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Gas Prices

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  • farmaholic
    Senior Member
    • Sep 2010
    • 17471

    Gas Prices

    Anyone notice the gas prices at the pumps....almost $1.20/liter. Where is $145 crude?

    The word competition barely exists in the retail fuel market. Collusive gouging is a much better description.
  • sumdumguy
    Senior Member
    • Mar 2007
    • 11967

    #2
    Originally posted by farmaholic View Post
    Anyone notice the gas prices at the pumps....almost $1.20/liter. Where is $145 crude?

    The word competition barely exists in the retail fuel market. Collusive gouging is a much better description.

    Gasbuddy says Cheyenne gas $1.32 to $1.42, that sounds like about 65 cents a litre.

    Comment

    • sumdumguy
      Senior Member
      • Mar 2007
      • 11967

      #3
      Originally posted by sumdumguy View Post
      Gasbuddy says Cheyenne gas $1.32 to $1.42, that sounds like about 65 cents a litre.


      And our Canadian refineries are buying Canadian crude at $44.90 a barrel and Americans are buying Brent at $64.90. Go figure Farmaholic.

      Comment

      • RD414
        Senior Member
        • May 2011
        • 616

        #4
        Rack price in Saskatoon is 70 cents for 87 octane gas and .82 to .85 cents for diesel. Getting some good markup in the city.

        Comment

        • GDR
          Senior Member
          • Oct 2016
          • 1659

          #5
          Originally posted by RD414 View Post
          Rack price in Saskatoon is 70 cents for 87 octane gas and .82 to .85 cents for diesel. Getting some good markup in the city.
          If Rack price means wholesale that's pretty good margin on fuel with the volume they would pump. years ago I had friends with a service station and they said they only had 5cents margin and I thought that wasn't very good but 40 or 50 cents is insane

          Comment

          • bgmb
            Senior Member
            • Jan 2007
            • 1645

            #6
            Anyone know if there is a way we can buy wholesale

            Comment

            • RD414
              Senior Member
              • May 2011
              • 616

              #7
              Rack price does not include taxes, and is where all wholesalers like Esso, petrol can, fast gas etc. get their bulk fuel from.

              Comment

              • fjlip
                Senior Member
                • Oct 2002
                • 9796

                #8
                Originally posted by bgmb View Post
                Anyone know if there is a way we can buy wholesale
                OUR crude/gas in the USA

                Comment

                • bgmb
                  Senior Member
                  • Jan 2007
                  • 1645

                  #9
                  Originally posted by fjlip View Post
                  OUR crude/gas in the USA
                  Ok so with free trade can i bring a load across

                  Comment

                  • fjlip
                    Senior Member
                    • Oct 2002
                    • 9796

                    #10
                    Originally posted by bgmb View Post
                    Ok so with free trade can i bring a load across
                    And PAY all taxes at CUSTOMS, no problem?

                    Comment

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