$40B profit for EXXON last year, while Harper is happy to collect the gas tax.

[I think not]

Hopefully next year they'll make $80 billion.

 

[Socrates the Greek]

Perhaps I should have read through the entire thread but I didn't. At any rate, There's no shortage of oil. In NorthAM there are over 200 BILLION BARRELS of PROVEN oil reserves. Saudo Arabia alone has 265 BILLION, who knows how much Russia has. These corporate usurpers are just plain greedy. Every single time they get the itch, they drop the rate of refining and create a "shortage". That is not the only trick they have, I was chatting with a friend who works in the biz and he said, "I work for one of the big oil companys and they are so full of sh|t, we have layed off so many of my co worker because they are cutting back..and they have put up posters every where at work say that they only make 22 cent profit per gallon because of the high cost of the fuel to deliver the fuel to the station........While I could go for hours, at least I figure I am looking forward to the we have ride bike and hores as I said shorty shorts and bike seat".
Governments won't do a damned thing except give the public lip service while more people will begin to starve, more people will not be able to get to work as easily, unemployed will not find work as easily, there will be an increase in medical problems, etc.
All just so the oil companies can pocket their meager billions in profits.

You are correct L Gilbert, when we look at the whole group from OPEC, TO THE OIL COMPANY, TO THE OIL EXECUTIVE, AND THE FEDERAL GOVERNMENT here in Canada only a hand full of self centered m f ckers are creating a miserable environment for millions of hard working people from all walks of life.
I hope these f cking greedy scum would find hell in their final resting ground. I am sorry to feel this type of hate towards other fellow human beings but, these scum bags do not deserve any respect THEY ARE S!HT a despicable example of human flesh.

 

[Socrates the Greek]

Hi, Mikey;
I have come to believe that most politicians wanted to become politicians for reasons other than doing their unselfish best for the good of all citizens. It has puzzled me since the beginning of my life in Canada WHY they call themselves public servants, when they get royally paid for the job they do? "Giving their life to public service, serving the public, a long life of service etc."

That sounded to me as making a sacrifice, doing something out of the goodness of their hearts, as if we humble mortals should be ever so thankful for their tireless dedication to serve us.

Have I been missing something, overlooked their dedicated golden hearts?

The world of altruistic thinking is slowly replaced by greed. The poli ticks we get to day are nothing but blood suckers like the real ticks in the woods. They go in with the motive to line their pockets as best they can and at the end they write a book telling us how they stuck it to us and make millions on top.
A politician will tell you not to worry while he is thinking of ways to f you.
Scum bags!!!!

 

[gerryh]

Still waiting to hear what you expect the present Federal Conservative government to do.

 

[Risus]

HEY FROM F CKING OPEC TO THE F CKING OIL EXECUTIVE, TO THE F CKING GOOFS PRESENTLY IN OTTAWA IT IS A VERY SERIOUS PROBLEM. This is not a rant when the economy suffers while some F CKING GREEDY SCUM BAG IS EATING WITH 10 MOUTHS. I KNOW NOTHING ABOUT OIL PRICING?
WHAT DO YOU DO STEAL YOUR GAS?

LOL, you are good at ranting, but short on substance and common sense.
No, I buy my gas like everyone else. I think you should grow up.

 

[Socrates the Greek]

Still waiting to hear what you expect the present Federal Conservative government to do.

Hey Gerryh good day to you,
I want them to stop the BS propaganda as said by Snow White (Harper) “ we should not panic” great advice from a cheating PM. In just 2 ½ years the Conservatives have squandered $12B
surplus cash in an efort to entice and persuade Canadians, the end result is “DON’T PANIC” They should take their F CKING hands of Canadian pockets and remember that their days are marked, my dear friend Gerryh. If the Government can't step in and stop this madnes to where gas will become more xpensive than food my friend I see some
serious trouble up ahead.

 

[Socrates the Greek]

LOL, you are good at ranting, but short on substance and common sense.
No, I buy my gas like everyone else. I think you should grow up.

You are making the assertion on your previous post that I have no clue of how oil prices are set. The bone of contention here is that when gas will be more expensive the food you will have a f ucking revolt. No f ucking government has the right to ride on an opportunity such as this one. A hand full greedy m f ckers who need to eat with 10 mouths will starve millions of hard working people. If you have oil shares you hope that the price per barrel would reach the sky while innocent ordinary people will have their life’s destroyed, because they cant go to work, because food costs have gone up dramatically as a result of height transportation costs ect. So don’t sit here and knock me and tell me to grow up because I cant stand the FFFFFFF Cons.

 

[karrie]

You are making the assertion on your previous post that I have no clue of how oil prices are set. The bone of contention here is that when gas will be more expensive the food you will have a f ucking revolt. No f ucking government has the right to ride on an opportunity such as this one. A hand full greedy m f ckers who need to eat with 10 mouths will starve millions of hard working people. If you have oil shares you hope that the price per barrel would reach the sky while innocent ordinary people will have their life’s destroyed, because they cant go to work, because food costs have gone up dramatically as a result of height transportation costs ect. So don’t sit here and knock me and tell me to grow up because I cant stand the FFFFFFF Cons.

You do yourself a disservice by dumbing down your posts with all the cussing.

 

[Socrates the Greek]

You do yourself a disservice by dumbing down your posts with all the cussing.

Karrie, when emotions are at a peak such us presently with the gas situation I find it very irritating to sit here and listen to opinion which has ulterior motives as a bass.

 

[Risus]

You are making the assertion on your previous post that I have no clue of how oil prices are set. The bone of contention here is that when gas will be more expensive the food you will have a f ucking revolt. No f ucking government has the right to ride on an opportunity such as this one. A hand full greedy m f ckers who need to eat with 10 mouths will starve millions of hard working people. If you have oil shares you hope that the price per barrel would reach the sky while innocent ordinary people will have their life’s destroyed, because they cant go to work, because food costs have gone up dramatically as a result of height transportation costs ect. So don’t sit here and knock me and tell me to grow up because I cant stand the FFFFFFF Cons.

LOL, the price goes up and you blame the government?? I rest my case, you are lacking common sense. (Its all related to supply and demand by the way...)

 

[Socrates the Greek]

LOL, the price goes up and you blame the government?? I rest my case, you are lacking common sense. (Its all related to supply and demand by the way...)

Hey you can rest your case until the cows come home. The bottom line is Canada has huge oil reserves and like other countries that are in the same shoes they subsidize their gas. In short you are getting raped at the pumps and you are giving me the philosophical verbiage that makes no sense. Hey looking at the Conservative history of Canada I am happy to see that my recollection is on the money knowing that Conservatives have always operated on deficit mode. Now, you can sit here and hope that this is not the truth, but you can’t change the color black to white. Reality is reality not make belief and fairy tails…..

 

[gerryh]

Hey you can rest your case until the cows come home. The bottom line is Canada has huge oil reserves and like other countries that are in the same shoes they subsidize their gas. In short you are getting raped at the pumps and you are giving me the philosophical verbiage that makes no sense. Hey looking at the Conservative history of Canada I am happy to see that my recollection is on the money knowing that Conservatives have always operated on deficit mode. Now, you can sit here and hope that this is not the truth, but you can’t change the color black to white. Reality is reality not make belief and fairy tails…..

:roll: listen carefully.... THE FEDS HAVE NO CONTROL OVER THE MAJORITY OF THE CRUDE PULLED OUT OF THE GROUND.....IT FALLS UNDER PROVINCIAL JURISDICTION........

So,..... the only way the feds can do anything about it is if they nationalise the oil industry in Canada..... how do you think Albertans would react to that?

 

[Socrates the Greek]

:roll: listen carefully.... THE FEDS HAVE NO CONTROL OVER THE MAJORITY OF THE CRUDE PULLED OUT OF THE GROUND.....IT FALLS UNDER PROVINCIAL JURISDICTION........

So,..... the only way the feds can do anything about it is if they nationalise the oil industry in Canada..... how do you think Albertans would react to that?

Well you know something? Should OPEC play the game were oil will reach $200 per barrel, and Calgary will dress like an Arab, and simply say we don’t care to the rest of Canada so sad to bad, there will be a civil war coming up. So it is incumbent upon government to insure that Nationalization of the oil reserves will be treated fairly.
When we look at all the ramification oil can cause to peoples life’s there is no room for this is mine and this is yours, the OIL FOUND IN CANADIAN SOIL I DON’T CARE WHAT PROVINCE IT IS IN IT BELONGS TO CANADA. So, this business Albertans telling the rest of the country this is our oil you pay world price if you needed that is a pile of horse s!ht.

We can do the same with the resources Alberta is using which come from BC SOIL. So don’t go there.
All this can be worked out on equalization payments from Ottawa to Alberta while all Canadians are able to put food on their tables and don’t have to sell their cars because they can’t afford to take them to work. We are talking about a very serious problem coming up.

 

[gerryh]

We can do the same with the resources Alberta is using which come from BC SOIL. So don’t go there.
All this can be worked out on equalization payments from Ottawa to Alberta while all Canadians are able to put food on their tables and don’t have to sell their cars because they can’t afford to take them to work. We are talking about a very serious problem coming up.

and what resourses from BC is Alberta buying at below the going price?

 

[Risus]

Well you know something? Should OPEC play the game were oil will reach $200 per barrel, and Calgary will dress like an Arab, and simply say we don’t care to the rest of Canada so sad to bad, there will be a civil war coming up. So it is incumbent upon government to insure that Nationalization of the oil reserves will be treated fairly.
When we look at all the ramification oil can cause to peoples life’s there is no room for this is mine and this is yours, the OIL FOUND IN CANADIAN SOIL I DON’T CARE WHAT PROVINCE IT IS IN IT BELONGS TO CANADA. So, this business Albertans telling the rest of the country this is our oil you pay world price if you needed that is a pile of horse s!ht.

We can do the same with the resources Alberta is using which come from BC SOIL. So don’t go there.
All this can be worked out on equalization payments from Ottawa to Alberta while all Canadians are able to put food on their tables and don’t have to sell their cars because they can’t afford to take them to work. We are talking about a very serious problem coming up.

No, you still don't get it....

 

[karrie]

It doesn't cost anymore to get the oil out of the ground now than it did ten years ago...

It sure does juan. Take a look at the Bakken formation for example, and do some research on the drilling, production, and stimulation of those wells compared to the drilling, production, and stimulation of conventional wells. It's much more complicated and costly than the work my hubby's company was doing 10 years ago.

 

[Lester]

It only costs 9$ to 12$ a barrel for the oilsands oil and that price comes down as new tech emerges. I still think we should Nationalize it, the price of oil directly effects the Country's economy it's becoming a security issue. If oil hits 200.00 by next year -how will we be able to function? every expense will get passed on to consumers whether we like it or not and I for one will have to do without a few luxuries because of it. I don't know about that shale oil. Dothey do steam assisted extraction or do they process it (dig it up like the oilsands)

 

[Socrates the Greek]

It only costs 9$ to 12$ a barrel for the oilsands oil and that price comes down as new tech emerges. I still think we should Nationalize it, the price of oil directly effects the Country's economy it's becoming a security issue. If oil hits 200.00 by next year -how will we be able to function? every expense will get passed on to consumers whether we like it or not and I for one will have to do without a few luxuries because of it. I don't know about that shale oil. Dothey do steam assisted extraction or do they process it (dig it up like the oilsands)

Letser you are on the money, it is very irritating to hear self serving opinion.
The other shoe will drop off when we see a $200 barrel hit the stock market.
@ $200 a barrel we will be paying at the pump close to $2.00 a litter. $8.00 a gallon to travel 7 miles for the freight trucks, now it isn’t difficult to do the math. The two most important items in every day life is food and the cost of it. The cost of food and the cost of fuel are conjoint twins they do not separate. The farmer will not be able to use the machinery at the farm with out fuel, and should that get out of hand we will be paying crazy prices for the basic food, like bread, milk, eggs, and meat.
For every $.010 cents the fuel goes up at the pump the Feds are getting $100,000,000 in their coffers, clearly that amount of money can help Alberta with fair equalization payments and get the Canadian oil reserves NATIONALIZED.
Unfortunately the economic storm is ahead not behind, and clearly the bone heads in Ottawa are not out to protect Canada from a bad economic disaster.

 

[Socrates the Greek]

No, you still don't get it....

What do you know?
You probably have oil shares and hope they rip though the roof, while you don't give a rats arss about Canada as a whole and you probably live in the Conservative province of Alberta.
I am in the shipping business and trusst me I get it better than you think.

@ $200 a barrel the litter will move up to a cost of just under $2.00 a litter x 4 litters a gallon $8,00. The freight 24 weeler trucks do 7 miles per gallon at that rate to move food around the country will starve many Canadians beacuse the cost will be eveintualy past on to Canadians who allready find it hard to make ends meet. So, I don't get it? :roll::roll::roll:

 

[Lester]

No No, make no mistake the oil belongs to Alberta, the profit could get split 70% Alberta/30 Canada there will be no equalization and if we sold it to Canadians and canadian firms; lets say a 20% discount, the economy would have an edge over those economies paying 100% for their fuel/energy- the only losers are the oil companies.