redghost Posted May 9, 2004 Report Posted May 9, 2004 I read an article regarding freezing Canada's prices on oil, and how the price for gas have skyrocketed, and that some places they're going $1 a liter. Swell Ottawa is planning to sells it's last 19% stake in Petrol-Canada. What are your opinions on this matter? Quote
August1991 Posted May 10, 2004 Report Posted May 10, 2004 Regular unleaded in Montreal is around 90 something per litre. The current price of a barrel of Brent crude is around 35 US. That's high in recent terms, but low if compared to 1980 (including the difference of a 1980 dollar to a 2004 dollar). Curious? See this: Basic oil price in US The last thing we need is the government getting involved in this business. The Soviet Union shows what happens when governments try to "freeze" prices, or make "better" prices. Quote
RB Posted May 10, 2004 Report Posted May 10, 2004 the rise in prices is due largly to demand and supply. and the increase in demand is coming from china and india. hedging contracts four months ago somehow we knew the price of gas was going to increase for the summer - the big winners are obviously not the franchise gas pumps - what do they get 1c per litre well or maybe the rise in prices are due largely to capitalise with higher profits like high prices = high profits imperial oil haul in profits last quarter ending dec. 100%, petro-canada try over 300% government interference? maybe they can try with interest rates and inflation - keep it down - and continue working with tight labor market - they have experience with this Quote
CanadaRocks Posted May 10, 2004 Report Posted May 10, 2004 Are there no viable alternatives to gas that can be utilized, or are those viable alternatives kept from the public? Quote
Hugo Posted May 10, 2004 Report Posted May 10, 2004 Are there no viable alternatives to gas that can be utilized, or are those viable alternatives kept from the public? There are quite a few companies who will convert your car to run on LPG, for a small fee. A lot of fleet vehicles (taxis, vans) already run on it. Ford and GM offer it as a factory option on new fleet vehicles. If you're a good mechanic you can do it yourself, see here. The exhaust of an LPG vehicle is virtually all carbon dioxide, which isn't toxic and is present in large amounts in our atmosphere anyway. LPG vehicles also use less oil and lubricants and need less maintenance. You can also modify your car, or have someone else do it, to run on alcohol. This is a popular option with farmers for their farm vehicles and equipment, because any farm can produce virtually limitless quantities of fuel-grade ethanol. Essentially, a farmer can fuel his vehicles for free. The main reason gasoline is the primary fuel for cars is that it contains the most energy per unit of volume of all similar fuels. Henry Ford's original engines were designed to run on either gasoline or ethanol, but since then designers found that gasoline engines made considerably more power and went down that route. The Bush administration in the US is actually launching and funding initiatives to increase the availability of LPG as a fuel and promoting it. I think similar plans are underway in Canada. Quote
RB Posted May 10, 2004 Report Posted May 10, 2004 alternatives? yes wind turbines solar-paneled rooftops fusion energy ITER Project - Canada withdraw or my special promotion i have a stake in methol try METHANEX Quote
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