goducks10
Jan 11, 2016Explorer
.88 diesel
Filled up my truck yesterday with diesel from Safeway. Price was $187.9. With my Safeway rewards of $1.00 I put in 19.78 gals for $17.39. Been a long time since I've seen it this cheap.
brulaz wrote:Likes to tow wrote:
Folks this is an election year. Don't get all excited about low gas prices. Can't you see what is happening? We were told a number of things after 2008 that explained why oil prices suddenly went through the roof. Aren't all those things still in place? Has gas come down in price around the world? Have new refineries come online? Do we have the pipe line? Think!! It ain't going to last much beyond early 2017.
Not sure if facts mean anything to you, but, Yes, gas has come down in price around the world! Less than Can$1 per litre here in Ontario.
And this is happening *after* our Canadian elections.
Not everything is a conspiracy, it's just supply and demand. Higher supply from fracking and tar sands, and lower demand due to conservation and efficiency improvements, wind&solar (in a few places).
Also OPEC is no longer cutting back production to try to bolster prices, because it won't work with all the new sources in N.A. Instead they're just pumping out as much as they can.