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05-10-2011, 05:02 AM
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Join Date: May 2011
Posts: 792
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Was gas prices in 2008 really higher
Ive been really worried about gas prices lately. My parents said not to worry because it was still higher in 2008 and it fell back to under a dollar. Is this true do any of you guys remember it. I was not driving at the time.
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05-10-2011, 05:40 AM
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Join Date: May 2007
Location: Nanton
Posts: 420
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Gas
Yup,paid a 1.45 a litre in Kelowna
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05-10-2011, 05:40 AM
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Join Date: Aug 2008
Location: Calgary
Posts: 4,084
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it was around 140 from what I remember
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05-10-2011, 05:48 AM
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Join Date: Jul 2010
Posts: 361
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The year I moved out here. 2005 I paid 1.50 in kenora. And then prices through out where 1.20 to 1.30. Worrying about fuel prices is pointless Imo.
CN
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05-10-2011, 07:19 AM
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Banned
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Join Date: May 2011
Posts: 792
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Quote:
Originally Posted by cochranenite
The year I moved out here. 2005 I paid 1.50 in kenora. And then prices through out where 1.20 to 1.30. Worrying about fuel prices is pointless Imo.
CN
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Well maybe for you but I'm still a teen on limited income. Filling up my tank is a full days work.
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05-10-2011, 07:22 AM
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Join Date: Dec 2009
Location: Hughenden, AB
Posts: 958
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Quote:
Originally Posted by Killerb
Well maybe for you but I'm still a teen on limited income. Filling up my tank is a full days work.
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welcome to the "club"
__________________
An angler is a man who spends rainy days sitting around on the muddy banks of rivers doing nothing because his wife won't let him do it at home. ~Author Unknown
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05-10-2011, 09:28 AM
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Banned
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Join Date: Sep 2009
Location: medicine hat
Posts: 9,037
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Quote:
Originally Posted by Killerb
Well maybe for you but I'm still a teen on limited income. Filling up my tank is a full days work.
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it sucks for us all, but i think what he meant is worrying about it isnt going to change anything. it is what it is and worrying wont help.
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05-10-2011, 09:39 AM
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Join Date: Jul 2008
Location: Calgary
Posts: 1,904
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Radio said BC and ON just raised gas to over 1.40, uhoh, GO FILL THE TANK PEOPLE
__________________
A wise fellow once told me "Stop playing with it so much, or it might fall off!"
I still lose bait that way.
UPS will fondle your animals!!
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05-10-2011, 09:42 AM
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Join Date: Dec 2008
Location: Alberta
Posts: 24,071
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I have receipts from 2008 for over $1.50 per litre in Edmonton. Diesel was $1.61
__________________
Only dead fish go with the flow. The rest use their brains in life.
Originally Posted by Twisted Canuck
I wasn't thinking far enough ahead for an outcome, I was ranting. By definition, a rant doesn't imply much forethought..... 
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05-10-2011, 10:56 AM
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Join Date: Dec 2009
Posts: 8,497
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Geez-From the look of those gas prices you would think that Layton was elected PM. 
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05-10-2011, 11:22 AM
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Join Date: May 2007
Location: Uh, guess? :)
Posts: 26,739
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Quote:
Originally Posted by Killerb
Well maybe for you but I'm still a teen on limited income. Filling up my tank is a full days work.
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I hope you have a relatively economical car, not an old gas guzzler. And just because you can drive now, don't throw away or sell that bike of yours just yet!  Young people don't usually have a lot of money. Don't waste it all on your transport.
Anyways, welcome to adult world. Some of it's good.
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05-10-2011, 08:54 PM
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Join Date: Jul 2010
Posts: 361
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sorry if i came off like an ***** but ya i ment it like dont worry about to much it means you gotta make changes to your life style , find a better job, dont drive as much etc
I am in the same boat man, for me to go to work its 125km a day, i runa chevy aveo then i got my truck. you need your car to make money
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05-11-2011, 06:34 AM
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Join Date: May 2007
Location: St Albert
Posts: 365
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Gas Prices
The last time gas was at $1.27 or so a liter here in Edmonton was in fact 2008. The big difference between then and now is that oil was trading at $153 a barrel then and it's only at $103 today. Almost 1/3 less. By that reasoning and doing the math we should be paying about .86/liter. It's all driven by the market speculators on Wall and Bay Sts.
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"Conserve game. Hunt with a trained dog."
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05-11-2011, 07:13 AM
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Join Date: Aug 2008
Location: Calgary
Posts: 4,084
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129.9 at some stations in Calgary today
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05-11-2011, 10:47 AM
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Join Date: Oct 2009
Location: Southern Alberta
Posts: 764
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Quote:
Originally Posted by Gunner22a
The last time gas was at $1.27 or so a liter here in Edmonton was in fact 2008. The big difference between then and now is that oil was trading at $153 a barrel then and it's only at $103 today. Almost 1/3 less. By that reasoning and doing the math we should be paying about .86/liter. It's all driven by the market speculators on Wall and Bay Sts.
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You are right about the market speculators driving the prices.
The CME (Chicago merchantile exchange) is making some rather futile attempts to take some of the volatility out the market.
http://www.ctv.ca/generic/generated/...le2017473.html
Commodity exchanges were initially created so producers and consumers could trade products for future delivery.
Unfortunately, Investment bankers and hedge funds have taken the opportunity to use their huge cash holdings to manipulate the markets.
Obama claimed he was going to clean this up back in 2008 and 2009, but I suspect big $$ derailed his plan.
I personally believe that only producers and consumers should be able to trade in the CME.
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05-11-2011, 10:56 AM
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Gone Hunting
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Join Date: May 2007
Location: Between Bodo and a hard place
Posts: 20,168
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It's supply and demand. I saw it on the electric TV so I know it's true. 
Must be all that marine fuel being sold in the flood areas. I doubt those folks are driving much. 
It's an oil company rip plain and simple, so what are you going to do about it?
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I'm not lying!!! You are just experiencing it differently. 
It isn't a question of who will allow me, but who will stop me.. Ayn Rand
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05-11-2011, 04:04 PM
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Join Date: Feb 2010
Location: Red Deer
Posts: 2,631
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The Fas gas here in Innisfail and on the highway by Bowden is a $1.27
No frills and shell in Olds are $1.19, Extra foods and co-op in Innisfail 1.20
and Costco red deer $1.16
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05-11-2011, 04:08 PM
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Join Date: Mar 2010
Location: NW Cowgry
Posts: 1,254
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I found this chart on the internets. Can't vouch for its accuracy, but interesting non the less.
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