and your point is? It's nothing new...it's not like it has never happened before. The world didn't come to an end, and anarchy didn't reign.
$40B profit for EXXON last year, while Harper is happy to collect the gas tax.
- Thread starter Socrates the Greek
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and your point is? It's nothing new...it's not like it has never happened before. The world didn't come to an end, and anarchy didn't reign.
and how do you bring down the price of a comodity? It's called supply and demand..... less demand...higher supply, means lower prices.... with all of the bitching....do you think that the majority of North Americans would be willing to drastically cut down on the amount of automotive fuel they use? How about every home owner spend the 4-5 thousand required to upgrade their existing 80% or less efficient furnace to a new 95% efficient furnace( I did and saved close to 50% on my fuel bills)or their tank HW system to an on demand tankless system?
I'll tell you right now...it ain't gonna happen.
I'll tell you right now...it ain't gonna happen.
"do you think that the majority of North Americans would be willing to drastically cut down on the amount of automotive fuel they use?"
Canadian consumption is peanuts compared to the USA, China and India have ever increasing needs and the more they buy the more the price goes up soon there won't be enough supply to meet demand. Add to this the speculators running prices up. If this is an Oil Bubble and it bursts, that's good news for us, bad news for Oil Companies, but if there is no supply to meet demand then we have a problem that we've never had before. When they had that embargo in the 1970's that was an embargo; This is a shortage, no amount of a** kissing to the Saudi's will get them to increase production, they won't or they can't, and there really isn't many other places to go to get it.
Canadian consumption is peanuts compared to the USA, China and India have ever increasing needs and the more they buy the more the price goes up soon there won't be enough supply to meet demand. Add to this the speculators running prices up. If this is an Oil Bubble and it bursts, that's good news for us, bad news for Oil Companies, but if there is no supply to meet demand then we have a problem that we've never had before. When they had that embargo in the 1970's that was an embargo; This is a shortage, no amount of a** kissing to the Saudi's will get them to increase production, they won't or they can't, and there really isn't many other places to go to get it.
It's the new law of supply and demand: If demand drops prices need to go up to protect profits; if demand goes up prices need to go up to curb demand.
The funny part in all this is that there is plenty of oil. Just like the global warming myth peek oil is also a myth.
We really have no one to blame but ourselves for being so damn gullible and never paying enough attention to the world around us.
The funny part in all this is that there is plenty of oil. Just like the global warming myth peek oil is also a myth.
We really have no one to blame but ourselves for being so damn gullible and never paying enough attention to the world around us.
Little you and I can do about it unless a person is willing to drive a small car and buy the mentioned high efficiency appliances.
The problem with the elite having so much power is that they are easier to organize than the great unclean masses they exploit. There is nothing innately superior about them except that. Their power is based on the fewness of their numbers and single minded self interest which is enough to devastate every society we manage to build despite them.
We build it; they destroy it.
This is why I'm an anarchist. The cycle will never be broken until we have leaderless societies. Where trying to dominate, control and exploit is a crime against humanity.
We build it; they destroy it.
This is why I'm an anarchist. The cycle will never be broken until we have leaderless societies. Where trying to dominate, control and exploit is a crime against humanity.
gerryh,
You are one selfish sick puppy! I am glad to see how small you think. The world is not about your well being only. You can sit and defend you mentor Harper but his days are numbered, because come election time your mentor will have his arss clipped.
I told you I am not a truck driver. And it is small of you to belittle people who earn their money working hard and honest. You are a f idiot my friend. The oil cartel would not be able to afford to pay such outrageous income to these greedy scum bugs if they were not f you and the rest of us,. You know dick, all you know is that if anyone talks bad about your snow white f losers in Ottawa you call them truck drivers. Get f lost idiot!!!!!!.
La la la la lallallla la land :roll:
When the **** will hit the fan you can come back here and tell us it is supply and demand. Is that why the trucking industry shut down London England? You got rocks in your head.
And you know what the real tragedy in all this is?
The stock has hardly done anything over the past year.
http://finance.yahoo.com/echarts?s=...=on;ohlcvalues=0;logscale=on;source=undefined
:x
The stock has hardly done anything over the past year.
http://finance.yahoo.com/echarts?s=...=on;ohlcvalues=0;logscale=on;source=undefined
:x
Heck, new barrels in the oil sands cost $75 to extract, up from $30 a few years ago.
Shows just how much of an idiot you are... have voted Liberal federally since I was old enough to vote...so that would have been Trudeau....have never voted conservitard my entire life.
Lets stop the name calling, I am proud of you, I get irritated when I hear that nothing we can do about the cost of gas. First off we the voters demand that the energy issue automobiles and housing will be addressed by the the federal government thereby insuring that free interprice will not hold the general populace hostage such as today with $1,42.9 for diesel the fuel that used to be so much cheaper. The Feds today are collecting insanity amounts per month from this madness. On CBC the other day it was shown in England for every $2.00 per litter $1.50 goes to the British Government; sourly you don't think that the snow white bone heads in Ottawa are not collecting the same amounts while me and you are paying the unfair rate per litter? :lol:
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Look between the Futures traders, OPEC, the Oil Companies, the oil executives and the Feds,
all these five pricks are reaping hard working peoples pockets including my own. So, I don't need you telling me I don't know what is going on when in fact it is plain and simple these ****ers are sticking it to us and your philosophy is to get on my thread and knock me be cause I don't sound like a con, but to you I sound like a truck driver. You are telling me to learn how to spell. I never came here telling anyone that I am a grammatical professor neither is this thread a contest on who can spell and can sound intelligent. Here the bone of contention is about insanity fuel prices which affect many ordinary peoples liefs, while a group of ffffffff elete are thumbing their noses at the rest of us. Capiss?. I take the name calling I spouted towards you back.