Another Huge Jump in Gas Prices
 

Go figure covid19 or not the summer gas prices are hitting us again, End of April the price here was 64.9 May 4 it was 67.9 May 12 it was 79.9 and yesterday it went to 89.9 go get em boy's got to get the price up to $1.00 by June 1

Good. Things may be returning to normal.

I am happy to pay $1 per L if it keeps someone working.

Many businesses are already starting to incorporate a COVID fee. Things will definitely be getting more expensive as the economy ramps back up. Just wait until the federal, provincial and municipal governments start wringing our wallets out.

hopefully this means everything will be back on track with the economy.

Agreed. Actually, I am happy with even higher prices if the dollars trickle down to workers and don't just stay at the top of the big companies.

It would be nice if your right but with oil prices still being extremely low and the patch at a crawl I don’t think that is the case

Looks like we are just seeing some good old fashion gouging the customer trying to make up for lower sales

Just quit buying it.

Is there a price point that you'll quite buying it at, or would you pay whatever they charge, regardless of profit margin?

[QUOTE=YYC338;4174701]Is there a price point that you'll quite buying it at, or would you pay whatever they charge, regardless of profit margin?[/QUOTE

I suppose at some price I would quit buying gas, to the extent I could, but it would never be based on profit margin. Can I hear about your expenditures based on profit margin. Do you track your purchases based on the margin the supplier gets on most things you buy? What is the margin on gasoline? And please, if you will, can you tell me what industry you work in?

I work in the oil and gas industry.

The economy has to catch up to the kabillions of bucks handed out....get ready for it.....

gas prices, beyond ridiculous
 

It's beyond ridiculous how the price of gas goes.

Yesterday morning I drive by 4 stations on my way out of town, gas is 79.9, two hours later I come back to town & it's 89.4. I go to the car wash after supper & the price is 84.9. Three different prices in less than 6 hours, WTF?

Where else in retail do prices change as quickly as this?

Actually no
 

Now you can't afford to travel ..............so they keep you at home.

Im betting you will see a huge jump in federal and provincial income tax next year and property taxes locally. Going to be a lot less in peoples pocket to even spend.

Costco usually have the lowest price

I'm predicting a huge run on most lubricating substances.

So, bend over?! :)

I bought a few thousand Litres when gas was under .60c/l so I do not care what it goes to for a while. Greed is alive and well.

Funny how gas jumped .30c/l, I didn't hear anything about oil coming up.

In 3 weeks WTI has gone from $12 to $34. Seems like a pretty big jump to me? You must have missed that?