Figures don't lie, but liars can figure....
isn't that the way that adage goes?

I think this raise is a crock but I have no control over it..but as I need fuel to get around, I have no choice but to pay the price.
Obviously nor does the government.
Oh wait, they like it, more tax money for them....
And no people boycotting a service stations isn't going to make one bit of difference.
Gas companies, in Canada, don't own the gas stations. It is all franchises.

I see propane is still 46 cents at some stations.

When it dropped a whole penny last week, I said watch for the spike, well here it comes and it's not finished by any means. Prepare for 130.0 to 150.0 per liter by summer. Stay home and wach TV.

Just goes to show you that the left-wing Centre for Policy Alternatives and the right-wing Fraser Institute subscribe to one and the same policy when it comes to their views on COST and PRICE.

Just because the PRICE of a barrel of oil is near $ 100 US certainly doesn't mean the COST of producing that barrel of oil has risen commensurately.

Cost is something actual, what was used up in extracting oil from the ground and getting it into a form that's then consumed.

Price is something artificial, whatever can be extracted in 'money' from consumers who need petroleum products. Make what's plentiful in actuality artificially scarce, and keep it that way, and just see how much 'money' can be had in PRICE.

When an oil monopoly exists in complicity with "our" governments, by cutting them in for a share of the take, we can rest assured that the PRICE we'll be charged has only a remote nexus with COST incurred. And we'll continue to be in for a real hosing everytime we fill up.

But hey, whose fault is that? None but our own, for we keep electing right-wing boobs and left-wing boobs, and there's not a whit of difference between 'em.

Darn, I thought it would go down. No, not really.

Most pizza and chinese food places haven't raised their wages to delivery drivers to compensate for this horrendous rise in gas and mechanical costs. Wonder why this service industry is lossing drivers....

And yet, sales of large trucks and SUV's continues to be strong. Want to save money on gas? Use less of it.

"I think this raise is a crock but I have no control over it"

then we have these words from an apparently independent body:

"With today's crude oil price of $97.91 USD per barrel and the US dollar at $1.00 CAD, the price of regular unleaded gasoline in Prince George should be $1.12 per litre at normal profit margins."

So, when our prices were higher than was calculated by that body as being reasonable given the circumstances, everyone complained .....

Now that it is reversed ... everyone complains .....

conclusion ..... everyone likes complaning ...

;-)

A few years ago when one wanted to buy gold, it was $400 or so an ounce ... now it is twice as much .....

Did the cost of production go up??? ... maybe, but not to that extent.

Are we running out of gold? ... not really ....

Are people speculating what will happen to the economy and what will happen to the price of gold? ... yup ....

and that is the key reason why the price of gold is rising ....

and oil is no different .... there is speculation about the availability of oil based on the security of the world, the capacity of oil refineries and their ability to deliver .......

It is speculation about short term ability to get gas to the pump that is driving up the price.

The primary winners? The owners - countries and provinces who get royalties on the oil ......

Alberta is getting richer by the day ......

But are 'Albertans' getting richer day by day? They got ONE oil dividend from King Ralph. And that was it. Sure jobs are plentiful. But their cost of living is going through the roof. Absorbing all the incomes, and more, most of those jobs provide.

Alaskans, on the other hand, do individually profit from a substantial oil based dividend that offsets the price they have to pay for THEIR oil. Every year. Every man, woman and child. From the Alaskan Permanent Fund.

If BC is self-sufficent in oil why should WE be affected by speculation? The COST of producing that barrel of crude and refining it here hasn't escalated just because some hook-beaked speculator in New York's or London's financial district is manipulating a market in oil futures.

The PRICE of petroleum products, produced in BC from BC crude, should be based on actual COST, here in BC.

Or, if we feel we should pay 'world price' for OUR own resource, we should be compensated with a dividend for the difference. One that comes to 'us', not to our 'government.

And one more thing. Just look at the 'consolidation' of control that has taken place in the world's gold mining industry in the past few decades. It has amazing parallels with the 'consolidation' that already exists in oil, and what's being established over other commodities.

I'm not rocket scientist but isn't gold going up because people are fleeing volatile currencies? Like the American dollar? Replacing those dollars with Gold?

If you have a suggestion there owl, I am more than willing to give it a once over.
The government has a lot mmore control over this than they let on, or than you or I do.
So I guess I can vote them out when that time arrives.
Until then, lets hear your ideas. See if we can get the prices lowered.

~Better check on the price fixing of the chocolate bars these gas stations sell. That will make me happy.