Gas price - what on earth ?
 

Monday 128.9
Wednesday 123.9
Thursday 121.9 then 120.9
Today (Friday) 129.9

:confused:

Just about the same in YYZ.

129.7 today, but they've been on a roller coaster this week

Macleans covered this well recently -

Big pain at the gas pumps

It’s not just drivers feeling the heat. Why volatile fuel prices are killing the economy.

http://www2.macleans.ca/2011/05/25/b...-at-the-pumps/

If you think that's painful, compound that with needing to buy 94 octane for a modified car. Ouchie.

so humm...what else is new?

That has been happening every week since weekend were invented which was pritty much when dinosaurs ruled the place

by swinging the prices the oil cartels make themselves and their buddies rich, this is typical markets in action

You have 3 components at play:

1) crude oil price

2) refinery margins

3) retailer margins

I think the dip you saw was most likely no. 3 with someone starting a price war.


... CR do you have? 12:1 or higher?

It's pretty new here out West*; all stations charge the same and frequent ups-and-downs aren't the norm. Down to 120.9 again, so I'm assuming the 129.9 was an error. Luckily I have 3/4 tank right now.

*Yeah, I've seen how it works in Montreal :mad: .

ETA: 111.9 Sunday !

It's not - See the Macleans link I posted above.

...a growing number of experts in the industry as well as academia have come to the conclusion that excessive speculation by traders and investors, aided by ultra-low interest rates and easy money, is severely distorting the market. “You simply can’t explain these levels of volatility by supply and demand because market fundamentals don’t shift that quickly over such a short period of time,” says Michael Greenberger, a law professor at the University of Maryland who, in the 1990s, was in charge of the trading and markets division at the Commodity Futures Trading Commission, the U.S. government agency that regulates commodity futures. “Most observers now believe speculators are actively manipulating oil prices.”

No, not that high. Rather, swapped out stock turbo and increased boost.

YYC is cheaper, about $1.18

What is your engine's static CR and what did you increase boost from and to? I'm one of the believers that higher octane = more non-fuel additives (hence lower calorific content) and one should use the lowest octane one can get away with.

Went down again in YYZ today. 1.249.


Remember the good old days when it was a $0.25/litre??

Back up to 128.9 then down to 125.9 on the West coast. Guys, pick a price and stick with it, 'kay ?

(I remember when beer was 50 cents and smokes under a $1 a pack, and I still couldn't afford them.)

I did see on the news today that the government is investigating these wild swings.

I'm sure they will discover nothing.