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Getbig Main Boards => Politics and Political Issues Board => Topic started by: 240 is Back on February 26, 2007, 07:35:12 AM
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Rising cost of crude oil.
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Here in Ontario it's gone up dramatically. We had a fire at an Imperial Oil refinery.
Coupled with a CN rail strike, they're having difficulty getting fuel to stations. There are Esso stations all over Ontario that have no gas. Now the other refineries are raising their prices to follow suit.
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Rising cost of crude oil.
What gets me is prior to the huricanes oil was like $50 a barrel right and gas was like $1.40 (at least here)? Then the hurricanes hit and it jumped to $70 a barrel and the gas went to $3.00+. Well last month the oil dropped to $50 a barrel again but gas stayed $2.00. WTF is up with that? I guess they feel that anything less that $3.00 is better so they keep the price up?
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But as of recently it was down by almost 20 cents before that. It's always going to fluctuate, but at least in the US we don't get slammed by prices like the rest of the world.