The Mudcat Café TM
Thread #84937   Message #1570564
Posted By: GUEST
25-Sep-05 - 08:49 PM
Thread Name: BS: Thanks, Canada, for the oil....
Subject: RE: BS: Thanks, Canada, for the oil....
Well, for those of us in the northern tier states bordering Canada, this news is no surprise. However, what we can't quite figure out is why the "hurricane oil crises" in the Gulf of Mexico causes the price of our oil and gas to leap upward 20 cents/gallon in a single day. I mean, none of our energy comes from that region--not natural gas or oil/gasoline. Our supplies for those commodities are steady and secure, coming as they do from Canada and the western US.

So why the leap in prices? I believe it is known as profiteering...price gouging...