.

Best,
DeVern

pglaves · Feb 22, 2021

Lee said:
I realize our prices are cheaper. My point is I'm surprised to see a 75 cent price increase during the winter.
Lets not get off topic so early.

Remember when the price of Brent crude went negative. People were paid to take it and store it. With crude oil as cheap as it was gasoline prices could be even lower than they were.

AKsuited · Feb 22, 2021

Airplane and car travel expected to increase, and then there's the politics to deal with... Pricing is done ahead of time, looking forward. It helps the markets allocate resources.

Harry

EUGENE · Feb 22, 2021

In the PNW gas prices have gone up 30 to 50 cents since 11/1/2020.
Regular here is about $3.00.

Paul_F · Feb 22, 2021

Up until last week our regular gas prices in Ontario have been quite reasonable (to what we are used to) at around the dollar mark, give or take, per litre or approximately $4.00 an American gallon. However the prices soared between $1.15 topping out to $1.22 a litre or a little over $5.00 a US gallon.

One of the advantages of travelling in the US (pre-COVID) was your lower fuel prices, despite the major difference in our dollars.

If your regular gas prices are around the $3.00 mark for a gallon, it is still a bargain for Canadian travellers, that is, if the border were open and the two countries were COVID free. :smile

junkjohn · Feb 22, 2021

skibum69 said:
Boo hoo, try living with Canadian prices or better yet go to Europe and see what you pay.

I thought the big difference is the tax on the fuel in those countries.

rangerreece · Feb 23, 2021

skibum69 said:
Boo hoo, try living with Canadian prices or better yet go to Europe and see what you pay.

I went to England three years ago. Rented a Nissan SUV diesel stick shift. It got close to 70mpg... AN SUV! Me and my parents friend from the 60’s, Clive did the math over dinner. With their better fuel economy and higher prices, our worse fuel economy (can’t get those efficiency models in the US for some strange reason) and lower prices... we were paying the exact or near exact (actual milage and fuel cost varies slightly from model and region) per fuel costs mile.

What a strange coincidence... almost by design.

skibum69 · Feb 23, 2021

Last time I bought gas we were up to $1.27 which is a bit of a climb over the last couple of months. With Newfoundland's economy in the toilet they doubled the provincial gas tax otherwise it would be a bunch cheaper and yes the price of gas in Canada has a lot of tax in it but I don't know the numbers. Diesel has just gone back to being higher than gasoline again, for awhile it was lower.

Paul_F · Feb 23, 2021

skibum69 said:
gas in Canada has a lot of tax in it but I don't know the numbers. Diesel has just gone back to being higher than gasoline again, for awhile it was lower.

Overall, we in Canada do seem to pay a lot of tax but a portion of that pays for our health care, permitting us to have any medical procedure, simple or complicated, with no fees attached.

kjeppesen · Feb 23, 2021

Well elections have Consequences. The new administration is anti energy. So that will cause increase in fuel prices. Wholesale gasoline was 1.25 in December. It’s 1.86 per gallon today. Just wait until they implement the “green new deal”

As far as mileage in England. Smaller engines yeah, but they use a different gallon. The imperial gallon is much bigger than the US gallon thus just by that you get a higher “mileage” miles per gallon.

henzilla · Feb 23, 2021

Be careful on the politics gas pedal please.

Our prices have been low since last Spring, even diesel was around $2.00 for some time. The Texas Valentines Freeze shut down refineries and delivery so another justification for increased prices already. After paying over $4 a gallon for diesel a few years back, I don’t dwell on prices.

Got out and used non- corn 89 yesterday. .70 cents more than corn sqeezins’ but wanted to run a tank through this bike.

lee · Feb 23, 2021

GTRider said:
I suspect it’s tied to elasticity of demand and supply. As you pointed out, people have drastically curtailed travel this past year. Heck, we bought a new vehicle for my wife last March and this week took it in for the first oil change at 3k miles. With demand down the refineries tend to cut back, inventory gets reduced, and when demand starts to come back or is anticipated to come back then prices get bumped. I expect to see even larger increases as the year goes on and people have more confidence in getting out and about.

Best,
DeVern

Makes sense.

lee · Feb 23, 2021

henzilla said:
.

Our prices have been low since last Spring, even diesel was around $2.00 for some time.

I don't remember what year but there was a time where diesel was approx $1 higher than gas in our area.
Farmers and contractor were really crying and didn't blame them.
Around here diesel also stayed close to the price of E10 regular. This winter it has kept pace with gas price increases.

bigjohnsd · Feb 23, 2021

The price of gasoline is still so much cheaper in the USA than in most places in the world it is hard to get upset.

2019 riding to AK I was paying well North of $1.50 $CA per liter in Canada and almost as much in Alaska, never mind at Prudhoe Bay.

December 2019 in OZ anything less than $1.50 $AU a liter was "cheap".

As the number of electric vehicles on our roads increases it will be interesting to see how the transportation infrastructure costs will be shared.

lee · Feb 23, 2021

bigjohnsd said:
The price of gasoline is still so much cheaper in the USA than in most places in the world it is hard to get upset.

2019 riding to AK I was paying well North of $1.50 $CA per liter in Canada and almost as much in Alaska, never mind at Prudhoe Bay.

December 2019 in OZ anything less than $1.50 $AU a liter was "cheap".

As the number of electric vehicles on our roads increases it will be interesting to see how the transportation infrastructure costs will be shared.

I agree, our current prices are pretty reasonable.

kjeppesen · Feb 23, 2021

Here in Southern California many stations are now past $4 a gallon. That’s up $1.50 this year. There is nothing reasonable about that. But once it hits $5 by summer $4 will seem reasonable

lee · Feb 24, 2021

kjeppesen said:
That’s up $1.50 this year.

That's a big increase for two months. Our four month increase was only half that.

Gasoline Prices

Debbie's Servant

slave to gravity

Debbie's Servant

52184

#13338

New member

Active member

RK Ryder

Watch This!!!

RangerReece

slave to gravity

RK Ryder

New member

not so retired

Debbie's Servant

Debbie's Servant

'21 R1250 GS Adv

Debbie's Servant

New member

Debbie's Servant

Similar threads