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buy oil stock?
Stop buying made in china, india etc... Their economies slow down and they have less demand for oil = lower prices.
Other than that, have a revolution, take over the oil fields in alberta and sell gas at cost price.
this is where the federal government should make the industry the same as natural gas, i.e if Enbridge wants an increase, they have to apply for it, and yes sometimes they are denied the increase. The oil companies should be subject to the same rules, that way we stop paying extra for gas paid at a cheaper price, and the oil companies have to justify the increase applied for.
Stop buying made in china, india etc... Their economies slow down and they have less demand for oil = lower prices.
Other than that, have a revolution, take over the oil fields in alberta and sell gas at cost price.
I understand prices increase, my point is, if oil drops $15 a barrel, and gas goes down 5 cents a L, then when when oil goes up $6 a barrel gas prices shouldn't go up 6 cents a L, there has to be a correlation with increases and decreases. I would understand if gas prices went up 2.5 cents a L when the price of oil went up $6. This is robbery at it's best, and this is where the federal government should make the industry the same as natural gas, i.e if Enbridge wants an increase, they have to apply for it, and yes sometimes they are denied the increase. The oil companies should be subject to the same rules, that way we stop paying extra for gas paid at a cheaper price, and the oil companies have to justify the increase applied for.
Does that apply to - stop invading other countries to secure cheap resources?
Cause if that stops also, regionalism / isolationism (which is counter to globalism) may achieve fair prices accross the globe, but that ultimately means higher prices here!
So are you advocating regionalism or continued imperialism / (opressive) "globalisation"?
Sounds to me like socialist regionalism by the looks of the end of that quote. Ultimately that would mean an uncompetitive regional market and lower subsidized prices only for a short time.
Either way you slice it, get ready for everything in the West to increase in price as the East starts to take some of the finite pie (that is Earth). Fair is fair.....or we fight for it!
The price of oil fluctuates based on future values (set by commodity traders on the open market). Obviously OPEC quotas, Oil reserve levels, geographic unrest affecting supply and demand play a big part into the future contacts pricing. But that doesn't necessarily mean the price at the pump will change along with it... certainly it will in the future, but not instantly. In the spring, many refineries go through routine maintenance, so if overall output is down while demand is constant or on the rise... guess what happens?
Here is also a good chart showing how prices are broken down as they fluctuate.
When oil goes up the prices change instantly at the pumps, the problem is the imbalance in price fluctuations. The government makes too much money in taxes per penny/l increase. They are predicting a global recession again because of it, this time Canada won't do so well, then what? the sheeple will be ****** at the PC's. I hope we go into a bad recession, as my job isn't affected by recessions, and I'll continue to make money and survive, but the average person will lose everything, the government will lose taxes, and our welfare system will be over whelmed.
You people really need to learn how money is created. Once you learn that, you will learn why hard assets go up and the corruption behind the dollar.
Sorry your conspiracy theory videos are not a stand alone source. A basic, REAl education in economics may help.
HAHAHAH..I love these comments "conspiracy theory "....people who believe in this conspiracy theory are going to do fine in the dollar collapse, people who don't are going to end up on the streets. Your choice, I don't really care if you sink or swim. I just care for the truth. I've already tripled my money with this on going dollar collapse.
You have to understand that all FIAT money is going down. Holding dollars is like sitting in a chair on the Titanic. When oil is going up, investors are opting out of the dollar.