The price of gas in Vancouver is inexplicable
Oh well, if you live around Vancouver, you might want to check Gas Buddy and drop by your local gas station ASAP.
Apr 15th, 2019 1:51 am
Apr 15th, 2019 2:06 am
Apr 15th, 2019 2:23 am
Apr 15th, 2019 2:39 am
Apr 15th, 2019 3:01 am
Apr 15th, 2019 3:06 am
Apr 15th, 2019 6:19 am
Lol? Is that seriously what the delusional think?
Apr 15th, 2019 7:01 am
BC used to have 7 refineries and now is down to only one in the lower mainland. (plus one in Prince George)StatsGuy wrote: ↑ Lol? Is that seriously what the delusional think?
They think pipelines in Canada is to ship refined gasoline? How's shipping heavy crude to China going to lower domestic gas prices? Prices are high in western Canada because of refineries in US and their capacity
The oilsands is not usable and unwanted by North American refineries, there's no demand for it anywhere and has no relation to price at pumps. Totally different product
Apr 15th, 2019 7:16 am
It's actually because of lack of demand with capacity from the states and can't refine the heavy oil from Canada anyways so shut down.
Apr 15th, 2019 7:23 am
Apr 15th, 2019 8:49 am
are you sure about that? sure, lighter oil may be "better" from a refining standpoint but there are still many refineries in the US that are set up to refine heavy crude - like our oil sands. with the issues in venezuela where do you think those refineries are getting their oil from?? they would take more but pipeline constraints are capping supply. why do you think there is such an increase in crude by rail shipments?StatsGuy wrote: ↑ Again, refineries in North America (and around the world) don't refine heavy crude from our oil sands , with fracking in US now so plentiful, there's minimal demand for oilsands crude
People really are clueless and think all oil is the same when that's not reality, nobody wants our heavy crude especially when light sweet crude is so plentiful from the states and all the refineries are refining light crude and not heavy crude
Unfortunately for us, our reserves are for the low demand low grade heavy crude that nobody wants unless oil is well north of $100 barrel when it makes a bit more economical sense to refine that that low quality stuff we have
I mean for what you believe to be true and have logic, oner would ask how there was enough supply for 7 refineries before and just enough for one now when the pipeline capacity is same
Reason is US fracking and much better quality oil is available and more economical than our heavy crude
Apr 15th, 2019 9:14 am
Not all folks in BC are paying these high prices. Vancouver city is where it is very high because of the additional municipal tax on gas. There is a 17 cent per liter tax for Vancouver public transit. https://vancouversun.com/news/local-new ... ys-premier
Apr 15th, 2019 9:33 am
Apr 15th, 2019 12:04 pm
has nothing to do with not able to get crude, More to do with collaboration( Collusion) in the oil industry in Canada to keep prices high, Not even anything to do with not enough demand, Since a lot of gasoline is imported from the US Yet in Canada refineries keep shutting down.
Apr 15th, 2019 12:12 pm
OK, keep the conspiracy theory alive