Sunshine (she/her)@lemmy.ca to Canada@lemmy.caEnglish · 12 days agoThree years of roaring oil prices could be coming to an endwww.cbc.caexternal-linkmessage-square7fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkThree years of roaring oil prices could be coming to an endwww.cbc.caSunshine (she/her)@lemmy.ca to Canada@lemmy.caEnglish · 12 days agomessage-square7fedilink
minus-squarePapamousse@beehaw.orglinkfedilinkarrow-up0·12 days agogas in great Montréal: 1.52CA$/L gas in USA couples minutes drive: 1.12$CA/L I just filled my tank, ~60L, saved 24$CA
minus-squareSunshine (she/her)@lemmy.caOPlinkfedilinkEnglisharrow-up0·12 days agoDang those are some nice prices!
minus-squarePapamousse@beehaw.orglinkfedilinkarrow-up0·12 days agoYup I was surprised to see the gallon for US$3, so 3*1.4 (exchange rate) = CA$4.2 per gallon, divide per 3.78 and it makes CA$1.11 per liter
minus-squareAvid Amoeba@lemmy.calinkfedilinkarrow-up0·edit-212 days agoGenerally pump prices aren’t greatly influenced by oil prices, unless there are large swings. I don’t recall the exact breakdown of the pump price but there are explainers out there. What stuck with me is that the oil price isn’t a huge driver.
minus-squarei_love_FFT@jlai.lulinkfedilinkarrow-up0·11 days agoPump prices are affected by oil price: when oil goes up, pump price goes up. When oil goes down, pump price goes up. Simple as that ;)
gas in great Montréal: 1.52CA$/L
gas in USA couples minutes drive: 1.12$CA/L
I just filled my tank, ~60L, saved 24$CA
Dang those are some nice prices!
Yup I was surprised to see the gallon for US$3, so 3*1.4 (exchange rate) = CA$4.2 per gallon, divide per 3.78 and it makes CA$1.11 per liter
Generally pump prices aren’t greatly influenced by oil prices, unless there are large swings. I don’t recall the exact breakdown of the pump price but there are explainers out there. What stuck with me is that the oil price isn’t a huge driver.
Pump prices are affected by oil price: when oil goes up, pump price goes up. When oil goes down, pump price goes up. Simple as that ;)