Date: Sat, 5 Mar 2005 16:30:55 -0600
Reply-To: John Rodgers <inua@CHARTER.NET>
Sender: Vanagon Mailing List <vanagon@gerry.vanagon.com>
From: John Rodgers <inua@CHARTER.NET>
Subject: Re: gas prices- a canadian perspective
In-Reply-To: <25807E28-8DB0-11D9-B00C-0030657D68AA@telus.net>
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Don,
This is also what I think of US gas prices......shortage??? Pure BS.
Manipulated pricing??? You bet your Bippy!!
If you watch this fuels thing, you will, over time, begin to see that it
is manipulated to extract the maximum dollar from the market, costs of
acquisition be hanged. It's about maximizing profits. As soon as the
price is punched up to the point that consumption slows, price increases
stop, then may even drop a bit until the stream of money gets flowing
again. The management of this is very sophisticated, but believe me,
it's about profit taking, not availability.
In so far as world markets - I still say there is plenty of oil in the
world. It will cost something to get it, and that has to be accomodated.
But there is pleanty of oil world wide. Canada, the middle east, Russia,
China, the Balkans, the Falkans, Alaska, the contiguous USA as in Gulf
of Mexico, Alabama, Mississippi, Louisana, Texas, to name a few. And
there are others. Yes, it will cost to get it to market, but that cost
will be absorbed in by the world economies in time.
Aside from the oil issue thought is the need for clean fuels, and we
aren't getting there yet. Needs lots of work.
Regards,
John Rodgers
88 GL Driver
Chelsea, AL
don spence wrote:
> I live in a city in Alberta, population 1,000,000. It calls itself the
> oil capital of Canada. We are surrounded by oil fields and there are
> four major refineries within a 15 min drive from my house. I firmly
> believe pump price of gasoline is a highly manipulated figure.
>
> At the independent at the end of my block, the current advertised
> price for regular is 79.9 cents per liter. ( approx 1/4 US Gallon) The
> pump price is 76.4. (This is another inanity, 3.5 cents/ liter
> -14/galUS-off at the pump). In a small city, 50 minutes away, which
> serves an agricultural base, pump price is 68.4, 67.4 with your walmart
> card. This is a consistent difference. Has been for many years.
> Needless to say I fill up whenever I am there.
> In Alberta's other major city, 200 miles away, which has no
> refineries, gasoline prices are consistently lower than here where it
> is produced.
>
> One month ago the price was 74.9. Overnight it shot up to 81.9 and
> after a week dropped back down to 79.9.
> The first long weekend, in May, will see an increase of 5 to 7 cents
> per liter (20 to 28 cents per US Gallon). This usually happens
> overnight on Wed/Thur. We know to fill up on Tuesday before a long
> weekend. The price will increase at the end of June as well. Road trip
> time. I guess they blow up pipelines on long weekends and as a
> favorite summer holiday activity.
>
> Call me cynical if you like but I live with this BS
>
>
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