Gas prices!!! Getting out of hand, read this e-mail I got & pass on

[hound96]

i havent used esso or petro for over a year now

[phi delt reefer]

I dont believe there will be a substanial impact for this reason;

all gasoline companies make gasoline for each other. So if there is a petro canada refinery thats local to you - chances are that they are making gas for Esso/Canadian Tire/Loblaws/Shell/etc for every station in a 100KM radius. They custom blend each batch so Esso users get their type of fuel, shell gets theirs, etc. There are slight differences and propietary additives after all. But they all come out the closest refineries. <<GOD I CANT SPELL>>.

We need to convince our government to regulate the price of fuel and start reducing our need for fuel and fuel byproducts (ie plastic) - I know I know easier said then done but fuel is a limited resource and with a global economy all it means is that we dont want to pay what multi national corps want for fuel then somebody else will. Argentina nationalized their oil and fuel and its pennies a gallon there. Why on earth are we sending our stuff (oil sands) to the states so we can just buy it back from them?!?! Government does a lot of short term thinking because they are only in power for 4 years so they make lots of expensive short term decisions to buy votes.

[sphelps]

This same advice has been offered every year for the last decade every time gas prices go up. I'll continue to fill up where it's convenient.

[hillbillyreefer]

Because supply and demand have no influence over the price of commodities?

Most welders I know don't mind high fuel prices. It means they have jobs to go to.

[fencer]

The thing people have to ask is who sets the gas price. If you start at the service station and work your way up the food chain. To my knowledge nobody has tried this

[mark]

Still gets me that the price goes up for produce sitting in the storage tank based on a future delivery price. I could swallow the money grab easier if the price only went up after the tanker truck doing the fill drove away.

[fencer]

A refinery must keep running so they buy futures as a hedge to ensure a supply and at a predictable price. For a refinery were to buy on a month to month basis on the spot market is suicide. I suspect the price adjustments occur on the business side, the refinery just outputs at price X. It is true that smaller companies buy there gas form the refineries of the bigger companies. The difference is the additives. Did anybody notice the sign on CDN tire gas..."may contain up to 10% methanol"...and this is not just a winter thing...they use butane for that