Fox's take on gas prices


Cannuck
No Party Affiliation
#31
Quote: Originally Posted by petrosView Post

Price is irrelevant.

Of course it's not.
 
petros
#32
Have you read Chapter 6?

Subject to Annex 605, a Party may adopt or maintain a restriction otherwise justified under Articles XI:2(a) or XX(g), (i) or (j) of the GATT with respect to the export of an energy or basic petrochemical good to the territory of another Party, only if:
  1. a) the restriction does not reduce the proportion of the total export shipments of the specific energy or basic petrochemical good made available to that other Party relative to the total supply of that good of the Party maintaining the restriction as compared to the proportion prevailing in the most recent 36month period for which data are available prior to the imposition of the measure, or in such other representative period on which the Parties may agree;

    b) the Party does not impose a higher price for exports of an energy or basic petrochemical good to that other Party than the price charged for such good when consumed domestically, by means of any measure such as licenses, fees, taxation and minimum price requirements. The foregoing provision does not apply to a higher price that may result from a measure taken pursuant to subparagraph (a) that only restricts the volume of exports; and
    c) the restriction does not require the disruption of normal channels of supply to that other Party or normal proportions among specific energy or basic petrochemical goods supplied to that other Party, such as, for example, between crude oil and refined products and among different categories of crude oil and of refined products.
 
Cannuck
No Party Affiliation
#33
Quote: Originally Posted by petrosView Post

Have you read Chapter 6?

Yes.
 
petros
#34
And where in Chapter 6 does it say a lower price is a subsidy?
 
Cannuck
No Party Affiliation
#35
Quote: Originally Posted by petrosView Post

And where in Chapter 6 does it say a lower price is a subsidy?

It doesn't. Where in the bible does it say that pigs can fly?
 
petros
#36
So where are you getting the false impression price has anything to do with it and that a lower rate is a subsidy?
 
EagleSmack
#37
Quote: Originally Posted by taxslaveView Post

If that is the case why does an American made car cost more in Canada than in the US? Or books?

Isn't that because Canadian taxes are simply higher there?
 
petros
#38
Correct!
 
TenPenny
#39
Quote: Originally Posted by taxslaveView Post

Currently the price at the pump has no relation to the cost of production but is controlled by parasites trading on the futures market.

Isn't that how most food prices are controlled?

Coffee futures, orange juice futures, grain futures...
 
Cannuck
No Party Affiliation
#40
Quote: Originally Posted by petrosView Post

So where are you getting the false impression price has anything to do with it and that a lower rate is a subsidy?

Where are you getting the false impression that Chapter 6 of the FTA is what dictates the price of fuel
 
petros
#41
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
No Party Affiliation
-1
#42
Quote: Originally Posted by petrosView Post

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
#43
Strip away taxation and a liter of gas costs the same in AB as it does in MT.
 
Cannuck
No Party Affiliation
#44
Quote: Originally Posted by petrosView Post

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

...and Venezuela...
 
petros
#45
Do you want Venezula's infrastructure that goes along with no road taxes?
 
Cannuck
No Party Affiliation
-1
#46
Quote: Originally Posted by petrosView Post

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

Quote: Originally Posted by CannuckView Post

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
#47
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
No Party Affiliation
#48
Quote: Originally Posted by petrosView Post

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
#49
Venezula signed NAFTA?
 
Cannuck
No Party Affiliation
#50
Quote: Originally Posted by petrosView Post

Venezula signed NAFTA?

No, their gas wouldn't be as cheap as it is had they signed on.
 
petros
#51
Let's get Venezula to pay for our snow removal. I doubt they are using their snow plows.
 
Cannuck
No Party Affiliation
#52
Quote: Originally Posted by petrosView Post

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
#53
Quote:

The subsidy costs the government around £4.5bn annually.



Quote:

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.
 

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