$1.50 in upstate NY. Double that in Ontario Canada. Funny actually the low cost of oil makes the CDN$ go lower, which in turn makes it more expensive to import gasoline (Canada imports the half of it's gasoline b/c even though we have tons of oil, we don't have the refining capacity to refine in into gas and it's more expensive to transport it across the country then it is just to import it.) BUT that low CDN$ and high USD$ make it even cheaper to import crude to USA! Which (along with different tax schemes) it's still cheaper even adjusted for FX for a Canadian to buy their fuel in the USA.
I hope you'll see that soon, MakeDollarsSense. I thought it would take forever to get below $2 here... well it actually *did* take forever because many other places were low months earlier. I remember the first time we got gas after it lowered. It was cash, so had to be pre-paid. Overestimated and had to go back in for change from having paid $20... doesn't seem so long ago that it was closer to $40!
That will help a lot of people, but I hope it actually stays that way. I remember when it was that low when I was a little kid.
It's still over £1 a litre here in the UK when it should, according to reports, be around the 86p mark. Some of the supermarkets have cut their fuel prices to 99p per litre but to be honest I would not risk putting that low quality stuff in my car.
I used to think that, too, Susimi... but then someone told me (my oil dude, so he knows) that no matter what people think, most of the stations get their fuel from the very same place... all the same quality. (well, most, I should say... some is still inferior, I suppose) Maybe it's not the same where you are, though. Unless it's purposely "watered down" I've been assuming it's all the same.
I'm also from the UK and the cheapest I've seen it up here in the north is £1.01. I think the real price actually IS around the 86p mark but once the government has added their extra tax on then that where the extra comes from. As for supermarkets selling low quality fuel, it's just a myth and it is actually all the same. Only reason I know that is because I know the manager of a local petrol station that was a Texaco branded garage. Tesco built a superstore at some spare land at the back and instead of building a new petrol station they just bought this one instead. My friend kept his job as the manager but all Tesco did was take down the Texaco logos and branding and replaced them with Tesco signs. The petrol tankers that delivered the fuel was still Texaco ones and they was even driven by the same drivers.
Ah yes.. thank you for confirming this, pwarbi... that's how it is here, too. The delivery trucks all go to the same place to pick up fuel. Just today I saw gas in the same town, about a mile apart, and while one was $2.03, the other was $1.91. I was wondering how many of the people buying at the more expensive price knew that it really wasn't a better product at all.
Hmm, I didn't realise that the low quality fuel at supermarkets was a myth. I was always told that it was cheaper because it contained a lot more sulphur. Looks like I might be going to the supermarkets a bit more in future
Here in Virginia it is about 1.58. I expect it to go lower in the coming weeks. i will be laughing all the way to the bank. I am i a rural area, and it requires a lot of driving to get to and fro...so I couldn't be happier with these lower gas prices, although I know it is probably not the best thing for the economy.
I want to share how gas quality works in Canada with you guys. My friends parents owned a service station, so this is anecdotal and to be taken with a few grains of salt. All gas comes from a few major refiners (roughly half domestic and half imported) and they are legally restricted to selling a portion of it to smaller chains (so Suncor can't just distribute it's fuel via it's stations, it has to sell to smaller guys.) Gasoline is stored in huge silo type things, and sediments and things will settle to the bottom. So you can guess which gasoline it sells it its stations (top cleaner portion) and which it sells to the smaller players (bottom sediment filled portion.) This is why I don't worry about saving fractions of a penny per L, I always fill up at either Esso or Petro-Canada.
