Gryphon Rider
Member
Posts: 5227
2000 Tourer
Calgary, Alberta
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« on: March 29, 2020, 01:41:17 PM » |
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Right now in Calgary we have the lowest gasoline prices we have had since the 1990s, at 57.9 cents per litre (Costco). In July 2018, prices averaged $1.38 per litre. Gas is half price and there's nowhere to go with everything shut down due to COVID-19! Are prices that dramatically low elsewhere? I know, convert to USD per US Gallon and it might not look so good in comparison to some US prices, but still...
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Valker
Member
Posts: 3001
Wahoo!!!!
Texas Panhandle
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« Reply #1 on: March 29, 2020, 02:09:22 PM » |
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Right now in Calgary we have the lowest gasoline prices we have had since the 1990s, at 57.9 cents per litre (Costco). In July 2018, prices averaged $1.38 per litre. Gas is half price and there's nowhere to go with everything shut down due to COVID-19! Are prices that dramatically low elsewhere? I know, convert to USD per US Gallon and it might not look so good in comparison to some US prices, but still...
It's around $1.49 per gallon here. That is about 40 cents/liter. |
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I ride a motorcycle because nothing transports me as quickly from where I am to who I am.
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Robert
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« Reply #2 on: March 29, 2020, 02:45:11 PM » |
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“Some people see things that are and ask, Why? Some people dream of things that never were and ask, Why not? Some people have to go to work and don’t have time for all that.”
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jmint
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« Reply #3 on: March 29, 2020, 02:51:41 PM » |
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$1.63/gallon in the southern Raleigh, NC area right now.
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shadowsoftime
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« Reply #4 on: March 29, 2020, 03:05:13 PM » |
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1.18 a gallon 100% gas, 87 octane.
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Rams
Member
Posts: 16275
So many colors to choose from yet so few stand out
Covington, TN
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« Reply #5 on: March 29, 2020, 03:19:45 PM » |
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Last time I checked, crude oil was just below $30.00 US per barrel. About $55 is considered break even as I remember. Now add in COVID 19 and social distancing, I believe you can expect it to drop even more.
Rams
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VRCC# 29981
Learning the majority of life's lessons the hard way.
Every trip is an adventure, enjoy it while it lasts.
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Beardo
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« Reply #6 on: March 29, 2020, 03:37:36 PM » |
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With an economy and a dollar based heavily on the price of oil, I’m taking no pleasure in the cheap gas.
I’d be much happier with $70/bbl of oil and gas at $1.20/l.
These games being played by the Saudi’s and Russians are not what we need right now. Oil would have dropped just from the drop in demand alone, but not this much.
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Crackerborn
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« Reply #7 on: March 29, 2020, 04:03:53 PM » |
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The spouse works for a food distribution company that buys diesel at wholesale. The last time they filled the in-ground tanks, diesel was $1.35/gallon(US). She had to get IT to give her rights to enter the price since the program parameters would not allow it. I filled the government motors pick-up last week at $2.35/gallon and the price has dropped to under $2/gallon in places since then.
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Life is about the ride, not the destination. 97 Valkyrie Tour 99 Valkyrie Interstate  |
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sandy
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« Reply #8 on: March 29, 2020, 04:46:07 PM » |
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The PHX area is still ripping us off. It’s come down to $2.55 from $2.99 a month ago. Ninety miles up in the MTNs, it’s .30 cents cheaper. AND it costs more transportation to get it up there.
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The emperor has no clothes
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« Reply #9 on: March 29, 2020, 05:13:29 PM » |
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The PHX area is still ripping us off. It’s come down to $2.55 from $2.99 a month ago. Ninety miles up in the MTNs, it’s .30 cents cheaper. AND it costs more transportation to get it up there.
It's still $2.49 here.  |
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F6Dave
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« Reply #10 on: March 29, 2020, 05:28:48 PM » |
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$1.35 around here. In real inflation adjusted dollars that's probably the lowest in history.
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Wizzard
Member
Posts: 4043
Bald River Falls
Valparaiso IN
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« Reply #11 on: March 29, 2020, 05:32:18 PM » |
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1.68 here
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 VRCC # 24157 |
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Sorcerer
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« Reply #12 on: March 29, 2020, 06:05:18 PM » |
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A $1.65 by the house. Don’t forget there are government tax’s in the price.
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Jess from VA
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« Reply #13 on: March 29, 2020, 06:11:54 PM » |
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I have no idea. Excluding trips, with my ordinary local urban travel, I get about 5-6 months to the tank (big tank).
Not the bike, but I keep 25 gallons of the corn-free in the shed too. About 13 left.
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DGS65
Member
Posts: 440
Time enjoy wasted is not wasted time
Nanuet, NY
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« Reply #14 on: March 29, 2020, 06:31:44 PM » |
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I'm hoping diesel will fall like this I need to fill my boat and it hold 432 gallons it would be nice to not break the bank at the pump!
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scooperhsd
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« Reply #15 on: March 29, 2020, 06:33:52 PM » |
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I'm hoping diesel will fall like this I need to fill my boat and it hold 432 gallons it would be nice to not break the bank at the pump!
Diesel is dropping, but not as fast as Gas (2 diesel VWs). |
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Valker
Member
Posts: 3001
Wahoo!!!!
Texas Panhandle
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« Reply #16 on: March 29, 2020, 06:46:47 PM » |
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I'm hoping diesel will fall like this I need to fill my boat and it hold 432 gallons it would be nice to not break the bank at the pump!
Diesel was $1.55 here today. I don't think that lasted long though. Most folks I know filled up. |
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I ride a motorcycle because nothing transports me as quickly from where I am to who I am.
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Gryphon Rider
Member
Posts: 5227
2000 Tourer
Calgary, Alberta
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« Reply #17 on: March 29, 2020, 07:00:57 PM » |
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Those pictures make me wonder if Shell colours and orders their three grades of gas to fool Chevron customers into buying the high-profit premium gas, and vice versa.  |
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Robert
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« Reply #18 on: March 29, 2020, 07:05:15 PM » |
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Those pictures make me wonder if Shell colours and orders their three grades of gas to fool Chevron customers into buying the high-profit premium gas, and vice versa. Glad you said something, it was my thoughts also. I had to pick up gas twice today, that is the reason for the 2 pics. But when I went to the pumps I almost pushed different grades since they were in placed the opposite way. I usually get premium so its not the price, its putting regular gas in a vehicle that requires premium. |
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“Some people see things that are and ask, Why? Some people dream of things that never were and ask, Why not? Some people have to go to work and don’t have time for all that.”
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DIGGER
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« Reply #19 on: March 29, 2020, 07:07:32 PM » |
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Saw a news article said that the price of gasoline could get much cheaper than now as the US companies have contracts to buy foreign oil but they have no place to store it. All storage areas are full.
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t-man403
Member
Posts: 1664
Valk-a-maniac
Calgary, Alberta, Canada.
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« Reply #20 on: March 29, 2020, 07:17:23 PM » |
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Gas is half price and there's nowhere to go with everything shut down due to COVID-19!
No kidding!! I've only fill my work van once with the low prices. |
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"Men are like steel. When they lose their temper, they lose their worth". Chuck Norris
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shadowsoftime
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« Reply #21 on: March 29, 2020, 08:10:15 PM » |
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i guess oklahoma has best price, hu.
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old2soon
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« Reply #22 on: March 29, 2020, 08:54:49 PM » |
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I'm hoping diesel will fall like this I need to fill my boat and it hold 432 gallons it would be nice to not break the bank at the pump!
So how Often ya gotta fill da boat? I've always been a company driver when I was still drivin. Put 300 gals in a big truck couple times. RIDE SAFE. |
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Today is the tommorow you worried about yesterday. If at first you don't succeed screw it-save it for nite check. 1964 1968 U S Navy. Two cruises off Nam.
VRCCDS0240 2012 GL1800 Gold Wing Motor Trike conversion
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cookiedough
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« Reply #23 on: March 29, 2020, 09:09:57 PM » |
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I'm hoping diesel will fall like this I need to fill my boat and it hold 432 gallons it would be nice to not break the bank at the pump!
So how Often ya gotta fill da boat? I've always been a company driver when I was still drivin. Put 300 gals in a big truck couple times. RIDE SAFE. yah, what kind of boat you own that takes 432 fricking gallons of gas? I have a 6 gallon 40hp mercury 2 stroke oil injected motor with 17 foot fishing boat would like to upgrade to 10 gallon gas tank - LOL  since sometimes tooling around am sure less than 1 gallon of gas left before using a paddle to shore. as far as gas prices, I drove 350 miles on interstate today seeing both kids up north with 16 mpg truck and filled up full tank using my kwik trip 15 cents per gallon savings got it for 1.149 normally 1.299 pricing but was E88 being 15 percent ethanol vs. E10 being 10 percent ethanol E10 normal 87 octane gas was 1.499 so for only 5 percent more ethanol can deal with a 20 cents per gallon savings. costco has E10 87 octane gas for only 1.29 but was closed by the time we got back to pump gas today. I am not complaining since when I saw 1.149 per gallon near 30 gallons can deal with that sure hope it goes still lower to 99 cents a gallon as it was in mid 80s last time I remember it under 1 bucks per gallon. |
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0leman
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« Reply #24 on: March 30, 2020, 08:15:11 AM » |
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Just filled up both rigs, truck/car, at a whopping $2.59. It may go lower in the near future, but won't be driving as much. Rain, snow, wind does make for fun riding, maybe later in week.
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2006 Shadow Spirit 1100 gone but not forgotten
1999 Valkryie I/S Green/Silver
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RP#62
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« Reply #25 on: March 30, 2020, 08:26:43 AM » |
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The PHX area is still ripping us off. It’s come down to $2.55 from $2.99 a month ago. Ninety miles up in the MTNs, it’s .30 cents cheaper. AND it costs more transportation to get it up there.
Yup, makes no sense. It was $2.09 in Tucson on Friday. I did see that a Thumbs station on Bell and the 101 was selling gas for $1.95 with a free full service option (they pump). Don't know how long that lasted though. -RP |
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csj
Member
Posts: 992
I used to be a wolfboy, but I'm alright NOOOOOWWWW
Peterborough Ontario Canada
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« Reply #26 on: March 30, 2020, 08:48:09 AM » |
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We go to a reservation to get edibles that help manage my girl's pain issues. At the same reservation we got (corn free) gas at $0.55/L. Lowest price I've seen since early nineties.
Average around the rest of Ontario (gasbuddy) appears to be from $0.60/L up to $0.68/L.
This average is still 40c less than normal.
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A guy called me a Ba$tard, I said in my case it's an accident
of birth, in your case you're a self made man.
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F6Dave
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« Reply #27 on: March 30, 2020, 12:03:24 PM » |
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Saw a news article said that the price of gasoline could get much cheaper than now as the US companies have contracts to buy foreign oil but they have no place to store it. All storage areas are full.
That's true. I spent this morning querying tank capacities and daily production rates. If refineries stop taking oil, you need to know how many days the wells can produce before running out of storage capacity. |
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Romeo
Member
Posts: 1612
J.A.B.O.A.
Romeo, Michigan
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« Reply #28 on: March 30, 2020, 12:37:51 PM » |
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What’s the break even point on oil in order to make fracking an alternative? I don’t think they can do it for $30 a barrel can they?
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Big Rick
Member
Posts: 176
2000 Valkyrie Interstate
Franklin....Ohio
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« Reply #29 on: March 30, 2020, 03:23:11 PM » |
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Gas is $1.29 in the Franklin Ohio area...but it goes up to $1.79 just a few miles down the road
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cagrote
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« Reply #30 on: March 30, 2020, 04:52:50 PM » |
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2.39 here at the costco, 2.59 at fred meyer, local stations 2.69 per gal. Would like to see anything under 2.00
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Texan born and bred
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F6Dave
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« Reply #31 on: March 30, 2020, 05:18:30 PM » |
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What’s the break even point on oil in order to make fracking an alternative? I don’t think they can do it for $30 a barrel can they?
Depends on where you're at, with what kind of production rates you'll see for your investment. Cost of drilling a well these days easily exceeds $10 million, so in the Permian (Midland, TX) area the volumes are high enough to break even at $40 to $50 per barrel. Lots of wells there see initial production rates of 2,000 barrels per day or more, though they drop very quickly. But elsewhere initial rates aren't nearly that high, so $60 per barrel or more is needed to break even. Keep in mind you have to pay landowner royalties of 15-20%, then taxes on top of that. Nobody, even the Saudis or Russians, can make money at $20. |
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« Reply #32 on: March 30, 2020, 05:19:22 PM » |
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$1.59 near Franklin NC
Pulled into gas station and rolled past the pumps lookikng for the last one with regular so as to not block pumps for other people.
Noticed a guy walking, following the car.
As soon as I stopped he tried opening the gas flap.
I jumped out and asked him if this was "service with a smile".
Yep.
He inserted gas nozzle and went to attend to 2 other vehicles.
He returned to my vehicle and I asked how I could pay.
Cash or credit card he replied.
Not having the exact cash amount I gave home my credit card.
He walked to the center pump. Swiped the card and returned with an old wood clipboard with a receipt on for me to sign.
So he's coming into contact with multiple vehicles and people and passing me the clipboard that has been held by numerous people.
I took my card and receipt and placed it in the luggage area of my hatchback.
Opened my passenger door and pumped some hand sanitizer.
Got home and sprayed the card with disinfectant and threw the receipt away.
Then hand sanitized and hand washed.
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F6Dave
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« Reply #33 on: March 30, 2020, 05:34:54 PM » |
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$1.59 near Franklin NC
Pulled into gas station and rolled past the pumps lookikng for the last one with regular so as to not block pumps for other people.
Noticed a guy walking, following the car.
As soon as I stopped he tried opening the gas flap.
I jumped out and asked him if this was "service with a smile".
Yep.
He inserted gas nozzle and went to attend to 2 other vehicles.
He returned to my vehicle and I asked how I could pay.
Cash or credit card he replied.
Not having the exact cash amount I gave home my credit card.
He walked to the center pump. Swiped the card and returned with an old wood clipboard with a receipt on for me to sign.
So he's coming into contact with multiple vehicles and people and passing me the clipboard that has been held by numerous people.
I took my card and receipt and placed it in the luggage area of my hatchback.
Opened my passenger door and pumped some hand sanitizer.
Got home and sprayed the card with disinfectant and threw the receipt away.
Then hand sanitized and hand washed.
No pay at the pump? Sounds like a time warp! |
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shadowsoftime
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« Reply #34 on: March 30, 2020, 05:50:12 PM » |
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1.18 a gallon 100% gas, 87 octane.
as of today 1.01 per gallon pure gas |
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Jess from VA
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« Reply #35 on: March 30, 2020, 05:51:04 PM » |
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Actually appears that full service is riskier than self service.
Same deal with sex.
Buddy of mine insists I should be using sanitizer on hands, shifter and steering wheel (and whatever else you touch in your car), as you go about your shopping, loading, gassing, yada. So you're keeping things you are constantly touching clean during your outing. I continue to try and balance reasonable risk with paranoia... but it's getting harder.
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« Last Edit: March 30, 2020, 05:54:39 PM by Jess from VA »
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HayHauler
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« Reply #36 on: March 30, 2020, 06:01:41 PM » |
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1.99 per gallon for Diesel at Costco. Good for me, but bad for the Houston economy. Hay  Jimmyt |
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shadowsoftime
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« Reply #37 on: March 30, 2020, 06:10:12 PM » |
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gas 1.01
ethanol --0.95
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0leman
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« Reply #38 on: March 31, 2020, 07:54:40 AM » |
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WOW. Our lovely governor has proclaimed that we could pump our own gas during this time of the virus but could still have someone pump it they were available. State Fire Marshal thought we could do it. He has been against it for many year. WE idiots can't be expected to handle a pump in this state. Our gas price is dependent on price in CA for a portion of the tax as we get our gas from there. So still $2.59 a gallon. |
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2006 Shadow Spirit 1100 gone but not forgotten
1999 Valkryie I/S Green/Silver
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bassman
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« Reply #39 on: March 31, 2020, 01:20:52 PM » |
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$1.06/gal at Sam's Club in SE Michigan today (Mar 31)....and NO LINES !!!!
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