WWWTT Posted May 11, 2011 Report Posted May 11, 2011 The big threat from the conservatives here was that if the NDP got into power the price of gas would skyrocket. Really? I'm watching Jim Flarety right now on the CBC and essentially he is saying that you better get use to it. I guess the GST cut on the gas only helped the big oil companies pad their profits,which I am sure are handing out big bonuses to their CEO's for a job well done in increasing profits on the backs of us and our economic recovery. WWWTT Quote Maple Leaf Web is now worth $720.00! Down over $1,500 in less than one year! Total fail of the moderation on this site! That reminds me, never ask Greg to be a business partner! NEVER!
Bonam Posted May 11, 2011 Report Posted May 11, 2011 (edited) A 2% difference in GST is not something you'd really notice anyway in terms of gas prices. I mean, the difference is $0.02-0.03/L, but the price varies more than that from pump to pump and from day to day. I don't think any Canadian PM really has a big effect on the price of gas (unless they decide to impose a carbon tax). Edited May 12, 2011 by Charles Anthony deleted re-copied Opening Post Quote
Topaz Posted May 11, 2011 Report Posted May 11, 2011 Do you will think that a guy who worked for a oil and gas company is going to come down on them?? IF they wanted to appear to be doing something they could regulate the industry or they could appoint someone to keep taps on the price of gas. Its the speculators that are making the price go up. If comsummers cut back than the demand would go down the the price would too and they can also go to the cheapest price gas station and only buy from that one station. Another question is, why with all the profits the oil and gas companies are making in Canada, why aren't they building refineries here and Canada? Quote
ninjandrew Posted May 11, 2011 Report Posted May 11, 2011 Do you will think that a guy who worked for a oil and gas company is going to come down on them?? IF they wanted to appear to be doing something they could regulate the industry or they could appoint someone to keep taps on the price of gas. Its the speculators that are making the price go up. If comsummers cut back than the demand would go down the the price would too and they can also go to the cheapest price gas station and only buy from that one station. Another question is, why with all the profits the oil and gas companies are making in Canada, why aren't they building refineries here and Canada? Possibly because Albertas oil isnt expected to last much longer than 15 years. Quote "Everything in moderation, including moderation." -- Socrates
Guest American Woman Posted May 11, 2011 Report Posted May 11, 2011 $1.40L? Good Lord, I thought gas was expensive here at $4.00 a gallon. How much was it a few months ago? Did you have a sharp increase lately, too? Quote
Guest Derek L Posted May 11, 2011 Report Posted May 11, 2011 $1.40L? Good Lord, I thought gas was expensive here at $4.00 a gallon. How much was it a few months ago? Did you have a sharp increase lately, too? Gas prices have skyrocketed in eastern Canada due in part to the floods in Manitoba affecting transportation. Quote
guyser Posted May 11, 2011 Report Posted May 11, 2011 $1.40L? Good Lord, I thought gas was expensive here at $4.00 a gallon. How much was it a few months ago? Did you have a sharp increase lately, too? Naw, no sharp increase, only a year ago it $.99 a litre Quote
ninjandrew Posted May 11, 2011 Report Posted May 11, 2011 Im all for a bicycle sharing system. All in favor? Quote "Everything in moderation, including moderation." -- Socrates
Guest American Woman Posted May 11, 2011 Report Posted May 11, 2011 Gas prices have skyrocketed in eastern Canada due in part to the floods in Manitoba affecting transportation. Is that really why? Or are they just saying that's why? There's no similar situation here, yet prices have skyrocketed. Naw, no sharp increase, only a year ago it $.99 a litre I guess it's risen about as much as ours has in the same time frame; I just didn't quite realize it was that much more in Canada than it was here. Quote
Scotty Posted May 11, 2011 Report Posted May 11, 2011 The world price of gas is the world price of gas. I recognize that there's a lot of ripoffs going on but that doesn't change anything. There's nothing an individual government can do about it, and anyone who thinks otherwise isn't thinking clearly. Quote It is an inverted moral calculus that tries to persuade the world to demonize one state that tries its civilized best to abide in a difficult time and place, and rides merrily by the examples and practices of dozens of states and leaderships that drop into brutality every day without a twinge of regret or a whisper of condemnation. - Rex Murphy
Guest Derek L Posted May 11, 2011 Report Posted May 11, 2011 Is that really why? Or are they just saying that's why? There's no similar situation here, yet prices have skyrocketed. I'd guess it's a bit of both....There is flooding along the Mississippi, which would affect oil refineries. For the sake of argument, Lets blame Bush for stealing Iraqi oil.... Quote
Shady Posted May 12, 2011 Report Posted May 12, 2011 Possibly because Albertas oil isnt expected to last much longer than 15 years. Complete nonsense. Quote
ninjandrew Posted May 12, 2011 Report Posted May 12, 2011 Complete nonsense. Estimating reserves is nonsense. An article I read yesterday said 12 years, and somewhere on wikipedia says 200 or so years. I think that was the longest lasting resource, so we have that long to find an alternative. Not even really. Quote "Everything in moderation, including moderation." -- Socrates
Wild Bill Posted May 12, 2011 Report Posted May 12, 2011 Complete nonsense. Absolutely! The oil sands alone are estimated to last at least 300-400 years! However, all is not lost. I've been assured by some posters on this very board that all one has to do is to invest in oil and gas stocks. The dividends apparently will more than offset the increased price of gas at the pump. Now, I am a bit unclear about the amount of investment money I would need. It looks at first glance that I would need to invest a few tens of thousands of dollars into those stocks to make the reward worthwhile, considering the dividend returns. I don't have that kind of money, of course. It also seems rather harsh to have to make that kind of investment just to break even. Oh well, I guess we'll have to wait for another Maurice Strong to come along and revive the old PetroCan idea of a government company forcing all the others to lower their prices in order to compete! Didn't that work so well the last time, back in the late 70's and early 80's? Quote "A government which robs Peter to pay Paul can always depend on the support of Paul." -- George Bernard Shaw "There is no point in being difficult when, with a little extra effort, you can be completely impossible."
Bryan Posted May 12, 2011 Report Posted May 12, 2011 $1.40? Must be a specifically regional thing. I just filled up today in Winnipeg for $1.18/litre. Crude is going for $98/barrel though. One should expect gas prices to be rising right now anyway, regardless of the domestic taxes or tariffs, or the transportation issues. As for the OPs comment about the NDP and gas prices: a carbon tax would be added on top of the already rising prices. Quote
RNG Posted May 12, 2011 Report Posted May 12, 2011 Possibly because Albertas oil isnt expected to last much longer than 15 years. The oilsands will last way longer than that. Quote The government can't give anything to anyone without having first taken it from someone else.
RNG Posted May 12, 2011 Report Posted May 12, 2011 $1.40? Must be a specifically regional thing. I just filled up today in Winnipeg for $1.18/litre. Crude is going for $98/barrel though. One should expect gas prices to be rising right now anyway, regardless of the domestic taxes or tariffs, or the transportation issues. As for the OPs comment about the NDP and gas prices: a carbon tax would be added on top of the already rising prices. I just saw on the CBC news that in Kamloops it's $1.07/l while in Calgary it's $1.20/l. Them evil oil barons. Here in the lower mainland it's $1.45, thanks to Campbells carbon tax. Quote The government can't give anything to anyone without having first taken it from someone else.
ninjandrew Posted May 12, 2011 Report Posted May 12, 2011 $1.40? Must be a specifically regional thing. I just filled up today in Winnipeg for $1.18/litre. Crude is going for $98/barrel though. One should expect gas prices to be rising right now anyway, regardless of the domestic taxes or tariffs, or the transportation issues. As for the OPs comment about the NDP and gas prices: a carbon tax would be added on top of the already rising prices. $1.18 - $1.28 here in EDMONTON. Quote "Everything in moderation, including moderation." -- Socrates
DogOnPorch Posted May 12, 2011 Report Posted May 12, 2011 It's unlikely that $1.07 is the 'normal' rate going around in Kamloops. Sounds like a gas war. Quote Nothing cracks a turtle like Leon Uris.
Battletoads Posted May 12, 2011 Report Posted May 12, 2011 Don't worry the market will fix it. couldn't say it with a strait face. Quote "You can lead a Conservative to knowledge, but you can't make him think."
Shady Posted May 12, 2011 Report Posted May 12, 2011 Don't worry the market will fix it. couldn't say it with a strait face. Are you referencing OPEC? Quote
Battletoads Posted May 12, 2011 Report Posted May 12, 2011 (edited) Are you referencing OPEC? Not particularly, just mocking the Cons anti-regulatory practices. You know, the same practices that caused the american economy to collapse. Edited May 12, 2011 by Battletoads Quote "You can lead a Conservative to knowledge, but you can't make him think."
RNG Posted May 12, 2011 Report Posted May 12, 2011 (edited) Not particularly, just mocking the Cons anti-regulatory practices. You know, the same practices that caused the american economy to collapse. And remind me again - how did the NEP work out? There is intelligent regulation then there is stupid, wishful thinking, unrealistic, I can fix it all kind of thinking. Gasoline prices are a world-wide market. US refinery runs are low because there is such an oversupply of diesel and jet fuel. So they are cutting down production so gasoline is getting into short supply. Refineries can't change their product split much at all. So until commerce and air travel increases, the refineries will be running slowly and the price of gas will stay high. Edited May 12, 2011 by RNG Quote The government can't give anything to anyone without having first taken it from someone else.
Guest American Woman Posted May 12, 2011 Report Posted May 12, 2011 Gas just took another leap where I live - wondering if it did in Canada, too. Went up from $4.01/gal yesterday to $4.33/gal today. For the life of me, I can't think of anything that's happened that would account for it. Quote
Jerry J. Fortin Posted May 12, 2011 Report Posted May 12, 2011 Gas just took another leap where I live - wondering if it did in Canada, too. Went up from $4.01/gal yesterday to $4.33/gal today. For the life of me, I can't think of anything that's happened that would account for it. Aside from idle market speculation you mean? Quote
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