CDN$ Decouples from Oil prices

[furrowtickler]

Diesel futures have plunged 19% today . . . .

Pump prices continue to skyrocket
Hope your prediction of deflation comes very soon , the current inflation is about to wipeout the middle class

[errolanderson]

Pump prices continue to skyrocket
Hope your prediction of deflation comes very soon , the current inflation is about to wipeout the middle class

WTI crude slammed 18% from early morning highs. April crude oil broke $104 per barrel mid-morning.

UAE calling OPEC to open the taps . . . .

[furrowtickler]

Fuel is one thing it’s the cost of everyday items also like food , basic home needs everything is going crazy and was before the Russia /Ukraine thing .

[15444]

Fuel supplier got updated pricing yesterday afternoon, going up 25 cents on next load. Be $2.15 for coloured and $2.30 for clear here.

[furrowtickler]

The perfect storm to usher in electric vehicles......
Problem is the time gap in between is going to devastate the middle class
My daughters paint business costs will double this summer .. they have to drive ... cant ride bicycles to work for her and haul all the paint and ladders . Will make it very tough on young entrepreneurs.

[Guest]

Our allies could be getting their required energy supply from Canada at a reasonable price if Canada hadn't let the current wing nuts into power.


Probably wouldn't have to be talking about the Russia / Ukraine war as Russia wouldn't be as wealthy as the allies have made them .

Not much sense to depend on Russia for your energy requirements then go crying to allies to to help out when shit hits the fan.

And to China for all the rest
Not smart at all

[shtferbrains]

Our allies could be getting their required energy supply from Canada at a reasonable price if Canada hadn't let the current wing nuts into power.


Probably wouldn't have to be talking about the Russia / Ukraine war as Russia wouldn't be as wealthy as the allies have made them .

Not much sense to depend on Russia for your energy requirements then go crying to allies to to help out when shit hits the fan.

If we are being asked to increase production to replace conflict oil but refuse to do so because whe want to reduce out 11/2% of world emissions, does that make us a small unacceptable fringe minority?

[Guest]

Well there is no emissions on Middle East or russian oil
That’s why eastern Canada likes it so much
Comes in scott free

[sumdumguy]

Well there is no emissions on Middle East or russian oil
That’s why eastern Canada likes it so much
Comes in scott free

Tankers fuelled by Unicorn farts.