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Pressure building for inquiry into gas prices »
Posted by: STONERS 2 years, 6 months agoThe Consumers' Association of Canada began demanding the inquiry after gas prices rose sharply across Canada on Tuesday, with oil companies blaming the spike on low inventories.
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Comments: 24
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STONERS
May 2, 2007, 1:08 p.m.We've got no satisfactory explanations as to why these huge price rises take place year after year.
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OldHickory
May 2, 2007, 8:17 p.m.Start a boycott at the local level.
I realize that non-company owned gas station owners are for the most part just working stiffs like the rest of us and we shouldn't take it out on them. However, how many of you purchase items from the mini-marts at these stations? If I were to boycott I would start by not purchasing anything from mini-marts. The stuff they sell is way overpriced anyway. You can buy milk, bread, etc. cheaper at your local grocery store and the money you save would offset the seemingly endless rises in gas prices. Stations make very little profit from gasoline sales. It seems to me that if the station owners are given a disincentive they would start crying to the petroleum companies and their distributors about their lost profits. I don't think the oil companies want a bunch of unhappy station operators out there. Windfall profit is all they seem to understand so lets take away some of that profit and put it into our own pockets. Maybe that will get their attention.
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flyrod
May 3, 2007, 8:10 a.m.I wish the Canadians luck. Here in greed city America there is to much kick back going on to get an impartial investigation. What is obvious to most intelligent people as price gouging is just termed as a healthy business environment by our government officials. In other words, bend over cause we're screwed.
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groingo
May 3, 2007, 9:55 a.m.Hope they have better luck getting something done than here in the US.
All we get is a few headlines and then the government says "were going to investigate...blaa blaa blaa" and nothing ever comes of it, then we all get the further slap in the face every quarter when the oil companies announce yet more record profits!
Looks like Canada is paying about five dollars a gallon now and still climbing and it looks like the problem is in the American refineries....at leasdt that's the popular excuse.
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miklkit
May 3, 2007, 10:45 a.m.I quit believing the oil monopolies lies decades ago. don't believe a word they say. Just tax the heck out of them.
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Harbeas
May 3, 2007, 1:09 p.m.Too bad they don't teach economics to Americans? This is not economics this is out and out robbery. If they are passing their costs on to the consumer and then adding in a profit there is something wrong here. The oil companies are making record profits(much higher than other companies) at the consumers expense. Dont' give me the crap about supply and demand either. When your profits are this obscenely high, lower your prices!
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OldHickory
May 3, 2007, 1:11 p.m.Msimon seems to be deluding himself if he thinks reducing demand is an answer to the problem. There are thousands of new drivers hitting the roads every day. If the death rate, or people that quit driving due to age, is always less than the number of new drivers hitting the roads how is this reducing demand. Do you just tell them they can't drive because you want to reduce demand? Yeah, that'll work! Maybe msimon needs to brush up on his 8th grade arithmetic before tackling economics.
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runningspirit
May 3, 2007, 1:29 p.m.Top 10 Reasons Oil Companies Give for Gas Spikes:
10. Osama Bin Laden was heard sneezing in remote cave.
9. It rains a little too much in the gulf.
8. Somebody forgets to unload the oil trucks once in a while.
7. A opossum sneaks into a pipe line for an oil bath (this one is actually true).
6. The CEO wants an extra $200 million for his private island fortress.
5. Everything else is going up.
4. Because we finance the majority of politicians in Washington.
3. We are trying to catch up to the price of milk.
2. We like being rich.
1. If you were me, wouldn't you raise the price?
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