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Dave Smith[_1_]

On 2017-09-14 11:45 AM, wrote:
> On Thu, 14 Sep 2017 06:10:08 -0700 (PDT), Cindy Hamilton

>> Prices might go up during a shortage, but they drop during
>> a glut. Gasoline was $4.58 a gallon in the U.S. in 2008;
>> yesterday I paid $2.42, even with the Hurricane Harvey
>> bump.
>>
>> Cindy Hamilton
>>
>> Cindy Hamilton
>
> Meant to say also, have you noticed where you are that gas does a jump
> just before holiday weekends? Always does here.

There is no denying that connection between long weekends and higher gas
prices. It is curious that no matter what fluctuations there are in
crude prices, there always seems to be local variations. I was in
Toronto last weekend and prices there were about 10 cents per liter
lower than they were here in Niagara. Prices tend to be cheaper in
Niagara Falls and Fort Erie than in the rest of the region, likely
because people can hop across the border and get gas much cheaper in NY
state. Gas in Port Colborne is usually 5-8 cents per liter more in Port
Colborne than it is in Welland, just a few miles to the north. There
also tends to be a regional price reduction that roams around the
province. One week prices will be low in Niagara but the next week it is
Hamilton, then Toronto. The gas companies are playing games with their
prices to attract customers, getting them into the habit of buying
their product.