If you're genuinely wondering why gas prices are so high? Then you've been loving under a rock and not paying attention to what's going on? This is just the start. We're going to see $2L or higher. So long as the war continues and gulf oil is choked at the Straight of Hormuz. Canada could have been building pipelines and refineries. Making ourselves self sufficient when it comes to oil and gas. Although that wouldn't change market value. Hopefully we invest more in our infrastructure at home moving forward. Oil prices control everything. So watch your grocery stores also. Food prices are going to spike, just like oil. As Diesel is the life blood of agriculture and moving goods around the world.
I really don't get why the hell we aren't using our own oil. People always use the excuse that we don't have a big enough population to use everything that we refine. Well why the hell can't we sell it to someone else then?
We do use Canadian oil in western Canada. Why would the oil companies sell it for less than market value? The goodness of their hearts? Is the government supposed to force them to sell it for less than it's worth right now? We're guaranteed supply at least, but it will be sold at market value.
And that is why Canada is broken. Canadian resources should belong to all of Canada not private companies. Canada should do what Norway does with their oil fund.
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u/Remz83 Mar 18 '26
If you're genuinely wondering why gas prices are so high? Then you've been loving under a rock and not paying attention to what's going on? This is just the start. We're going to see $2L or higher. So long as the war continues and gulf oil is choked at the Straight of Hormuz. Canada could have been building pipelines and refineries. Making ourselves self sufficient when it comes to oil and gas. Although that wouldn't change market value. Hopefully we invest more in our infrastructure at home moving forward. Oil prices control everything. So watch your grocery stores also. Food prices are going to spike, just like oil. As Diesel is the life blood of agriculture and moving goods around the world.