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PostPosted: Wed Feb 22, 2012 11:53 am
 


Title: Experts warn of record gas prices across North America
Category: Misc CDN
Posted By: Strutz
Date: 2012-02-21 22:46:25
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PostPosted: Wed Feb 22, 2012 11:53 am
 


$1:
The only thing drivers on a budget can do is limit their travel and wait for the prices to drop. But analysts say it's hard to predict when relief will come.


Relief? That's a joke. When I first starting driving 11 years ago or so gas was around 60 cents a litre.

Now it is 1.29 here. Prices are never going back to where they were.

Relief is not coming. No one is going to push these prices back down.


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PostPosted: Wed Feb 22, 2012 11:55 am
 


When I started driving, it was 40 cents. A gallon.

No one will push prices down. Except if demand falls. If it does, it's because we're in trouble economically, so high gas prices are a good thing.


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PostPosted: Wed Feb 22, 2012 12:03 pm
 


$1:
high gas prices are a good thing.


For the Albertan/Saskatchewan economy? I'm sure high gas prices are awesome. If prices doubled tomorrow they'd probably think Santa came early this year.

For my bottom line? No, they're not.


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PostPosted: Wed Feb 22, 2012 12:13 pm
 


As I said, if gas prices are low it's likely that the economy is doing poorly as well - that may impact your bottom line as well.


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PostPosted: Wed Feb 22, 2012 12:13 pm
 


I just get pissed off when a Muslim somewhere frowns at us and the oil companies use it as a pretext to up the pump price overnight, which here in Calgary went up 6-to-8 cents from yesterday. No one in North America even gets oil from Iran anyway and Hormuz hasn't been closed yet by Ahmadinnerjacket's mighty navy (which the Americans will probably sink in it's entirety in less than 24 hours when the fight breaks out for real). It's total crap and we all know it. More like it's some asshole speculators on Wall Street, as usual, we are behind all of this just to line their own pockets some more. :evil:


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PostPosted: Wed Feb 22, 2012 12:25 pm
 


$1:
As I said, if gas prices are low it's likely that the economy is doing poorly as well - that may impact your bottom line as well.


Not likely. My employer depends on high prices for gold. Not oil. High fuel costs translate to higher costs for transportation of personnel and equipment.

For us, high fuel prices are a negative.


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PostPosted: Wed Feb 22, 2012 12:39 pm
 


High fuel costs are bad news for Obama who stopped the Keystone pipeline.

Hate to say, but I'm willing to pay $7 a gallon if it means Obama gets denied a second term.


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PostPosted: Wed Feb 22, 2012 12:42 pm
 


That pipeline may just get fast tracked now. :lol:


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PostPosted: Wed Feb 22, 2012 12:51 pm
 


The pipeline is already under construction.

Who honestly believed that it was waiting for 'approval' when all the pipe had already been stockpiled at key construction points? No company would take that risk...none.

Oklahoma to Houston/Port Arthur has already begun.


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PostPosted: Wed Feb 22, 2012 12:52 pm
 


saturn_656 saturn_656:
$1:
As I said, if gas prices are low it's likely that the economy is doing poorly as well - that may impact your bottom line as well.


Not likely. My employer depends on high prices for gold. Not oil. High fuel costs translate to higher costs for transportation of personnel and equipment.

For us, high fuel prices are a negative.


I think you're being far to narrowly focused. You and your employer don't live in a vacuum. If the economy is in the tank so may your business be.


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PostPosted: Wed Feb 22, 2012 12:54 pm
 


The pipeline will happen. More a matter of "when" rather than "if".

Obama is simply a bump in the road. One we didn't need, but oh well.


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PostPosted: Wed Feb 22, 2012 1:01 pm
 


andyt andyt:
saturn_656 saturn_656:
$1:
As I said, if gas prices are low it's likely that the economy is doing poorly as well - that may impact your bottom line as well.


Not likely. My employer depends on high prices for gold. Not oil. High fuel costs translate to higher costs for transportation of personnel and equipment.

For us, high fuel prices are a negative.


I think you're being far to narrowly focused. You and your employer don't live in a vacuum. If the economy is in the tank so may your business be.


Don't think so. When the global economy tanked in 2008, no one here really noticed. If we did not watch the news, we would have had no idea anything was amiss. No layoffs, yearly raises came as expected, etc.

Business as usual, for the most part.


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PostPosted: Wed Feb 22, 2012 5:55 pm
 


The idea that the Keystone pipeline will lower prices at the pump is a pipe dream. I read an interesting article the other day about how the largest American export is now fuel. If the U.S. is swimming in so much gasoline, diesel fuel, and aviation fuel as to be our number one export.........than why is gas at $4 a gallon and climing? It all comes down to business. Why would an oil company want to sell gasoline to Americans at a paltry $4 a gallon when they can load it on tankers in Port Arthur and get two and a half times the rate exporting it?

I am all for building the pipeline. I am for the constuction jobs it will create. I like the idea of a secure source of crude oil, and sending less Dollars to a part of the world that does not care for us. We have to live in the real world. This pipeline is not going to bring down prices at the pump. Big oil is big bussiness. The bottom line is the bottom line. This pipeline is just going to make it easier and more profitable for the oil companies to export their goods to other countries where the prices are much higher. They are doing it now.


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PostPosted: Wed Feb 22, 2012 8:00 pm
 


rickc rickc:
The idea that the Keystone pipeline will lower prices at the pump is a pipe dream.


Agreed, but on the bright side when the prices go up we'll get to see all the anti-keystone government types in the US break a sweat when all their constituents demand they do something about the prices. No the Keystone won’t change anything but it’s all about perception and anyone who even so much as appears to be standing in the way of Americas energy independence will be facing a lynch mob.


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