On Thursday, 5 March 2015 12:23:14 UTC-4, wrote:
On Thu, 5 Mar 2015 05:08:45 -0800 (PST), True North
wrote:

On Thursday, 5 March 2015 08:20:25 UTC-4, John H. wrote:
On Wed, 04 Mar 2015 17:54:56 -0500, Wayne.B wrote:


The storage problem is beginning to hit US oil producers as tank farms
are close to being full. Once crude oil is pumped out of the ground
it has to go somewhere. If there is no additional room to store
domestic oil it will drive prices downward in the commodity auction
pool, possibly by a large amount. The other good news is that
imported oil will continue to be squeezed out of the US market and put
additional pressure on the Russians and Venezuela.

I need to fuel up our trawler one of these days with 900 gallons of
diesel before we take off for a spring cruise. I've been delaying in
the expectation of lower prices. Stay tuned.

http://www.houstonchronicle.com/business/outside-the-boardroom/article/Traders-can-t-ignore-oil-storage-limits-much-6114400.php

Hope you're right. Around here diesel has started its climb. It never got below $2.79
in the first place.
--

Guns don't cause problems. The behavior
of certain gun owners causes problems.

What are you crying about?
Here gas is $1.08 per liter and diesel around $1.30. Tomorrow that will most likely change as our sister province next door just raised their prices today.
At one time they used to claim our prices were based on some imaginary New York price. Saw in the news a week or so ago that now it's a more expensive European 'Bent' price our government regulators use.
I think the government regulators and oil companies go around to find the most expensive crude in the world to base their calculations on.

I bet the taxes make up the difference. The last time I looked you
were paying as much or more taxes on a liter as we pay on a gallon.
There is a federal tax a province sales tax, a GST/HST, a transit tax,
maybe a province fuel tax and a carbon tax, depending on where you
live.

... but you get free medical care ;-)

Yes, taxes do make up a large part of the difference, and it seems to be in the government's interests to have high gas prices since their taxes are a percentage of the refiners costs..and then we tax the taxes with the 15% HST added. But on the other hand...that "free" medical care is a very good price. (as they say in Noo Yark)
Just had my last visit with my specialist re the PMR I'm recovering from.
I believe this was the 4th visit and she billed me $0.00. That included blood tests before each visit. Yessir...a very good price!