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Author Topic: no matter what happens the oil company are keeping a difference of 30 cents Back to Topics
gas0

Rookie Author
Toronto

Posts:2
Points:140
Joined:Dec 2008
Message Posted: Dec 18, 2008 11:53:21 PM

i have been comparing the crude prices with the prices at pumps based on data of the prices from this website, and found out that in past even if the crude jumped to 147, since beggining the oil comapnies use to keep 10 cents lower than than avg crude prices (eg crude 120$/barrel the price at pumps @1.02$/lit), now why is that this companies still charging 30 cents higher& even if they say canadian dollar value has gone down as compared to us dollars , still i and many people would agree that they are going to make profit in billions. if the canadian goverment go after them they can make billions from them and wont go in deficit and yes bailout money for loosing sectors can also be genrated from this big greedy oil companies. this is my individual opinion based on comparision
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