Fuel Prices.

**BCMtnHound** · 01-11-2016, 05:01 PM

In BC outside of Vancouver and Victoria areas, 21.17 cents, (14.50 in various gas taxes, and 6.67 in carbon tax). Then add on 10cents Fed excise tax and 5%GST on top of everything.
And we buy our fuel in USD, so add in the 30% loss of The CAD.

**boarddad** · 01-11-2016, 05:15 PM

Still over $3/gal in California. Makes no sense. Worst of all, Gov. Brown is pushing for HIGHER gas taxes! Pisses me off every time I leave the state and come back. Ignorance is bliss...

**snowaddict91** · 01-11-2016, 05:16 PM

Originally Posted by AustinFromSA

So with society's seriously short term memories, how long until Americans forget all about high fuel prices and we start seeing a huge spike in truck and SUV sales?

While I am enjoying every cent I am saving right now, I am waiting for the used truck market to finally implode when gas spikes back up. The truck market here has been nutso for a while now.

sb · 01-11-2016, 05:17 PM

$1.74 in Wangchester VA

**iceman** · 01-11-2016, 05:21 PM

Originally Posted by BCMountainHound

And we buy our fuel in USD...

what's up with that?

**PNWbrit** · 01-11-2016, 05:24 PM

Originally Posted by iceman

what's up with that?

I think he means the world market place for oil being US$?

Not the actual pumps?

**iceman** · 01-11-2016, 05:25 PM

Originally Posted by PNWbrit

I think he means the world market place for oil being US$?

Not the actual pumps?

yeah I dunno, it sounded like he meant at the pump.

**BCMtnHound** · 01-11-2016, 07:34 PM

Originally Posted by iceman

yeah I dunno, it sounded like he meant at the pump.

Nope, most commodities here are priced on the N.American market, so when we see the price of RUG wholesale, it's USD. Price at the pump is CAD which makes direct comparison to pice at the pump in the US a bit difficult. My bad for combining the two.
But ya, BC currently has some of the highest prices at the pump on the continent.

If I have it right, current price is $1.06CAD/litre, which equals $3.09USD/gallon at a $1.30 CAD/USD exchange

**BmillsSkier** · 01-11-2016, 07:46 PM

Soooo is that like a large?

**Bromontana** · 01-11-2016, 07:51 PM

gas should continue going down, crude can't catch a date with a buyer to save it from the 20s. So likely cheaper gas. Beyond that you have seasonal downturn with relatively lower demand. Kind of a perfect storm for cheaper gas prices. Should reverse by summer unless crude can't find support in the 20s, then all bets are off.

**Brock Landers** · 01-11-2016, 08:26 PM

Looong way to go before we get to summer gas (you know this as well as anyone)

1.99 at the Hess in Southie.

**crashtestdummy** · 01-11-2016, 09:32 PM

Over $2.00 a gallon in southwestern Utah. Being constantly raped is the price you have to pay to live in paradise.

**MontuckyFried** · 01-11-2016, 10:00 PM

And ironically, airlines as a whole decided to hike up their prices.

I don't get it. When fuel went up, businesses had to raise the price of products across the board (understandably). But now that fuel prices are way, way, way back down, we're still seeing (now seemingly bogus) "fuel surcharges", and the prices of goods and services haven't gone back down accordingly whatsoever. Grrrrrrr.

**Skidog** · 01-11-2016, 10:16 PM

Under 2$ here in slc valley. Costco was $1.89 the other day. I've heard some locations across the US will be close to 1$ gallon soon. Prices not seen since late 90s
OPEC is dead. Soo much surplus.

**Bromontana** · 01-11-2016, 10:18 PM

Originally Posted by AustinFromSA

And ironically, airlines as a whole decided to hike up their prices.

I don't get it. When fuel went up, businesses had to raise the price of products across the board (understandably). But now that fuel prices are way, way, way back down, we're still seeing (now seemingly bogus) "fuel surcharges", and the prices of goods and services haven't gone back down accordingly whatsoever. Grrrrrrr.

just going to leave this here. Not sure what reality formed the opinion above, but I just flew back east and it was well under $1k round trip for me and the gf. On delta, direct.

Bob Harrell of Harrell Associates LLC, which tracks about 300 big domestic routes from the three largest airlines, estimates the lowest leisure fares in late December were down 24% on average from a year ago, with prices from Chicago down 54%, Philadelphia down 48%, and Dallas down 40%.

http://www.wsj.com/articles/airlines...res-1451436462

**iceman** · 01-11-2016, 10:22 PM

It doesn't seem like Southwest's fares have come down. In the past they've really hedged on fuel and it's paid off for them bigtime but I think maybe they're on nthe hook for some expensive fuel now.

I just booked a roundtrip to slc on Delta and first class was cheaper than Southwest Anytime fares. It was a heavily discounted fare and only that flight was at that price, but hey I booked it.

**skiballs** · 01-11-2016, 10:27 PM

Originally Posted by iceman

I just booked a roundtrip to slc on Delta and first class was cheaper than Southwest Anytime fares. It was a heavily discounted fare and only that flight was at that price, but hey I booked it.

You mind saying when?
BWI, nonstop?

**Bromontana** · 01-11-2016, 10:29 PM

Originally Posted by iceman

It doesn't seem like Southwest's fares have come down. In the past they've really hedged on fuel and it's paid off for them bigtime but I think maybe they're on nthe hook for some expensive fuel now.

I thought they abandoned the hedge fund model of resource planning?

Looks like overall declines were lower:

Overall declines for much of 2015 were smaller, but still significant. A December study of most North American airlines found that North American economy-class ticket prices fell 5% through the first 10 months of 2015 over the year-ago period.

**Tippster** · 01-11-2016, 10:37 PM

Originally Posted by iceman

It doesn't seem like Southwest's fares have come down. In the past they've really hedged on fuel and it's paid off for them bigtime but I think maybe they're on nthe hook for some expensive fuel now.

I just booked a roundtrip to slc on Delta and first class was cheaper than Southwest Anytime fares. It was a heavily discounted fare and only that flight was at that price, but hey I booked it.

The outbound prices for President's Day weekend are retarded. This will be the first time that I've had to fly from BWI to SLC with a stop, and it was still $250 one way on the cheapest "wanna get away" price.. on Thursday, not Friday. Glad I bought when I did a few weeks ago, because that ticket is now "unavailable" and the "fly Anytime" price is almost $550. One way. At least I have a non-stop flight back.

Last year it cost me $300 r/t non-stop both ways. Is that weekend when Sundance is going down?

**iceman** · 01-11-2016, 10:54 PM

Originally Posted by skiballs

You mind saying when?
BWI, nonstop?

Yeah Delta BWI-SLC direct 7:30 AM Wed and return I think like 9:50 AM Sun. I only looked at this week, not sure if they have this fare other weeks, but this week the fare is pretty cheap, Like $360 R/T

**4matic** · 01-11-2016, 11:01 PM

Oil and gasoline crushed again tonight. Down another 2% to fresh lows.

**skiballs** · 01-11-2016, 11:04 PM

Damn, that's sweet. Delta says $1100 now.

**boarddad** · 01-11-2016, 11:34 PM

Originally Posted by BCMountainHound

Nope, most commodities here are priced on the N.American market, so when we see the price of RUG wholesale, it's USD. Price at the pump is CAD which makes direct comparison to pice at the pump in the US a bit difficult. My bad for combining the two.
But ya, BC currently has some of the highest prices at the pump on the continent.

If I have it right, current price is $1.06CAD/litre, which equals $3.09USD/gallon at a $1.30 CAD/USD exchange

Isn't BC doing the "carbon credit" thing that CA followed? If so, the fact that those are the only two places in North America selling gas >$3/gal should tell you all you need to know about what a scam that is.