The Useless East Canada thread!
oh, and morning ... it's FRIDAY 
man, it was cold yesterday, not just at the meet. when i washed my z after work, i was shivering pretty bad and the water wasn't drying as fast as it was during summer so it took more wipes to get her dry
maybe i should invest in some ONR?
man, it was cold yesterday, not just at the meet. when i washed my z after work, i was shivering pretty bad and the water wasn't drying as fast as it was during summer so it took more wipes to get her dry
maybe i should invest in some ONR?
I half expected my outside temp display to spell out "****ING COLD" today instead of actually giving me a temperature lol... It took forever for my rear window to defog.
On the bright side, gas is UNDER a dollar! I saw 99.3! Sadly, I'm at 3/4 tank, and can't really make use of it.
On the bright side, gas is UNDER a dollar! I saw 99.3! Sadly, I'm at 3/4 tank, and can't really make use of it.
i've always wondered how they determine the price at the pumps relative to the price of crude oil on the world markets.
for instance, the price for crude oil is currently falling and closed at $72 a barrel yesterday and yet we're still paying 99 or so cents a litre. on the flip-side when oil prices were rising, we seemed to pay a relatively direct relationship to the market price ($109 a barrel meant $1.09 at the pumps).
something doesn't add up ... any econ. analysts here want to explain?
for instance, the price for crude oil is currently falling and closed at $72 a barrel yesterday and yet we're still paying 99 or so cents a litre. on the flip-side when oil prices were rising, we seemed to pay a relatively direct relationship to the market price ($109 a barrel meant $1.09 at the pumps).
something doesn't add up ... any econ. analysts here want to explain?
Registered User
Joined: Apr 2007
Posts: 220
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From: toronto, canada
Im wiht great west life.
Basically, I think it has to do with futures. The oil that they have now, was bought at the older, higher price, and they have to sell at that price to make their margin. The scam occurs when the oil price goes UP, because they're selling you oil they bought for cheap, for the new higher price.
Basically, I think it has to do with futures. The oil that they have now, was bought at the older, higher price, and they have to sell at that price to make their margin. The scam occurs when the oil price goes UP, because they're selling you oil they bought for cheap, for the new higher price.
