Thursday, October 16, 2008
Gas Prices are a Rip Off
I am sure that the Harper Government will do nothing to regulate the price gouging of the oil companies. This is the new government looking out for ordinary Canadians.
Thus don't expect the price of gasoline to halve when the price of oil does.
Futhermore (1) many gasoline refineries shut down during hurrican Ike, creating a minor shortage, and (2) there is a lag between changes in the price of oil and of gasoline.
Oil Companies have been gouging us for a long time, oh but it's not collusion or a monopoly even when the prices are the same everywhere and go up and down exactly the same amount every time.