After a trip to Saskatoon & back, I found it interesting that Diesel fuel prices are lower than gas prices in Alberta. I guess it's just the BC branches of the Oil Companies that are ripping off the diesel users????

Just wait, you haven't seen anything yet. Gas will be $1.20 by Monday and as I have said in the past $1.50 by summer.

The USA is enjoying the self-appointed role of "policeman of the world" with Canada as one of its allies.

That doesn't come without a high price and we are paying it at the pump and in many other ways.

Predictions are for $100 a barrel of crude if physical hostilities break out with Iran; double that if it involves non-conventional weapons.

China and India are competing with the rest of the world for the same crude oil resources.

Can our federal government cushion the blow? Would Alberta let Canadians have our own crude oil at a more affordable price?

Time will tell.

Gas dealers have their fingers on the pulse of the economy.

I understand oil futures for June are $80.

The rising cost of gas is a Major problem, however no one seems to be able to come up with any ideas to solve it. In this area most people continue to drive big vehicles and dont seem to be too concerned about the price. It is the people on lower incomes that are feeling the pinch, but when has anyone cared about them??

We need to boycott one specific outlet and let them either lower their prices or go broke. That would be the quickest way to solve this problem, however in a group of 4 people you would be hard pressed to get 1 to go along with you, so scrap the boycott.

Another way to handle the situation would be for vehicle owners to not fill their gas tanks beyond a quarter of a tank. The oil Companys rely on us to fill our tanks and therefore they can reduce the amount of storage they need to distribute their product. If all vehicles reduced to 1/4 tank only, this would back up the gas in the pipelines all the way to Saudi Arabia, and Gas Co., would very quickly reduce prices to get gas moving again. What are the chances of getting people to go to the pumps 4 times for the same amount of gas they can get by going once?? Scrap the 1/4 tank idea.

Another idea would be for all vehicle owners to reduce the amount of Gas they burn for about a month. This would reduce revenues to the Gas Co,s and they would reduce the price so they could sell more gas. Considering that 60% of all gas burned in Canada is for recreational driving you would think that by not driving as much a few days per week we could pull this off. What are the chances of that??
The Gas Co,s have the upper hand in this situation because they know that Canadians will do absolutley nothing about this situation except complain. Complaining is the Canadian National Pastime. Action on any issues is rare, except from Truck Loggers, and Farmers. The balance of the Country is what Nom Chomsky calls **Joe Sixpack** Give them a Case of beer, a Hamburger, and a Football Game, or a Soap on TV, and you will not have to worry about them, as they will be happier than a pig in ....

For those of us who can still think in Gallons, the Price for a Gallon of Gas is now about $4.94. This of course is outrageous, however thats the way it is.

I realize the prices look high. But look at the price of real estate today, especially in larger cities. Even the price of cars have gone up in the last 20 years. In fact, everthing has.

So, we ought to compare the cost price of gasoline against dollars adjusted for inflation, or against disposable income.

From the linked USA site below come these words.

"We can compare gas prices over time by calculating the cost of 1,000 gallons of gas purchased at the average price in a given year, as a percentage of per-capita disposable income in that year. For example, in 1935, when gas prices were 17 cents per gallon and annual disposable income was $466, the cost of 1,000 gallons of gas was 36% of average disposable income. Today, it takes less than 7% of our disposable income to buy 1,000 gallons of gas at the current $2.10 a gallon. The "cheap" gas of the '60s and '70s cost about 12% as a share of income.

THat was a year ago, of course, and the price has gone up about 20% since then. We are getting close to historic high prices when adjusted.

http://www.usatoday.com/news/opinion/editorials/2005-05-31-gas-prices-edit_x.htm

The fact remains, we are running short of the commodity and we need to make some serious inroads into finding another form of convenient and low cost energy primarily for transpotation.