Comments on: Gas oversupply to weigh on oil prices? http://blog.canadianbusiness.com/gas-oversupply-to-weigh-on-oil-prices/ Fri, 20 Nov 2009 07:52:10 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: john http://blog.canadianbusiness.com/gas-oversupply-to-weigh-on-oil-prices/comment-page-1/#comment-30762 john Fri, 10 Jul 2009 17:19:29 +0000 http://blog.canadianbusiness.com/?p=2838#comment-30762 something really smells here. oil going from 60 to 140? that's not a normal progression of pricing. i blame it on some major traders who have control. As in the past, it has shocked the economy. But the ultimate purpose is THEIR self interests. I agree with more natural style of living but hate when groups, who have no direct involement in production, take advantage of the situation. As much as I am for free enterprise, I also firmly believe in moral objectives. Yes, we have to get to alternative fuels but by blackmailing and crippling the population is not the answer. I think the US has an issue. They have to realize what energy really costs, not just consumption wise, but infrasture wise, compared to the rest of the world their cost of fuel is minimal. The end result is this crisis. Most countries through the world impose taxes which address (theorectically) an infractructure to provide for transportation. Why doesn't the US do the same? my emqil is scijj@hotmail.com something really smells here. oil going from 60 to 140? that’s not a normal progression of pricing. i blame it on some major traders who have control. As in the past, it has shocked the economy. But the ultimate purpose is THEIR self interests. I agree with more natural style of living but hate when groups, who have no direct involement in production, take advantage of the situation. As much as I am for free enterprise, I also firmly believe in moral objectives. Yes, we have to get to alternative fuels but by blackmailing and crippling the population is not the answer.

I think the US has an issue. They have to realize what energy really costs, not just consumption wise, but infrasture wise, compared to the rest of the world their cost of fuel is minimal. The end result is this crisis.

Most countries through the world impose taxes which address (theorectically) an infractructure to provide for transportation. Why doesn’t the US do the same?

my emqil is scijj@hotmail.com

]]> By: Jack Zufelt http://blog.canadianbusiness.com/gas-oversupply-to-weigh-on-oil-prices/comment-page-1/#comment-27853 Jack Zufelt Mon, 22 Jun 2009 21:45:29 +0000 http://blog.canadianbusiness.com/?p=2838#comment-27853 Let's hope so. Then again it seems like the only way anything affects gas prices is in a negative way. Let’s hope so. Then again it seems like the only way anything affects gas prices is in a negative way.

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