Boiled about oil!

[snoproblem]

Anyone else getting really annoyed with the oil companies and their never-ending excuses for driving up the price of crude - which, consequently, drives up the price of gas and diesel?

The way escalating fuel prices tend to tank (pardon the pun :oops: ) the economy and the rest of the rest of the stock market, you'd think some powerful entities would be raising a bigger fuss. Not to mention the public!

I think the government ought to be moving a mite quicker to mandate the selling of gasohol and biodiesel blends, in order to relax the price of crude. The lessening of our reliance on foreign oil would be a nice fringe benefit, come to think of it! 8)

[snoproblem]

:oops: :oops: :oops:

The above post should have gone into the 'news' section, right?

[The General]

Just watch yourself for next time... or else :twisted:

I kidd, I kidd...

I don't know what to say... Gas prices have been fluctuating so much for the past couple of years, who knows when it will end, if it will end.

Incentives for Hybrids or flex fuel vehicles should be increased but I don't think that this will change the situation much, at least not overnight...

[sandstoney]

Dont worry about the price of gas.it once was the big steel man now its the big oil man. You should worry about the price of milk,and that is a renewable resource.Maybe all the cows are owned by dentists

[amorak]

Please explain Canada's reliance on foreign oil? We import very little oil. I suggest you do some reading on world economies and the free market... :wink: You'll learn about global supply and demand! :D

Just bugging you... But we are not slaves to foreign oil prices, we simply sell it for world prices. It's thinking like this that created the N.E.P. :evil:. Making my beloved province sell its massive oil reserves to the rest of the country for cheaper then we could sell it on the world market... Subsequently tanking the economy! It's not enough we give the rest of the country billions in transfer payments, you want our oil for less then fair market value too?! :roll: :lol:

[woohoo!]

It just makes no sense that even though the price of a barrel of oil went up, so have the prices at the pump, which is understandable. However, oil companies are posting record profits at the same time, which just doesn't seem right. This means they have actually risen prices at the pump more than the rise of crude oil (and giving us that reason alone for the price hikes)

I mean, all this is OBVIOUS... but the government won't do anything because they are raking in taxes (and probably getting bribed by the oil companies to shut up)...

[snoproblem]

Something else I've noticed... whenever the price of crude lowers dramatically, some kind of major 'accident' or act of sabotage occurs in an oil-related facility, somewhere in the world.

Either it's a coincidence, or the media plays it up more because oil's a hot issue again... or there's something super-nasty going on behind the scenes. I haven't decided yet which it is.

The price of oil has taken a downturn lately - watch the news, folks. :shock:

[woohoo!]

It's funny how when the price of a barrel of oil goes up, the price at the pump rises almost instantly. what's stupid is that the stock of gas at the station was bought the preceding week, before the price raise.

But then the price of the barrel goes down, the prices at the pump go down s l o w l y ... and we're accepting this...!!!

[apl16]

vote for woohoo!!!!

[woohoo!]

vote for woohoo!!!!

No, because I'll get bribed and corrupted, and I won't be singing the same song anymore... ;-)

[Hammerjoe]

Good points...

Anyone can explain why we are paying 98 cents at the pumps and the barrel is at around $58US??

Should gas be more in the 80's range??

[snoproblem]

Really, Hammerjoe, I don't think there's really much rhyme and reason for gas prices, anymore. I think it's all speculation, greed, and public apathy, these days. :evil:

[Hammerjoe]

Agreed.

What we need is competition and by that competition from alternative fuels.

Until then these greedy companies do whatever they want.

Governement should promote more research into alternative energy and provide with good incentives for people that want to get out of oil dependency.

But on the other hand, why would they want to do that, they rake in the taxes from oil...

[snoproblem]

True, but they could also tax alterna-fuels... just not as hard, so they don't blunt the point of switching over.