Monday, November 24, 2014

OIL PRICES OFF 34% SINCE JUNE

NANAIMO DRIVERS STILL BEING HOSED BY LOCAL CARTEL

The above article in today's Financial Post reports that oil prices could drop to $60 if OPEC doesn't cut back on their output. I doubt there ever was an oil shortage, just a sound way to control prices on the part of the producers.

That said, it is interesting to note oil prices are off 34% since June, yet nothing approaching that kind of drop is showing up at the pumps. As usual the Nanaimo gas retailer cartel are once again demonstrating their complete lack of conscience as they continue gouging Nanaimo motorists.

COMPARISONS

The following prices came from Gas Buddy at 10:30 am Nov. 24/14.

NANAIMO 121.9

VANCOUVER 119.0

DUNCAN 118.9

VICTORIA 115.9

COMOX 114.9

TORONTO 106.9

OTTAWA 103.5

CALGARY 95.9

allvoices

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