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Has dropped a lot the last week. Down close to 8$ ....price of gasoline should be down ,,hopefully,,what do you think?

Of people think that they are tied together. They are not . Gas will not come down much if any . Everything lands mostly on the taxes and what the gas companies want to sell it for . I would like to see it come down since oil is in the shitter but that's not going to happen . Lol

when oil goes up, so does the price of gas!!!!! If oil went up $2, that tends to be a $0.10 increase immediately.

sure that it won't come down,,,I'm pretty sure if it went from 60 to 68$ it would go up.The price went down considerably when oil dropped to about 50$..went down to the mid.80 cents per litre in mid winter,,Hope is goes back down below a dollar..

I trade stocks. The CEOs maximize refining profits to make up for losses on the drilling and exploration side. If they didn't loans would default. Lots of fixed prices go into refining like wages, electricity, transportation, capital costs, etc. The price of oil is one of many factors. In the long run your further ahead if gas prices aren't rock bottom to maintain your rrsps, company pensions and cpp. We live in a country that depends on income taxes from oil jobs as well.

that most people think prices are tied to costs. Unfortunately, prices are tied to what consumers think a product is worth. And, also unfortunately, if we demonstrate we'll buy gas at $1.35/liter, we've just pushed the price up even when the cost of crude goes down. They know that have us...

If I see my Gasbuddy list correctly Canadian Tire just dropped their price by 5 cents per litre.If that's correct then Shell and Petro Canada will follow within a day.

alan123 said "If I see my Gasbuddy list correctly Canadian Tire just dropped their price by 5 cents per litre.If that's correct then Shell and Petro Canada will follow within a day. "

is having a sale, 5 cents off the posted price. It's likely only for today.