canadian dollar raising

Canada
November 12, 2007 1:49pm CST
A year ago gas prices were around 85 cents a litre and at tha time the canadian dollar was worth like 88-89 cents per american dollar. And now the dollar is at a soaring raise and our gas prices are totally sky rocketing! What do you think the government should do about that? What about us? What should we do?
1 person likes this
3 responses
@patgalca (13962)
• Orangeville, Ontario
12 Nov 07
It's a no-win situation. Yes, our dollar is stronger than the U.S. dollar, but what has that gotten us? Stores like Walmart and Zellers and Sears have said they are lowering their prices but I haven't seen any difference in the stores. None whatsoever. We are still paying way more for product we can get cheaper in the U.S. On top of that, companies are shutting down and laying off their employees. As for gas, they've got us where it hurts most. We need gas. They know we will pay for it no matter what the cost. I'm just sitting back and waiting before I finish my Christmas shopping but I'm not holding my breath that prices will drop.
• Canada
12 Nov 07
wal mart has actually dropped some of there prices ive seen for myself ive herd alot of companies have to sell the product still for the same price even thou the dollar is going up. They say when they did there contracts with the supplier were from 2 years ago when the dollar was garbage basically so now that the dollar is good they are still forced to sell it for what they paid for it in the contract from 2 years ago. but ive herd of kia the car dealership selling there vehicles and offering interests rates by some of those in the United States. and the gas prices will never change because like you say were in need for it.
@dania12 (124)
• Canada
9 Dec 07
- Make extra money is in your interest... * Did you find a website or a way to GET THIS EXTRA MONEY YOU Patgalca?? - i am really looking, because i need $1400 to get the little Subaru Justy , i saw at the garage beside us in the neighboroud !! * I must get this $$ before Spring, told me the garagist owner of the car in repair now!! * I am close Montreal, i saw you are in Canada too... cold ? snowy hey? haha Dania x
@wahptb (189)
• Canada
12 Nov 07
The government will not do anything. The majority of the price of gas is government taxes anyway (more than 50%). They are not going to give up this cash cow ever. The price has more to do with the price of a barrel of crude oil. It's around $100 per barrel US which is almost double what it was around the time of the gulf war. Our dollar might be stronger now but that only means we get less money for exporting our Canadian oil to the US. The best thing you could do would be to get the most economical means of transportation possible for you. If you haven't accepted it yet SUV's are big useless gas guzzlers. Most of them I wouldn't trust offroad (which is what an suv is supposed to be made for) and they end up being a lot more dangerous because drivers often believe that they are impervious to harm on the road and become much more careless. Car pool to work especially if it's downtown. Try using public transportation. Other than not consume gasoline we will always be at the mercy of gas prices.
• Canada
12 Nov 07
yes i agree with public transportation and people car pooling but still there should be some type of reward from the guverment to people who do car pool there is to much of a high demand on gas because of all people buying these "BIG" suv's with one single individual driving them so sure we can see where the gas prices are coming from i just dont understand how it goes up and down sorta like an interest rate just vary's whenever they feel the time is right to change it
@wahptb (189)
• Canada
12 Nov 07
Prices varying are simple. The price of a barrel of crude oil changes daily. Gas companies adjust the price of how much they sell gas from the refinery based on how much it cost them to produce it that day. They won't be producing using the crude oil they purchased that exact day so for us there is no real way of determining that ok because crude oil is $100 per barrel today gas will be at $1.00/ litre. The other real reason prices seem to vary so much often a 10 cent difference within a week or a day is simply marketing and profits. Gas companies need to be able to raise the price whenever there will be a high demand for gas. So that it doesn't really show, they are always changing the price, usually by fractions of a cent. This gives you the impression that you are actually saving money when the price goes down from 90.9 to 90.5. By doing this they can raise the price drastically at any time they need to because we are used to seeing it happen. Big holidays and week-ends are the worst you can expect the price to be at it's maximum 2-3 days before the beginning of a holiday.
• Canada
12 Nov 07
well around this time last year it was 87 around there. People have told me inside the gas stations (employees - owners) that usually in the winter the prices drop less people going out as in the summer when the weather is alot nicer more people travelling then driving to further places then you would be durring the winter months
@Nykkee (2524)
• Canada
12 Nov 07
Aveeno Shave Minimizing Lotion - This lotion is supposed to slow the grow back time on your leg hair or anywhere else you shave.
I don't know. Thinking about it just makes me want to rant and rave and scream and curse and send hate mail and possible cat poop to the government. Maybe they can't do math? Maybe they have the minus button confused with the multiplication button on thier calculator and the gas pricing place, I don't know, but it's making me mad too.
@Nykkee (2524)
• Canada
12 Nov 07
Grr i am etting so tired of this picture jumping to a different thread that the one you attach it to crap.
• Canada
12 Nov 07
it just doesnt make any sense like right now its at 1.02 a litre and thats just regular how about all these people who have high end "Performance" cars there paying a 1.30 around there its just ridiculous.