stop your belly aching. Gas in Canada(Toronto anyway) chance twice a week. It can climb from 58cents a litre to 79cents a litre over night and then come back down a couple of days later.
OK, so it's only TWICE as expensive as in the US. But it's been that way for a long time, while we've been living with gas in the $1.20/gallon range until pretty recently.
"Kerry responded to the ad by noting that the president's chief economist, Gregory Mankiw, promoted a 50-cent-per-gallon increase along with income tax cuts. Kerry also portrayed the White House as tied to the oil industry.
"Instead of revealing a new set of attack ads, I think Dick Cheney ought to reveal who the oil executives are that he met in secret with to set the oil policy of the United States," Kerry said. "
these plants down here in Texas blow up , catch fire or have some type of accident all the time, and it never affects gas prices, well not here locally since we are so close to the refineries.
Adjusted for inflation, the current price of gasoline in the U.S. is not even close to a "record high". That record was set in March of 1981, when a gallon of gasoline cost the equivalent of $2.85 in today's dollars. Just to keep things in perspective.
In Newfoundland it's 88 cents a litre and we produce 1/3 of the country's light crude.
damn confederation!
Once the Equalization Formula is applied Newfoundland's revenues from oil production equate to 10 cents on the dollar. Our government also entered into an agreement (the Atlantic Accord) with the government of Canada. It was a trade off - the Hibernia mega project was largely subsidized by the federal government but we had to export the product for refining (among other concessions). Not a whole lot we can do here because we don't have the political clout; the ballance of power is in Upper Canada.
stop your belly aching. Gas in Canada(Toronto anyway) chance twice a week. It can climb from 58cents a litre to 79cents a litre over night and then come back down a couple of days later.
Come out east and you can really complain then. Regular earlier this week was over 85 cents a liter. Premium was something like 92 or 93 cents a liter.
Maybe gas prices would be better in the states if we weren't forced to be dependant almost 99% on OTHER countries for crude oil.
No, it's roughly 60%, with nearly half that imported from North and South American countries (Canada, Mexico, Venezuela). Not surprisingly, Canada provides the most oil to the U.S.
I'm not going to complain. I was just in Europe and paid about $5.00/gal in Amsterdam. About $90 to fill the tank. Thank goodness it was a business trip!
At the moment I'm paying 77p per litre for unleaded, and I'm in one of the cheapest parts of the UK.
(according to XE.com thats 1.17 euros a litre or 1.42 US$)
