HawthorneVillager.com

It is correct that London and New York sets the price for OPEC oli, however, this is the banchmark used by other non OPEC suppliers, including Canada (Alberta, PEI), to set their prices.

Let's just leave Bush out of this boards, will keep ther level of discussions civil.

It will be curry-chicken without chicken; taste is here but nothing to bite on.
Let's leave Shady Harper promise to lower taxes for gas pices as well.
Why I have to curry favour for those two liars. I'm not thier slave.

Didn't both of them replace professional liars when they came into power?

"It’s the system"
And I’m saying it like the Rudolf in this winter-time commercial.

kf095,

I'll bet you a curry-chicken when the upcoming Federal Budget details are released there will be a cut in gas taxes.

kf095, I'll make that two curry chickens if you're interested.

_________________
Mark

OK. In England they have no V8 trucks, because standart is L4 diesel with outstanding fuel economy.
http://toyota.co.uk/cgi-bin/toyota/bv/g ... 95&sr=Mall
They have diesel Yaris too. Even if it cost twice per litre of gas it is same fuel consumption per 100km. (It is almost the same in gallons-miles, but you have to add the price for one pint of Gueness, I would never drive in England for 100km without stopping in one of the real English pub, because it is the real man paradase)
Another thing is the size of England. It took me few hours to get from Basinstock to Liverpool (or York) and it was like half of UK, here to get out only from Ontario you have to drive one day. We are driving here ten times more compare to English commuters, they have trains instead, which are running at least every one hour, not three times per day on the single track like here.

Look at Brazil, totally self sufficient on Ethanol from sugar canes. Cheap, enviro friendly etc. ....Might as well make $$ on oil though while we still can...
Its just a matter of time before when we can say buh buy to importing oil from the Middle east.

Canada imports very little or no oil from Middle East. US actually imports more oil from Canada (Alberta) than Middle East.

The thing is that oil is a global commodity and since OPEC is the biggest oil supplier worldwide, its crude prices are a banchmark for all other oil exporters.

3/4 of the way to the predicted $100US/barrel....

Oil Prices Hit Record $75 US a Barrel
Last Updated Fri, 21 Apr 2006 13:45:02 EDT
CBC News

Oil prices continued to climb on Friday, reaching $75 US per barrel for the first time.

The price of oil drives the boom in Alberta's oilsands.(Canadian Press)

In afternoon trading on the New York Mercantile Exchange, the June futures contract for light sweet crude hit the new intraday high before slipping back slightly to $74.80 US.

Trader nervousness over the international response to Iran's emergent nuclear program and fears of a gasoline shortage in the United States were seen as driving the latest spike in prices.

Iran has said it is working on a nuclear program to satisfy its energy needs, but many countries in the West believe Tehran is trying to develop nuclear weapons.

The latest escalation in the war of words came Friday when Nicholas Burns, U.S. undersecretary of state, called on Russia to freeze arms sales to Iran.

In the eastern United States, some gas stations were reporting fuel shortages on Friday due to the lack of a new gasoline additive. Stations from Massachusetts to Virginia reported they had run out of fuel.

The shortage is being blamed on a lack of ethanol, which is required for a new blend of gasoline. However, there aren't enough trucks to supply ethanol to distribution terminals.

Gasoline producers are shifting to ethanol as a cleaner-burning additive. Refiners are dropping the use of methyl tertiary butyl ether, or MTBE.

The gasoline shortages come ahead of the start of the summer driving season.