So I woke up this morning, and on my daily run to the gym, I passed by my neighborhood gas station... Imagine my surprise to see that premium gasoline was going for $1.99/gallon. I always thought the day that gas prices reached $2.00 in Houston would signal the end of the world. So, I'm driving home tonight, and as I pass Woodway & Sage, I see a Mobile that is selling premium gasoline for a whopping $2.01!! Cue the R.E.M. music... I'm utterly flabbergasted.
so i'm getting better prices than you??? that's crazy, cuz everybody here (Vancouver) is in an uproar over them...somewhat. it's the highest i can ever remember them being. yesterday's comic had a sketch of 3 people looking up into the sky and read ... "it's a bird, it's a plane, it's our gas prices"
oh . well, good news is if i drive 25 minutes to the outskirts of the lower mainland i can get it for 84.9/litre -- i just gotta make sure i fill up whenever i'm out that way. and hey...the brits are paying something like $1.25/litre
Premium is 1.98 around here in VA... the cheap stuff is at 1.87, not exactly cheap either. glad i dont have an SUV...
Gas prices actually went up almost everywhere in the entire world recently. Prices went up by 20% in Dubai.
does M stand for Math? because one gallon is approximately two liters... so hopefully you were being sarcastic.
Lovely. I'm driving from Alaska to Oregon next week in a guzzling Ford F250, coming down through Vancouver and the Island and the lower mainland. It's $2.05 in Fairbanks right now, but the big news here is that it's gone up 42 cents since March.
This is a simplified answer, but one some of you might like to know. The EPA, as part of the Clean Air Act, requires a reduction in the sulfur content of gasoline beginning in January of this year. The EPA is allowing a step down reduction, which has oil refiners spending their capital on new technologies and processes to lower sulfur content. Many refiners began this process years ago, so they could have low sulfur gasoline on the market beginning this year. Others, mostly foreign producers, are just now working to lower the sulfur content of their gas. The result...lower inventories of market ready gas, less money for exploration, more money spent on capital investment, and no competition from cheap foreign gas companies all add up to higher gas prices. Prices will come back down (how much is not yet known) once US producers complete the upgrades to their refineries and foreign producers meet the low sulfur standards.
