Fox's take on gas prices

[petros]

A barrel of oil costs the same either side of the line.

Govt doesn't set the price on fuel. Where the hell did you get that idea?

 

[Cannuck]

Govt doesn't set the price on fuel. Where the hell did you get that idea?

I didn't "get that idea"

LOL...You're as bad as CB, re-inventing what people say and then arguing against that.

 

[petros]

Strip away taxation and a liter of gas costs the same in AB as it does in MT.

 

[Cannuck]

Strip away taxation and a liter of gas costs the same in AB as it does in MT.

...and Venezuela...

 

[petros]

Do you want Venezula's infrastructure that goes along with no road taxes?

 

[Cannuck]

Do you want Venezula's infrastructure that goes along with no road taxes?

Venezuela seems capable of keeping the price down so I think it's a cop out to say it can't be done. The question is whether we want to go down that road just for cheap gas.

LOL...another CB-esque tactic. Let's try and keep things in context and keep in mind what has already been posted M'Kay

 

[petros]

Yup so why did you bring up Venezula? Last thing I posted was that fuel in AB and MT are the same after stripping taxes.

 

[Cannuck]

Yup so why did you bring up Venezula? Last thing I posted was that fuel in AB and MT are the same after stripping taxes.

Because the gas prices are not the same in Venezuela as they are in AB and MT. You probably would have got that if you bothered to read the entire thread.

 

[petros]

Venezula signed NAFTA?

 

[Cannuck]

Venezula signed NAFTA?

No, their gas wouldn't be as cheap as it is had they signed on.

 

[petros]

Let's get Venezula to pay for our snow removal. I doubt they are using their snow plows.

 

[Cannuck]

Let's get Venezula to pay for our snow removal. I doubt they are using their snow plows.

What does that have to do with cheap gas?

If you take the time to read the thread, at no time have I argued for the Venezuelan approach to financing our affairs. I have simply stated that cheap gas can be had. It can. You keep playing your mental gymnastics.

 

[petros]

The subsidy costs the government around £4.5bn annually.

Victor Rocia, who commutes daily across the capital, Caracas, is theoretically a winner. He bought his Toyota 4Runner two years ago for £26,900 and today it is worth £66,600. "It sounds great," he said. "But it's not. Trying to replace it is a nightmare."

Domestic car production has slumped and Venezuela's socialist revolution has curbed imports of new cars, leading to waiting lists of more than two years. Sales have plunged 61.5% this year compared with the same period last year, according to the Venezuelan Automotive Chamber.

Demand is as high as ever. Venezuelans elected President Hugo Chávez but they are among South America's most avid consumers. They have had a long love affair with automobiles, not least because subsidised petrol is cheaper than water. These days cars also offer a hedge against 30% inflation.

No wonder they can't send their snow plows, somebody is probably using them to deliver alpacas into the Orinoco rainforest.