We have all spent years turning on the TV or radio to get the weather forecast for tomorrow. Even easier to do now with the Internet. But times have changed and now more changeable then the weather is the price of gas. So newscasts now give you the current price of gas and any knowledge of change to the price which may be coming overnight. Heck, there are websites solely dedicated to giving you the price of gas for the coming days. Just like the weather.
So what is with all the fluctuation. Up 2 cents a litre today and then 3 more the next, only to drop 6 cents 5 days later. Meanwhile the price of oil is currently stable and staying below that benchmark of $100 a barrel. Sometimes the excuse is on possible loss production due to golf of Mexico hurricanes, or European "stability". What does Europe's issues have to do with the price of gas in Canada? We have the 2nd largest oil reserves in the world. Yes that is right. More then those middle eastern countries who live prosperous lives and pay about 3 cents a litre for their gas.
Now all this gets one thinking. With all that oil, why is our gas so expensive. Even more then the United States. With the conversion, we are paying about $6 a gallon. Yet they almost riot in the US when it goes over four dollars a gallon. Here we just say oh well, what can you do. Maybe Canadian empathy is why we pay so much for gas. I mean its true we export all of our oil to the US and then have to buy it from Venezuela at world prices. Slightly crazy, but that's what we do. We are even in the process of selling several of our oil companies to the Chinese. With China now the 2nd largest manufacturer in the world, you know their not buying the companies to produce fuel for Canada. It will be all going across the sea, leaving us once again buying foreign oil to get our gas.
So you may want to add a gas website to your favourites or download an app to your phone. For today's gas prices will not be the same tomorrow.
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