Yeah it's crazy. We really get gouged here and always have. What's infuriating is that we have more than enough production to be self sustaining so worldly events should not even affect us but yet it does. Lot of corruption and overall bad policy decision making is involved.
Two of those companies no longer exist and 76 is a front for the House of Saud.Time to drag this back out...
Gouged ? You just don't understand how the price is set. It's an international market.Sould look that up.
I filled'er up yesterday in Toronto @ 1.75/L. Price may go to $ 2 this week. The large increases over this month are tough for hand to mouth consumers but to me it's a small price to pay to help frustrate Pukin and, by keeping unnecessary verhicles off the road , cleans the air of carbon pollution.
Russia's oil isn't banned... yet. They are talking about $150 oil if that happens (currently at $115).
Unintended consequences. Our legislators are really nuts for advocating for a full ban on Russian oil and gas. If oil was cheap and inflation tame, then it would be okay. In the current environment, it would spark a recession.They're having trouble finding takers for the cargos. At least a few million bpd sitting on the sidelines now.
Unintended consequences. Our legislators are really nuts for advocating for a full ban on Russian oil and gas. If oil was cheap and inflation tame, then it would be okay. In the current environment, it would spark a recession.
Unintended consequences. Our legislators are really nuts for advocating for a full ban on Russian oil and gas. If oil was cheap and inflation tame, then it would be okay. In the current environment, it would spark a recession.
On NBC Nightly News yesterday, they interviewed a few folks at the pump and people said they'd be willing to pay a little more if it meant Russia was taking a financial hit. The problem is it's not just the direct hit from gas prices that consumers DO care about.* But all consumer goods have to be transported from port to the point of sale, so inflation is likely to get hotter soon.
* $4/gallon has always been this mythical psychological barrier in the U.S. where the news will find endless numbers of people complaining about empty wallets. But the all-time record from 2008 would be approx. $5.47 when adjusted for inflation.
good thing everyone is addicted to their shitty SUVs and useless, garbage, gigantic pickup trucks.
Gouged ? You just don't understand how the price is set. It's an international market.Sould look that up.
I filled'er up yesterday in Toronto @ 1.75/L. Price may go to $ 2 this week. The large increases over this month are tough for hand to mouth consumers but to me it's a small price to pay to help frustrate Pukin and, by keeping unnecessary verhicles off the road , cleans the air of carbon pollution.
i was gonna get rid of my tiny cramped honda and get a subaru with a little more room
but now i think i'll keep this uncomfortable 37-mpg-getting thing for another 10 years
14.59DKK/L
So that is ~9.64 $/gallon.
But we bought a house close to my work (400m), so I walk to work and shopping is just another 400m, so we only have one car. Which my wife uses, she has ~20km to work.
They all already jumped on board one way or the other. But there's only so much speed a company can do. Sometimes, it is real world testing that can then address issues, with fires being one of the major ones.I have a general understanding of it but my point is it should not work that way at all. We have enough oil here, we should be building our own refineries and making our own fossil fuel and not relying on the global market at all.
Another way to look at it, if you have solar power and hydro raises their rates, then you should not be affected since you're not on hydro. We should break away from the global market and become self sufficient the same way someone on solar would be self sufficient from the power grid.
One GOOD thing that might come out of this though is it might light a fire under auto makers to start taking EVs more seriously.