Re: Big Oil and the Truth
[quote=sterling013]
Many of you (and politicians) want to take the profits of big oil, But if you're big oil, why would you even consider investing billions of dollars in a country that is trying to effectively ban your product?
Actually, the number one country we get oil from is Canada.
You get your oil from Canada where it is produced, and where it is sold by the litre. It's currently 1.15/ litre or in US gallon equivalent 4.60/gallon.
Shell owns many of the gas stations and sets their own prices. They are both the distributor and retailer. They forced many private owners out.
The price now can vary as much as 15 cents/litre or 60 cents a US gallon within a few miles. Explain that...
Don't you worry about oil companies who invest billions. They are holding the country ransom. You can drive a Prius but if the masses go this way, dont be surprised if the oil companies just charge more and more for less gas> They will enjoy the same profits having sold only a fraction of the gas.
The free market BS is about as phoney as the price of diamonds.
If the North american population was on the ball they'd pick one gas company and boycott them until they dropped the price. It's not like they are doing us a big favor. If they dont sell it to us then who will purchase it?
Last edited by jaded1958cars; Feb 26, 2008 at 11:43 PM.