Vancouver Auto Chat 2016 VAC Community Head Moderator: Raid3n | | |
07-12-2013, 08:05 AM
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#1 | RS has made me the bitter person i am today!
Join Date: Apr 2001 Location: Vancouver
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| Gas prices set to spike... get ready!
yes..another delicious gas prices thread for 2013...
I believe around town its already at 1.50/L reg effective this morning...but this time it might be a larger spike upwards. Drivers, get ready for a gas price spike - Jul. 11, 2013
Gas guzzlers, be warned: You're in for a whopper of a price jump at the pump.
Prices of oil and gasoline futures have increased sharply in July, according to Gasbuddy.com chief oil analyst Tom Kloza. And these prices will inevitably be passed on to consumers in the coming weeks.
The price of unleaded gasoline could jump by at least 25 cents per gallon in August, said oil trader Dan Dicker, author of "Oil's Endless Bid."
In the last two weeks, gas futures jumped to $3.01 per gallon, an increase of more than 10%. And oil prices have surged more than 10% over the last month.
At the same time, Kloza notes that the price of retail gas "has barely moved." But he does expect gas prices to follow suit, surging by as much as 30 cents a gallon in August.
The national average price for regular unleaded gasoline rose 1.7 cents per gallon on Thursday, to $3.52 per gallon, according to the motorist group AAA. That day-to-day bump may just be the start of a larger run up.
Dicker said the energy markets are being driven by a geopolitical "fear factor" over turmoil in oil-producing countries like Egypt, Syria, Iraq and Brazil.
Also, he said the decline in gold prices has prompted investors to turn to oil, exasperating the energy boom.
"Gold just fell apart," he said. "Hedge funds and traders, they've put their money in the oil market. Crude oil has become the new gold." To top of page
Last edited by Acura604; 07-12-2013 at 08:14 AM.
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07-12-2013, 08:27 AM
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#2 | I only answer to my username, my real name is Irrelevant!
Join Date: Oct 2002 Location: CELICAland
Posts: 25,668
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when oil prices drop "oh well the oil we're serving customers now was purchased at a high price"
when oil prices rise "OMFG WE HAVE TO COMPENSATE SUPPLY AND DEMAND PRICES MUST GO UP!!!"
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07-12-2013, 08:31 AM
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#3 | Meow
Join Date: Dec 2010 Location: Burnaby
Posts: 1,286
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That v6 is starting to seem like a bad idea now...
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07-12-2013, 08:31 AM
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#4 | 14 dolla balla aint got nothing on me!
Join Date: Dec 2008 Location: Vancouver
Posts: 655
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$170 to fill up my truck today
__________________ RB26DETT - Inline-6 Twin-Turbo Charged kazitorii tuned JUN/NISMO/GReddy built motor cars ltd.
{{Statistics are like a bikini. What they reveal is suggestive but what they conceal is vital }}
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07-12-2013, 08:33 AM
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#5 | Zionism gets my shell hard and slimy
Join Date: Jun 2012 Location: in a shell
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89 civic is getting close to 70$ to fill |
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07-12-2013, 08:47 AM
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#6 | MiX iT Up!
Join Date: May 2006 Location: vancouver
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In other news ... the demand for jerry cans has also increased.
In other news ... expect longer line ups at local USA/Canada borders.
In other news ... USA border towns experiencing record growth from Canadian shoppers even though the greenback is higher than the loonie.
In other news ... tranlink prepares to cut services and plan road tolls as revenues from various gas related taxes fall.
__________________ Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.
Make the effort and take the risk.. "Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt |
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07-12-2013, 09:10 AM
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#7 | 14 dolla balla aint got nothing on me!
Join Date: Jun 2013 Location: Richmond
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Looks like I'll be putting this Upass to good use Posted via RS Mobile |
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07-12-2013, 09:58 AM
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#8 | I answer every Emotion with an emoticon
Join Date: Apr 2005 Location: Vancouver
Posts: 7,760
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Good thing I got my nexus pass a month ago. Should be making regular trips down the the states Posted via RS Mobile |
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07-12-2013, 10:03 AM
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#9 | OMGWTFBBQ is a common word I say everyday
Join Date: Jul 2012 Location: BC
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Just filled up my parents F150 this morning for them... $206.32 (dead empty 136 liter tank...)
__________________ 2021 F150 Platinum FX4 2021 Mustang GT PP1 6MT |
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07-12-2013, 10:09 AM
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#10 | RS.net, where our google ads make absolutely no sense!
Join Date: Mar 2010 Location: vancouver
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Wow, so glad I filled up ytd prior to the price hike. |
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07-12-2013, 10:55 AM
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#11 | OMGWTFBBQ is a common word I say everyday
Join Date: Oct 2008 Location: Coquitlam
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$130 for half a tank of diesel...
__________________ '16 Ram 1500 |
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07-12-2013, 11:08 AM
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#12 | I don't get it
Join Date: Feb 2013 Location: Burnaby
Posts: 403
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You'd think that the government would invest more carbon tax revenues in transit, instead of hawking Bollywood film awards and LNG.
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07-12-2013, 11:22 AM
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#13 | RS.net, helping ugly ppl have sex since 2001
Join Date: Feb 2011 Location: Richmond
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Right now I only have a 50cc ruckus. I was looking to get a new DD but fuck that! 94 was 168.9 at the pump yesterday Posted via RS Mobile |
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07-12-2013, 11:24 AM
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#14 | I want to be a person and not an icon.
Join Date: Jan 2010 Location: Mugello
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| Quote:
Originally Posted by GabAlmighty $130 for half a tank of diesel... | Price of diesel is artificially raised to be close to gas.... Diesel doesn't need to be refined and it costs the same as gas....
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07-12-2013, 11:38 AM
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#15 | I subscribe to the Fight Club ONLY
Join Date: Aug 2007 Location: Paradise, BC
Posts: 7,187
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I was totally shocked this AM when I saw the 151.x price at the gas station. My car had less than 1/2 a tank yesterday, and I actually decided against filling up because I figured it would still last me another few days. |
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07-12-2013, 11:39 AM
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#16 | Diagonally parked in a parallel universe
Join Date: Mar 2002 Location: bc
Posts: 1,405
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Support the Vancouver Bike Lane now and start pedalling to work ! or buy a $1.5 million house in Kits that's beside the Bike Lane |
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07-12-2013, 11:47 AM
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#17 | RS controls my life!
Join Date: Mar 2007 Location: ?
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Fuck! Need to sell or trade in for s 4cyclinder or hybrid... Posted via RS Mobile |
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07-12-2013, 11:55 AM
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#18 | RS has made me the bitter person i am today!
Join Date: Apr 2001 Location: Vancouver
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in all seriousness...not much the average Vancouverite can do .. I mean.. u still gotta drive... get from A to B...at the end of the day, we're all just gonna have to suck it up and pay up. SOme of us have the luxury of living near the US border and save close to 30% on a fill up.
it wont stop us from driving what we drive... like death and taxes - need for gas is up there too.
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07-12-2013, 11:55 AM
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#19 | Survivor MOD
Join Date: Jan 2012
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those solar powered prius' are starting to look mighty tempting
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07-12-2013, 12:05 PM
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#20 | #deephouse
Join Date: Mar 2010 Location: Vancouver
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yolo v8.
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07-12-2013, 12:29 PM
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#21 | WOAH! i think Vtec just kicked in!
Join Date: May 2001 Location: Vancouver, BC,
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Went from trading in one 91 octane car to another a month ago... sigh.
Darn me for not wanting to drive a base model commuter.
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07-12-2013, 12:39 PM
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#22 | WUB WUB WUB WUB WUB
Join Date: Oct 2007 Location: Surrey
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Got to pay to play I guess
__________________ FEEDBACK (9-0-0) SPOTTED Quote:
Originally Posted by slowguy fuck you hipster | Quote:
Originally Posted by trollguy then fuck you hipster akinari | Quote:
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07-12-2013, 12:52 PM
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#23 | Where's my RS Christmas Lobster?!
Join Date: Sep 2012 Location: Vancouver
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I was going to write and complain in this thread until I saw some numbers on here (Dared3vil0, GabAlmighty, GTrr33, etc)... |
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07-12-2013, 12:55 PM
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#24 | Where's my RS Christmas Lobster?!
Join Date: Jan 2010 Location: RichCity
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15 Bucks to fill up bike |
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07-12-2013, 02:13 PM
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#25 | MOD
Join Date: Oct 2002 Location: VANCOUVER
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15-20 for the gixxer..hehe
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