Life is Funny
Noticing weird things in society.

Life is Funny

Gas prices, and oil

December 1st, 2008 . by admin

I live in Canada. I’ve bought Gasonline at a whopping $1.42 a litre. Today, I bought gas at 74 cents a litre. That’s a huge savings..

I’ve watched videos that explain what “peak oil” prices are..

Gasoline (gas) is suppose to increase and cost much more as demand increases vs supply..

BUT GUESS WHAT

No it doesn’t. If a hurricane is imminent, it goes higher. If its a Friday before the long weekend, it goes higher. If the gas station down the street raises their price, the rest follow.

I’ve seen diesel (which the truckers use) be more expensive that gasoline. But from what I’ve heard the thick diesel is actually a bi-product of manufacturing gasoline! So why would gas be cheaper than diesel, ever?

Same with propane…

Propane is a natural gas that is totally unrelated to gasonline (or fossil fuels).. SO..

When the gas price goes up, so does the propane price. Why is that? As the general public, we should demand answers to this escapade..  Gas, Diesel, Propane, all different commodities.. so why is it when the price of gas goes up, so does the rest of it?

Here’s the ironic part. If you buy a litre of oil it may cost you $4.29… but when gas prices are jumping all over the place at the pump, guess what? A litre of oil still costs $4.29 while it sits on the shelf.

Has no one released this phenomenon?


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