Canada's economy is a disaster from low oil prices

torontoke

Well-Known Member
When the cost per barrel goes up the price is increased immediately, yet when the cost goes down they wait a few days to a week for it to average out before readjusting it.
Its scummy and unfortunately only one of the reasons our economy has turned to shit.
The government has been feeding people "just the tip" for so long that no one realizes just how deep they are now getting it.
 

Red1966

Well-Known Member
Our government is to blame fully. Relying on dirty oil, fear mongering about terrorists, and participating in un sanctioned wars. Next thing you know Canadians will be fighting in Ukraine. Harper needs to go, don't you agree Red?

Itsme.
I thought this was about the oil prices dropping, but you seem to have some other agenda.
 

Red1966

Well-Known Member
Our government is to blame fully. Relying on dirty oil, fear mongering about terrorists, and participating in un sanctioned wars. Next thing you know Canadians will be fighting in Ukraine. Harper needs to go, don't you agree Red?

Itsme.
I thought this was about the oil prices dropping, but you seem to have some other agenda.
 

Red1966

Well-Known Member
The question I have to ask myself is "Is that really the cost?" The oil companies probably said that. But that's beside the point. I think the whole idea is to keep inventory high and the price low to put as big of a squeeze on Putin as possible. Oil production is a massive portion of their GDP.

If there was any way to bet on higher crude prices at some far off time in the future other than filling my pool with it you better believe I'd be making that bet. They will rise when it benefits the right people or market conditions change. Until that day $50-60 crude is here to stay.
You can buy futures in oil if you want to bet on higher crude prices at some far off time. It's the Saudis that are putting the squeese on, both Russia and North America. They don't like Putin and they hope to bankrupt the companies that have found the technology to make us independant of their oil.
 

VIANARCHRIS

Well-Known Member
Not a lie, a real phenomenon; summer gas needs to have lower vapor pressure, this makes it more expensive.
Not true. While refineries adjust their additives for the climate, it cost no more to produce gasoline for summer use than it does for winter.
 

cannadan

Well-Known Member
if you only had 5 gallons of gas to use each year you know for each man woman and child......I bet our priorities would change quite quickly on
when and how we use our fuel allotment.
 

ttystikk

Well-Known Member
if you only had 5 gallons of gas to use each year you know for each man woman and child......I bet our priorities would change quite quickly on
when and how we use our fuel allotment.
I think we should tax fossil fuels based on their carbon content and the excess used in its production, thus taxing coal more heavily than gas, natural gas and propane much less- and production sites like the Alberta Tar Sands which use 15-25 bbl per barrel of finished saleable product would be totally unsustainable.
 

gb123

Well-Known Member
I think we should tax fossil fuels based on their carbon content and the excess used in its production, thus taxing coal more heavily than gas, natural gas and propane much less- and production sites like the Alberta Tar Sands which use 15-25 bbl per barrel of finished saleable product would be totally unsustainable.
better yet... just don't use the trash... :)
 

itsmehigh

Well-Known Member
I thought this was about the oil prices dropping, but you seem to have some other agenda.
My only agenda is to over throw our corrupt government. Harper didn't have the foresight to divesify and put all Canadians eggs in one basket against our wishes. He is supposed to be working for us, we're the boss not him.

You Canadian Red?

Itsme.
 

ttystikk

Well-Known Member
better yet... just don't use the trash... :)
I'm working on it. Meanwhile, less is still better. Who here is carbon free- or even neutral- and still grows with artificial lighting?

I believe the bridge from here to there can be built with natural gas and fuel cell technology. Solar panels and wind can certainly help but you can't build a fully stable, around the clock grid with them.
 

Red1966

Well-Known Member
My only agenda is to over throw our corrupt government. Harper didn't have the foresight to divesify and put all Canadians eggs in one basket against our wishes. He is supposed to be working for us, we're the boss not him.

You Canadian Red?

Itsme.
As I thought. So you shut down all your other businesses and everybody worked for the oil companies, and now they're out of work? Yes that was dastardly of him.No, I'm Matel Red. AKA Matty Matel.
 

gb123

Well-Known Member
there's not much in the way of "regular employment" all across this lovely country.
Not matter what the blue balls says!!!
 

cannadan

Well-Known Member
Its no longer just the price at the pump anymore.....
its the price that... each and every barrel.... we and others produce,
will subjugate us.... environmentally the monetary aspect will expand exponentially,
until....we break under the stress and are not even globally able to throw enough money at things,,,to make
a difference.
and if you still believe the TV commercials.....about fuel efficient enough vehicles to save the world....
then there is not much help left for you....
I sometimes find myself in a panic....over what kind of future there is for my kids....but I also
hold out hope ...because I also know, its my kid,,, who is one of those people left with responsibility to try and fix things....
and she is the smartest person I know
 

itsmehigh

Well-Known Member
Its no longer just the price at the pump anymore.....
its the price that... each and every barrel.... we and others produce,
will subjugate us.... environmentally the monetary aspect will expand exponentially,
until....we break under the stress and are not even globally able to throw enough money at things,,,to make
a difference.
and if you still believe the TV commercials.....about fuel efficient enough vehicles to save the world....
then there is not much help left for you....
I sometimes find myself in a panic....over what kind of future there is for my kids....but I also
hold out hope ...because I also know, its my kid,,, who is one of those people left with responsibility to try and fix things....
and she is the smartest person I know

Ya it's too late for our generation, we need to teach our kids. They will be the ones who can really make a difference. It's up to their parents to educate them. We need to break our reliance on fossil non renewable fuels.

Itsme.
 
Top