Quote:
Originally Posted by robwod
Out here on the East Coast of Canada, gas prices dropped 5 cents a litre to $1.29/litre... that's the lowest I have seen it in months, maybe all year.
I remember when gas was 76 cents a litre here and then Katrina hit the Southern US and poof, prices at the pump here jumped to approximately $1.33/litre back then.. nearly double the cost -- and the explanation was simply "Katrina". In the nearly 10 years since, I've seen prices dip below $1.00/litre once, for about a 2 week period.
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I filled up yesterday at $1.22 - but that was an isolated station (Cdn. Tire) - most others were still between $1.25 - $1.28.
But it's not just the gap between crude and at the pumps, it's the price manipulation from one city to the next that ticks me off. One week we'll be higher than the neighbouring city, the next it flip-flops and we'll be significantly lower. There's no rhyme or reason, other than they're playing games with consumers.
I've long suspected they manipulate prices on a municipal level to keep large numbers of people in a widespread area from getting too angry for too long. I'm convinced that oil execs have figured out that a rollercoaster pricing index is the best way to avoid mass consumer anger on a sustained basis. People get pissed in one city for a short time, then grow comparatively quiet when the rollercoaster goes down.
Those of us who live in one city and commute to work in another (myself included) tend to notice it the most.
GasBuddy is the most-used app on my SG4.
