What do you think of rising gas prices and what do you think is causing gas prices to go so high?
In southern Ontario gas is predicted to go to $1.55 a litre. That adds up to $6.20 a gallon by the end of May when gas usually goes up. I can see our tourist business will be struggling under these gas heights.
Instability in the Middle East is driving prices up along with limiting production. If more drilling had been done 10 years ago, the supply would force prices down. The decline of the US Dollar is also a major factor in the rising price.
Greed of the oil companies, lack of planning and alternatives for countries that use a lot of oil and the oncoming vacation season.
I cannot speak for Canada but the US for one has not made use of the resources we have and have become overly dependent on foreign oil. The catch is American companies like Exxon buy from other sources and are making a killing, additionally we have not been refining oil here but shipping it overseas for refining. This is another example of opting out of your own infrastructure building.
I am in favor of "sustainable practices"; yet there has to be balance in everything. Now we find ourselves in unbalanced situation with the cards in the hands of others; that would be the one with the oil. We can blame the Middle Eastern countries till the cows come home, but we game them this power.
There is a silver lining in every dark cloud, we as a people all over the world are being forced to use our ingenuity to extract ourselves from the energy crisis that is actually yet to come.
The time is long past for people to be passive in times like this, of coarse I am very opinionated about things such as this conundrum, if you don't stand for something, you may fall for anything. Blessings:
Speculators are the villians. Hoarding the oil and driving the cost up. We are drilling more oil today then when President Bush was in office. So follow the money, speculators and wall street.
It is £1.40 a litre here atm which is silly ... it's due to greed from the world bankers the price rising.
by Sharlee 21 months ago
With inflation rising and gas prices surging, Biden faces hard political realities ahead of the November midterm elections. Part of the problem could be if he pushed too quickly to initiate his plan for clean energy. He came into office and used his pen to truly piss off "big...
by Suzanne Levac 13 years ago
I just heard that it is very probable that the gas will go up to $5.00 a gallon in the near...future in the United States; do you think it will happen? And why is it going up that much?
by Randy Godwin 5 years ago
Gas prices are soaring as usual under Republican leadership. This will hurt middle and lower classes more than it does those who got the lions' share of the tax cuts. Not only do we have to repay the Chinese for the money we borrowed , we now have to pay higher prices for fuel. I hope those wanted...
by Doug Hughes 12 years ago
When gas prices were going up, Wingnuts were tripping over each other in a rush to blame the president. Even though he had nothing to do with it.President Obama ordered a release of strategic reserves. Prices have dropped over 50 cents per gallon in Florida.What do we hear now?
by Holle Abee 12 years ago
http://www.realclearpolitics.com/video/ … _bush.htmlBush gas at $3 a gallon bad! Obama gas at $5 a gallon okay and not his fault. Got it.
by Ledarral46 16 years ago
Fight High Gas Prices Now!Americans. It's time to fight high gas prices. I have an easy, but sure way to do it..People try to take on all oil companies at the same time. It can't be done. My methodis to take them on one at a time. Pick out one of the major...
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