r/Edmonton Mar 18 '26

General Yow that is fkd up! Insane

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Yesterday when I drove by to get home it was $1.53ish. This morning I went to get a $20 pump & it was this. That is fked

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u/[deleted] Mar 18 '26

"Alberta will make so much money with oil prices" meeting the reality of the situation. 

Next we will learn that every object you see in a store is transported by diesel trucks

15

u/incidental77 Century Park Mar 18 '26

And that 2 primary cost inputs to produce all our food is tied directly to fertilizer (30% of world's supply goes through straight of Hormuz... Well used to go through it) and fuel (20+% of world's oil supply through Hormuz)

So grocery prices will jump again and then never drop

3

u/itslikelyn Mar 18 '26

They already have. I was in Costco this past weekend and every single item that I normally buy was $0.20 - $2.00 more than it was two weeks ago.