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I've seen this before Esthete, but I gotta say, the reason why gas prices are so high in the States is coz they havent friggin built a new oil refinery in 30 years!!! $#%#%&^% enviromental impact statements and NIMBYism!! :nooooo :nooooo :rambo:
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right....the title is more of a teaser.....
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and dont knock EISs. I make a living writing those! :? :mrgreen:
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The Oil companies have not built new refineries in order to control the supply. The Oil companies themselves and Oil speculators are the cause of high gas prices not "regulation" or tree huggers.
"Congress is demanding explanations from oil company executives who are making millions as their companies make billions. This week in an attempt to bring down prices, President Bush signed a new law that would halt oil from being added to the nation`s strategic oil reserves. But the president of the North Dakota Petroleum Marketers Association says 55-60% of the oil price crisis is the result of speculators like a New York man who just made a bundle of cash at your expense.
NDPMA President Mike Rud explains, "He took possession of the oil on paper four years ago and sold it here a couple of weeks ago, and it was a $307 million profit."
Rud says Congress needs to take action soon to stop the rampant oil speculation.
"We need to force these traders to take possession of at least 25-50% of this commodity,"
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OK, assuming that we are talking the US gallon, which is 3.785 litres, I am currently paying $9.50 Canadian for one...
It's £1.28 a litre here, highest in Europe I think...
We're screwed.
D
(and the math has been 1.28 x 3.785 = 4.8448 Conversion from £ to Can$ = 1.96099)
Still picking up the elderly from the floor, still dealing with the drunks, now wrestling seals and posting it on twitter.. @richardilderton
'Whoops' is not a word the patient wants to hear...apparently
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It is fucking stupid that Canadians are paying so much for gas. We have the oil in the country!!!
It's because we're selling it off. For those who don't know Jasper National Park now has a pipeline running through it so we can get oil to the coast more efficiently, and sell it overseas. A pipeline in a NATIONAL PARK!!!
We need to go back to what Trudeau wanted to do back in the '80's. Tell the other countries, "Nothing personal, but we need our oil". That way we keep it, have it at a fair price, and it's about looking out for one another... not about the $$$.
Frustrating thing is, the pig-headed tories are saying they're not stepping in to stop this ridiculous increase. Unbelievable.