Gas Prices Are Rigged

Economy

I am convinced that the price per gallon is RIGGED. I believe the whole Oil Industry is simply getting away with FRAUD and that Stephen Harper, George Bush, are COMPLIANT CONSPIRATORS in this RIP OFF. Yes it sounds harsh, but come on here. Let’s face reality and stop believing in the absolute bullshit that the Media throws out for the Oil Industry.

To begin with, travel is down, so that means DEMAND IS DOWN.

Production is UP, which means there is MORE OIL AVAILABLE.

So how come Oil Hit Record HIghs on Friday? Gee, because some idiot who claims to count, said the reserves were lower than they thought. That is like you telling your boss that you’ll have the work done by Monday, then when Monday comes along, you tell him that Sunday you realized it was going to take until Friday. HOW WOULD THAT GO OVER?

I am in business, and I know that when a customer buys something I sell for $30, I don’t email them and say, oh I guessed wrong, we have less than I thought, so the price is now $40. YET THAT IS WHAT THE OIL INDUSTRY IS DOING!

We went up Island this morning, for a bit of a break. Now gas is selling in Victoria for $1.52.9 a Liter from Petro Canada, Shell, Chevron, Esso. There is no variances, yet less than fifteen minutes out of the city, Gas at the Petro Canada Station was 1.49.9 a Liter. Not a big deal, right? Fair enough so up we went, and came through Mill Bay which is oh, 30 Km from Victoria.

PRICE PER LITER $1.40.5

So the price is over 10¢ a liter, and tell me, how in the hell is that right? It takes the Oil Industry more to supply those fewer stations than it does to fill the tanks in all the more central stations within Victoria. Yet they are cheaper than the city. In addition, there is a lot of agriculture out there, so the demand is pretty high as well. Farms don’t suddenly stop needing fuel for the Tractors, or Irrigation Machines.

Duncan which is further from Victoria, but larger than Mill Bay, well gee, gas per liter was at $1.42.9.

STILL CHEAPER THAN VICTORIA by 10¢

And yet the prices for food is as high there as in the city. WHY? Oh the cost of FUEL for the delivery trucks of course. LIke, uh, hasn’t anyone told George or Stephen that one day real soon, they are going to have pay for their own food? Or is that part of the retirement plan the Oil Industry has set up for them?

I really would like to know where our Government Leaders are. Seriously, the world economy is being derailed, and food prices are skyrocketing, and why? BECAUSE OF HIGH FUEL COSTS. This is just wrong, and while many in the Financial Markets seem to be profiting nicely, the rest of us who work for a living, are being pounded. It is time to KICK THESE POLITICIANS OUT.

Ian @ July 5, 2008