Low gas prices = bad. Gas under 1 dollar again

[d01tg0d0wn]

Love Trump or hate em gas is going to .25 cents a liter. Well maybe not that low but wouldnt that be great if it did? I have a dream.

We all know gas wont go that cheap cause of provincial fuel tax. Government needs to get out of the way.

Gas drops below $1 a litre at some stations across Calgary

Gas prices dropped back under $1 a litre at a number of gas stations across Calgary Sunday.

www.ctvnews.ca

 

[RightOfSask]

Well maybe not that low but wouldnt that be great if it did? I have a dream.

Your dream would be the end of the oil industry in Alberta.

 

[Hirudinea]

They'd still have the Stampede though, right?

 

[d01tg0d0wn]

@RightOfSask We did just fine back in the day when gas was less then 40 cents and a barrel of oil was 25 bucks. Dont see your point

Time for costs to come back down to reality and embrace a tariff based economy tied to the gold standard as well. No more printing money use the dollars or alt currency to the fiat.

Time for Alberta to become the winter Dubai.

 

[RightOfSask]

Yeah, back then a worker on the oil fields made half the amount that he's getting now. There is only one circumstance that will make $25 oil happen again. A pandemic with a lockdown.

 

[Hirudinea]

Tariff based economy? Good luck trading with the U.S.

 

[d01tg0d0wn]

@RightOfSask we had a pandemic with a lockdown and that never happened

What i am saying is a return to sound money. No more dollars adding to the dollar supply and a return to sound money.

AS silver rises as well as other commodities and the USA leaving the central bank system cost will decrease.

What people made in oil back when it was 25 a barrel is the same as they do now just the money supply keeps growing via inflation.

Alberta would be fine at 25 a barrel again as these pieces of the puzzle fall in line. The overhead for all would be greatly reduced and affordability would return

 

[RightOfSask]

@d01tg0d0wn
Didn't silver lose 10% today?

Also go ask some people working in the oil sands and all of them will tell you that once oil price for WCS is under $40, companies will start letting people go. Furthermore this is what happens with a oil price around $40, Ike currently.

https://www.fraserinstitute.org/commentary/falling-resource-revenue-fuels-alberta-governments-red-ink

$6.4 billion deficit. Alberta is as good with finances as the Libs.

No more dollars adding to the dollar supply and a return to sound money.

No one cares about hat shit. Not here and not in the US (which is even outspending Canada on a per capita basis).

 

[d01tg0d0wn]

@RightOfSask Alberta is different and we arent staying in Canada to keep the status quo

also i am not saying it will happen immediately but quicker then most think

LOL

https://x.com/Barchart/status/2005774711246991574

freecanada.win

 

[MuchoRelax0]

Never bet against oil

 

[d01tg0d0wn]

‘When’s the last time you’ve seen this price?’: Drivers rejoice over 87 cent gas prices

Corey Sinclair’s Toyota truck didn’t even need half a tank of gas, but he wasn’t going to miss out on the cheap fill-up.

www.ctvnews.ca

 

[DripDrop]

<Vancouver enters the chat...>

Vancouver gas prices up as national average declines

Drivers in Metro Vancouver may pay a bit more for gas this week, but experts don't expect prices to spike anytime soon.

vancouver.citynews.ca