Gas prices start to hit hard..
- Thread starter FUBAR
- Start date
Well I'm paying $4.75 per US gallon in Canada so I really can't feel too sorry for the Americans who haven't topped $4 bucks yet. Funny thing is we've got a big siht load of oil here. It's the price of the war that is artificially driving up the price of oil. Wow. What an epiphany I've just had. Somehow I've divined that the price of oil is tied to the Jihad. Geez, those darn Etruscans, I mean terrorists.
1969, you could buy a brand new Chevy for around two grand, a house for fifteen - and gas was 42.9 cents per gallon. Today, a brand new Chevy is over twenty grand, a house is a hundred and fifty thou - and gas is five bucks and a half per gallon. The only thing that hasn't kept up is my income.
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the "system" isnt designed for your wages to keep up...its designed to relieve you of them, usually without one noticing too much...but its speeding up, its becoming blatant, so be prepared for funtimes coming up
Petrol sales fall 20pc as drivers feel the pinch - Telegraph
And just to add to the problems...
Petrol stations busy before four-day strike by tanker drivers begins - Times Online
UK Fuel Tanker Strike: Talks Break Down Over Industrial Action And Prevent Petrol Crisis In Britain |Sky News|Home
:angry3:
And just to add to the problems...
Petrol stations busy before four-day strike by tanker drivers begins - Times Online
UK Fuel Tanker Strike: Talks Break Down Over Industrial Action And Prevent Petrol Crisis In Britain |Sky News|Home
:angry3:
Honestly, the UK is going crazy nowadays. It's starting to act like france where it comes to strikes.
lazy no good bum said:
Unless gas prices drop at the pump, we are watching the beginning of the end for fossil fuel dependence.
water and phone companies have regulatory agencies in the UK... perhaps something like that for petroleum would help?
Nations like the US and China should start OPIC (Organization of Petroleum Importing Countries) to compete with OPEC (Organization of Petroleum Exporting Countries). OPIC nations would tell OPEC nations how much they'll pay for their product.
It would be a tough few months because the existing cartel would dig their heels in and cause havoc. Sooner or later they'll need to sell oil (so the Sultans can build more palaces). Then supply will be normalized and the prices will come down.
It would be a tough few months because the existing cartel would dig their heels in and cause havoc. Sooner or later they'll need to sell oil (so the Sultans can build more palaces). Then supply will be normalized and the prices will come down.
Gas prices
Finally the Competition Bureau has acted on the issue of price fixing that we all knew about long, long time ago, and I must say it's been a long time for them to clue in that something was rotten in Denmark. The issue now is whether they are going to lay charges in all provinces of Canada, because it is not just in Quebec where the people have been and are being ripped off by the oil companies.
A good place for the Competition Bureau to tackle next is New Brunswick since virtually all gas and diesel sold in the province comes from one source regardless of what company banner the stations are flying. The Irving Empire controls the price of petroleum in New Brunswick from when the crude purchased, through the refinery process (Irving Oil Refinery, Saint John, NB), they then wholesale the products to virtually all retailers, and in fact are themselves involved in the retail selling of these products. Having that much control of supply and demand illustrates that there cannot be fair competition in the marketplace since the Irving's control the prices from start to finish.
When prices go up it is the Irving's who raise their prices first, and the rest of the stations in close proximity raise their prices to exactly the same amount. In the town where I live, both the Irving and the ESSO stations charge exactly the same prices while the Co-op charges one cent more, because of the fact that they are a full-service station, and offers no self-serve.
We need for the Competition to fine these greedy oil companies until they actually take the laws seriously, and if that doesnt work then maybe pulling their retail licences will. We need the Federal Competition Bureau to act, because we all know in New Brunswick that no provincial premier is about to tell the Irving's what they are and are not going to do. The politicians simply look in the eyes of the Irving's and cringe.
Finally the Competition Bureau has acted on the issue of price fixing that we all knew about long, long time ago, and I must say it's been a long time for them to clue in that something was rotten in Denmark. The issue now is whether they are going to lay charges in all provinces of Canada, because it is not just in Quebec where the people have been and are being ripped off by the oil companies.
A good place for the Competition Bureau to tackle next is New Brunswick since virtually all gas and diesel sold in the province comes from one source regardless of what company banner the stations are flying. The Irving Empire controls the price of petroleum in New Brunswick from when the crude purchased, through the refinery process (Irving Oil Refinery, Saint John, NB), they then wholesale the products to virtually all retailers, and in fact are themselves involved in the retail selling of these products. Having that much control of supply and demand illustrates that there cannot be fair competition in the marketplace since the Irving's control the prices from start to finish.
When prices go up it is the Irving's who raise their prices first, and the rest of the stations in close proximity raise their prices to exactly the same amount. In the town where I live, both the Irving and the ESSO stations charge exactly the same prices while the Co-op charges one cent more, because of the fact that they are a full-service station, and offers no self-serve.
We need for the Competition to fine these greedy oil companies until they actually take the laws seriously, and if that doesnt work then maybe pulling their retail licences will. We need the Federal Competition Bureau to act, because we all know in New Brunswick that no provincial premier is about to tell the Irving's what they are and are not going to do. The politicians simply look in the eyes of the Irving's and cringe.
Actually Kreskin, OPEC says there is no shortage of oil, it is the greedy oil speculators who are buying up and hoarding that has created the situation we now have, because it has artificially inflated the cost of crude. Those are the people who need to be put in jail, and stripped of their ill-gotten profits.
That's just it, get rid of that oil futures speculation market. If they want it, they order it for immediate delivery.