Quote: (12-07-2011 03:05 AM)kosko Wrote:
I am confused to how it involves Obama? If you have a stockpile of petrol gas and the closest available buyer isn't interested what do you do? These refineries, especially on the Gulf Coast run almost 24-7. A lot of that Oil is coming from the tar sands, and those refineries are the only ones close enough to handle the shitty bitumen sand we send down.
Market oil prices have very little to do with gas prices at the pump. There are many stages in between that chain which effects why the price is. Getting stuff out of the ground, speculation. wholesale markets, etc.. all have to do with it.
Yes it sucks. But by the argument being presented Canada should have gas as cheap as the Middle east. Canada still has to import oil, since the USA govt won't let us build a continues pipeline to the Eastern part of Canada. We are one of the top producers on the globe and still pay sky high prices. The oil industry has us by the balls, Obama is a slave to them just as much as we are.
Kosko, don't we already have a pipeline running from Alberta to Sarnia? The main reason our gasoline is so expensive in Canada is due to high federal and provincial taxes, and that "shitty bitumen" from the "tar sands", helps our country sustain such a high standard of living and employs hundreds of thousands of Canadians, myself included!
Oh ya, Obama just put a stop the the expansion of the Keystone pipeline which would have delivered even more Canadian oil to the Gulf Coast refineries, which would have in turn created something like 20,000+ jobs state side!