Independent Canadian News

Gas Prices Update

To quote top Exxon officials: “There is no gas shortage, There never was a gas shortage, and from what we know now, there never will be a gas shortage!”

This planet and many others manufacture oil by some process we don’t yet understand. There are more oil reserves now than ever before and consumption has more than doubled since 1973.

And in 1973 many many huge tankers full of crude oil stayed off shore of New England until they were declared “New Oil” and could be sold for $30 a barrel instead of $3 a barrel. Oil company officials were running all around the state of Connecticut, looking for closed gas stations, any place they could find to hide as much gasoline as possible so they could free up their tankers to go get more. Gasoline trucks were meeting drivers in New York State (the Ithaca area) in the middle of the night to fill their gas tanks so they could deliver whatever they were delivering. The above two examples are just what I am personally aware of.

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Gas prices in Arnprior:

As of Thursday Morning, 29 April, 2010, 7 am:

After at least two stations (Ultramar and Mr Gas) tried to raise their price to over 98 ¢ per litre, prices have rolled back to 96.3¢ at most stations with MacEwen (+ethanol) at 97.5¢ and Petro Canada at 96.5¢ per litre.

I haven’t driven the extra half a kilometer to check out the Stinson station with the car wash (which is usually the most expensive in town) or the extra 6 kilometers ((3 each way)) to the other side of the highway to see how the Stinson station there and the Ultramar at the truck stop are doing.)

—————Jim

Interesting Quote from the States.

“The current financial crisis here is not a problem with the economy. It is entirely political. It is all about powerful individuals with a definite agenda attempting to manipulate millions of people into a position of powerlessness so they can be more easily controlled. Their agenda has nothing to do with guaranteeing the freedom and comfort of the U.S. citizenry. It is all about power and greed and the lengths that unscrupulous individuals will go to to line their own pockets at the expense of anyone and everyone around them.”

(I think the person being quoted is Catherine Austin Fitts (Link), but I want to be good and sure before I assign the credit or blame for this one.)

—————Jim (not the person being quoted)