 JuggernautIrreverent or irrelevant?Premium
join:2006-09-05
Kelowna, BC
kudos:2 | reply to fast4ward
Re: [Rant] Gas prices jumping big time tonight Personally, I'm going to remain debt-free. When (not if) the next crash comes, it'll make the 2007-2008 one seem like a speed bump.
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Better to have it and not need it, then need it and not have it. |
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 elwoodbluesElwood BluesPremium
join:2006-08-30
HarperLand | reply to dirtyjeffer
said by dirtyjeffer:topped up my car today for 133.6...$28.
You have a 21ltr tank? |
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JuggernautIrreverent or irrelevant?Premium
join:2006-09-05
Kelowna, BC
kudos:2 | Topped up, not filled... |
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elwoodbluesElwood BluesPremium
join:2006-08-30
HarperLand Reviews:
 ·Cybersurf Intern..
| reply to Juggernaut
said by Juggernaut:Personally, I'm going to remain debt-free. When (not if) the next crash comes, it'll make the 2007-2008 one seem like a speed bump.
Well with the Europeans playing Pyramid with their money (giving money to the banks to buy government debt??)
The Americans printing money like it's going out of style, yet they are still stuck in a quagmire (unless you are a bank where you are enormously profitable).
The Brits have done the same with nothing to show for it.
Interest rates can't stay this low for much longer and when it does.. LOOK OUT.... too many losers have been buying 600K boxes in the sky with 5% down and 30yr mortgages. Not to mention the insane condo building that's going on in Toronto right now, man when the other shoe drops, it's going to hit hard.
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No, I didn't. Honest... I ran out of gas. I... I had a flat tire. I didn't have enough money for cab fare. My tux didn't come back from the cleaners. An old friend came in from out of town. Someone stole my car. There was an earthquake....... |
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JuggernautIrreverent or irrelevant?Premium
join:2006-09-05
Kelowna, BC
kudos:2 | It won't be pretty.
The world is in an economic meltdown. Yet, the gov's tell the sheep, 'Things are great! We're well positioned!', and they believe it.
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Better to have it and not need it, then need it and not have it. |
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 dirtyjefferAnons on ignore, but not due to fear.Premium
join:2002-02-21
London, ON | the RCSS was lined up with people wanting to get gas, so i took my car there to top it up again...apparently, gas is supposed to go up something like 5c/liter tomorrow...it was 128.5 at the pump (excluding PC promos). |
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 nitzguyPremium
join:2002-07-11
Sudbury, ON
·TekSavvy DSL
| said by dirtyjeffer:the RCSS was lined up with people wanting to get gas, so i took my car there to top it up again...apparently, gas is supposed to go up something like 5c/liter tomorrow...it was 128.5 at the pump (excluding PC promos).
Lucky, ours went from 137.9 to 141.9 today....oh well...what can you do, right? I really need to downsize my vehicle...... |
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 Bender2000Bite My Shiny Metal AssPremium
join:2002-05-06
Dollard-Des-Ormeaux, QC | reply to elwoodblues
still sitting at 144.9 in Montreal. It's dropped only 3 cents/L over the week. I suspect a price hike will be imminent again by the weekend, allowing them to get it up to 149.9 to 152.9. Then by the May 24 weekend, I wouldn't be surprised to see 160+
It's pretty damn clear what they're doing. The reason is quite simple. because they can. Has nothing to do with winter vs. summer gas, or iran, or supply/demand. Any excuse given is just that, an excuse. Guess if they keep going with these prices inflation will send us back into a recession again (did we ever come out of it?) |
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elwoodbluesElwood BluesPremium
join:2006-08-30
HarperLand Reviews:
·Cybersurf Intern..
| The last price increase was due to a perceived "shortage" of gas in the US North East yet when the numbers came out that day, there was no shortage, prices went up anyway.
Indeed, last Wednesday as doomsday experts were rationalizing the unwarranted increase at the pumps on shortage in the US northeast, the US Weekly Petroleum report, that same day, doused their new found theory, observing instead that gasoline inventories across the US and the Northeast (PADD 1 and 2) "are in the upper limit of the average 5 year range" ref
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No, I didn't. Honest... I ran out of gas. I... I had a flat tire. I didn't have enough money for cab fare. My tux didn't come back from the cleaners. An old friend came in from out of town. Someone stole my car. There was an earthquake....... |
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 StewyPremium
join:2007-12-12
Kitchener, ON | said by elwoodblues:The last price increase was due to a perceived "shortage" of gas in the US North East yet when the numbers came out that day, there was no shortage, prices went up anyway. Of course there's a "perceived" shortage but it's not in the supply but in the refining capacity, if you control and manipulate the capacity and the currency valuation then you also control the price. Hence this has nothing to do with supply and demand but with manipulation and profit which is financial fraud.
"It has been far safer to steal large sums with a pen than small sums with a gun." - Warren Buffett: Lessons for Corporate America (2001) |
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 digitalfuturSees More Than ShownPremium
join:2000-07-15
BurlingtonON
kudos:2 | reply to elwoodblues
2.1 cent drop to 134.6 tomorrow in the GTA, the same price as on 3/29...a decrease of 4% from the peak pump price. According to this article, gasoline prices may have peaked:
quote:
Futures have retreated 3.5 percent since reaching $3.4166 a gallon on the New York Mercantile Exchange on March 26, a 10-month high, after Federal Reserve Chairman Ben S. Bernanke said accommodative monetary policy is needed for the unemployment rate to continue declining.
Gasoline surged 27 percent through March 26, compared with a 10 percent gain for heating oil and an 8.3 percent increase for crude oil. The 2012 gain has been pared to 23 percent.
»www.bloomberg.com/news/2012-04-1···wth.html
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Logic requires one to deal with decisions that one's ego will not permit.
All that is necessary for the triumph of evil is that good men do nothing - Edmund Burke. |
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JuggernautIrreverent or irrelevant?Premium
join:2006-09-05
Kelowna, BC
kudos:2 | I'll bet that it's way higher in Canada than 23%. Ouch. |
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