saturday diesel in hilo hawaii= 4.27/ gallon down from 5.33/gall last month
Local Diesel Prices
- Thread starter 87 HJ60
- Start date
This site may earn a commission from merchant affiliate
links, including eBay, Amazon, Skimlinks, and others.
207 gas bar in Kahnawake Friday: 104.9, just 10km south of downtown MTL.
Cheapest in the province was 98.0 at Flying J in Vaudreuil near the ON border. At the same time just opposite of the border it is a steady 5c cheaper or more.
The reason why the difference is actually easy to understand: fuel prices are controlled in Québec - Retailers are not allowed to sell below minimum plus 5 cents to insure "profitability of the gas stations" (although the official reason is "to allow independent retailers to make enough profit to survive", I'm more inclined to believe the true dollar and cents reason, which is, that it would allow the government to get more tax revenue).
Another thing is that diesel prices are never posted in our Belle Province. I asked about it last week and the old hand replied matter of factly that it was ILLEGAL, but I could not get the reason behind that. I find that so outrageous I'm inclined to believe it's a hoax, as a google search did not return anything that would explain it. Kind of like why diesel prices are still so high "because the truckers started to charge more and it would cost them too much to redo their contracts and all their paperwork to reflect the downward trend"...
My own psychological limit for diesel is 1.00 per liter. As long as it doesn't drop below that I'll keep staying home and charge a supplement for fuel for work related travel, thank you. I just hope winter won't last too long that I'll get cabin fever or become a grumpy old man... (OK, I'm already one...
)
Cheapest in the province was 98.0 at Flying J in Vaudreuil near the ON border. At the same time just opposite of the border it is a steady 5c cheaper or more.
The reason why the difference is actually easy to understand: fuel prices are controlled in Québec - Retailers are not allowed to sell below minimum plus 5 cents to insure "profitability of the gas stations" (although the official reason is "to allow independent retailers to make enough profit to survive", I'm more inclined to believe the true dollar and cents reason, which is, that it would allow the government to get more tax revenue).
Another thing is that diesel prices are never posted in our Belle Province. I asked about it last week and the old hand replied matter of factly that it was ILLEGAL, but I could not get the reason behind that. I find that so outrageous I'm inclined to believe it's a hoax, as a google search did not return anything that would explain it. Kind of like why diesel prices are still so high "because the truckers started to charge more and it would cost them too much to redo their contracts and all their paperwork to reflect the downward trend"...
My own psychological limit for diesel is 1.00 per liter. As long as it doesn't drop below that I'll keep staying home and charge a supplement for fuel for work related travel, thank you. I just hope winter won't last too long that I'll get cabin fever or become a grumpy old man... (OK, I'm already one...
)
Just filled up, diesel was 85.9 and regular grade gas was 76.4. Sure was nice to put 275l of diesel and 60l of gas in and still end up ~$280 whereas a few months ago I was looking at ~$450 for the same amount of fuel...
gawd my new job has me driving 2k kms a month, I am very happy for the price reductions....
I feel the unrealistic prices before were bloated spectators which have caused our problems economically.
I feel the unrealistic prices before were bloated spectators which have caused our problems economically.
We all know that speculators drove up the price except for those who are "supposed" to know!! Our trip this past summer would be 1/2 the price today!!
(warning: chat)
That's what I've been saying ever since the prices started to spiral out of control, as a amatter of fact I've been saying for years that most of our present day problems, including 9/11, stem from the greed and arrogance of the few and their insane, unbridled speculation, making money from thin air whithout actually producing anything of value, forcing the rest of us, through the power of Money, into submission.
It would be interesting to figure how much Mr and Ms Average Joe lost in the last two years (just check your gas and heating bill!) to the greed of these speculators who are now demanding help from our governments!!!
What makes me mad is that now, our governments are going to bail out those robber barons (just look at their insanely high yearly earnings) while those with little in their name, who were gullible enough to believe into their scams, are now faced with serious economic problems, bankruptcy and foreclosure!!!
And only in America do the people responsible for the policies that caused this (people like Dick Cheney, Donald Rumsfled, Paul Wolfowitz to name only the political figureheads) go free with impunity! In other countries or at other times, such people would have been arrested, tried and incarcerated or even hanged for wilfully causing all these problems.
I know it may all sound farfetched for some of you... But just stop to think about it a little for a while!
You are correct, however consider who pays most of the taxes in America, it's those same robber barons. They pay some 90% of the taxes, so the 'bailout' is basically a tax rebate for them. Unless Mr & Mrs Joe Citizen are in debt over their heads, which is their own fault, then they're not really affected by all of this high finance shenanigans.
I guess I opened a can of worms more suited for chat than practical price reporting, so, sorry about that, but I'm sure we can keep it civil and, still, reasonably on topic
Yes, John, your remarks are quite astute and apply quite well for Canadian taxpayers. There are however less so for Americans whose tax scale is substantially lower for the rich and where we saw many, many people lose their houses to foreclosure or, in other cases, their heirloom, due to the collapse of the housing market which was one of the effects of the artificial inflation of values caused by unbridled speculation.
Although, without doubt, the rich pay the most taxes, there is a difference between losing money you could not realistically spend anyway (how much money does one need for shelter, food, transportation, education, medical care and the other essentials of modern life?) and losing the house you live in and in many cases, facing bankruptcy and having to live off of handouts.
Although I don't think it is appropriate here to get into a political debate dealing with was arguably the fault of policies of the Bush administration, nevertheless I don't agree with your asessment that getting into debt by the average Joe was necessarily "their own fault". It would not have happened nearly as much if speculation had been kept under tabs, the same speculation that caused the recent inflation of Diesel Fuel prices we have seen in the last few years.
In any case, we are now enjoying more reasonable prices, but the value of our currency has dropped very sharply as a direct consequence so I guess many of us are going to stay home this winter, and this may yet force the prices down some more
Yes, John, your remarks are quite astute and apply quite well for Canadian taxpayers. There are however less so for Americans whose tax scale is substantially lower for the rich and where we saw many, many people lose their houses to foreclosure or, in other cases, their heirloom, due to the collapse of the housing market which was one of the effects of the artificial inflation of values caused by unbridled speculation.
Although, without doubt, the rich pay the most taxes, there is a difference between losing money you could not realistically spend anyway (how much money does one need for shelter, food, transportation, education, medical care and the other essentials of modern life?) and losing the house you live in and in many cases, facing bankruptcy and having to live off of handouts.
Although I don't think it is appropriate here to get into a political debate dealing with was arguably the fault of policies of the Bush administration, nevertheless I don't agree with your asessment that getting into debt by the average Joe was necessarily "their own fault". It would not have happened nearly as much if speculation had been kept under tabs, the same speculation that caused the recent inflation of Diesel Fuel prices we have seen in the last few years.
In any case, we are now enjoying more reasonable prices, but the value of our currency has dropped very sharply as a direct consequence so I guess many of us are going to stay home this winter, and this may yet force the prices down some more
Of course stupid people will always find someone else to blame for their stupidity. Nobody forced them to go into debt. It's clearly a case of living beyond one's means. It's a typical liberal scapegoat mentality to avoid personal responsibility and blame something else for one's mistakes.
<Just some more chat!>
One minor detail, if this economic melt down has proven anything, it is that our whole economic syetem is based on going into debt. Otherwise, why in the h*ll did the government try to focus their recovery "bailout" money on opening up access to credit? Sounds like a good remedy for a hangover - get drunk again. If there is another system that will work, I am sure their are some interested politicians who would like to get in good with Main Street by not bailing out Wall Street.
An aside to the latest collapse, much of our credit economy has its roots in oil and it resulted in the economic crisis of the early 1980s. OPEC oil producing states during the 1960s and 1970s were banking so much money that the international banks were lending to everyone and everyone - including many third rate dictators buying up military hardware and building mega projects who never had a hope in hell of paying them back. Of course, the same thing happened and they found themselves over extended with bad loans. In turn the IMF and WB stepped in with their structural adjustment programs sucking the economic blood from those already poor. A previously wealthy company can go bankrupt but the people of a third world country are never afforded this luxury. History does repeat itself - sometimes very soon.
<chat out>
John, I must respectfully disagree with you in the case of the real estate meltdown, it is not as simple as you make it seem.
You cannot fault a house buyer getting a mortgage he could sustain, based on a value that the banks set in the first place. In the present situation problems appeared because the banks lent on overly optimistic future values. So, when prices started to flatten and drop late last year, people got stuck owing much more than they could actually underwrite, and the effect snowballed.
So saying this was simply caused by buyer stupidity is, this case, overly simplistic and inaccurate: clearly, the banks had a big role in this fiasco.
Don't take me wrong, I do agree with you in principle: people should be conservative and thrifty; that's how I was taught and how I've always lived my life. But so many buyers were enticed to buy more than they needed because they were told, by those in the know, that it was a 'good investment'. Although they do indeed have a responsibility in this, those in know are just as reponsible if not more, because, as lenders and money experts, they should have known better.
And they want us to bail them out while the people they lent to are foreclosed upon? If that isn't criminal appropriation and the enrichment of the already wealthy to the expense of the less fortunate, what is?
I see your point. Some folks who had a legitimate mortgage they could afford, now find that the house isn't worth what they owe. No it's not fair, but that's happened before, it's the risk of going into debt to buy something with a fluctuating market value.
Why do I NEED to watch that ?
It explains the monetary system, how it was created, what it's based on, why so many people are in debt, and why millions of people live on less then a dollar a day... Watch it, it's very very educational....
I don't need a movie to see the obvious:
Those whose jobs consisted of making or selling useless s*** that people were buying with money they didn't have, need to re-evaluate their lives and seek better employment. The core of the problem is people being more concerned about making money than what they are doing with their lives.
When the last tree has been felled,
the last fish caught,
the last river poisoned,
only then will you know,
that men cannot eat money.
Perhaps Americans should look at what happened in Argentina, and take steps to avoid going down the same path.
Those whose jobs consisted of making or selling useless s*** that people were buying with money they didn't have, need to re-evaluate their lives and seek better employment. The core of the problem is people being more concerned about making money than what they are doing with their lives.
When the last tree has been felled,
the last fish caught,
the last river poisoned,
only then will you know,
that men cannot eat money.
Perhaps Americans should look at what happened in Argentina, and take steps to avoid going down the same path.
The most important thing is to be open minded, to have empathy for everyone in this world. The fact is banks now control our world, no one wants to be born into a family that can't afford a cup of rice a day. There are corporations that have more money then countries, and now they want bailouts. John, I just think a lot of the information the documentary covers isn't common knowledge to most people. Give it a look, I'm interested to hear your take on it.
Everyone is entitled to there own opinion, but opinions can change...
Everyone is entitled to there own opinion, but opinions can change...
I watched the video. It summarizes what I've been saying for the past 40 years... nobody wanted to listen.
My Country is the World
My Religion is to Do Good
Thomas Paine 1737-1809
The Problem is Money & Economy
The Solution is Technology & Spirituality
The Impediments are: Greed, Corruption, Religions, and the Desire to Control others
Refuse to Participate; adopt a new Paradigm
You must be the change you wish to see in the world. -- Mahatma Gandhi
My Country is the World
My Religion is to Do Good
Thomas Paine 1737-1809
The Problem is Money & Economy
The Solution is Technology & Spirituality
The Impediments are: Greed, Corruption, Religions, and the Desire to Control others
Refuse to Participate; adopt a new Paradigm
You must be the change you wish to see in the world. -- Mahatma Gandhi
Last edited: