Topic: Cheap gas

[Blue01]

I've been following the falling price of gas in BC, with Kamloops leading the rush.   A couple of weeks ago it was down to $1.07, then it went up a bit and then this week it was down to $1.04.
Costco is the guilty culprit!, with Chevron following close behind.

Now I see it is the Courtenay/Comox area with gas down to $0.989, and again, there's Costco and Chevron.   Wow, never thought I'ld see gas below a buck.

This has got to be hard on the independent stations, as they are having to buy their gas for prices that range from $1.15 to $1.22.  The stations that are pushing this gas war are the ones owned by the gas companies.  The independents either keep their price around the break-even point and only get a few customers, or they drop them and the more gas they sell, the more money they lose.  Sucks for them, but great for the consumer.

[Gardiner Westbound]

The domestic oil cartel did the same thing in this area. They drove the independents out of business. We now have the highest gasoline prices in Southern Ontario.

The Competition Bureau's eagle-eyed civil servants who stand on guard for consumers did exactly - nothing!

[Winklovic]

Will we see gas this cheap again?

Picture was taken January 1, 2009 in Grand Forks, North Dakota.

[safristi]

  yeah but their Queen size blankets are $2,499.......Brrrr