« Gas Prices: Beyond The Grill | Main | Can an anonymous email lower gas prices? »

April 16, 2008

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

miro

so what's the solution to rising prices


there is a constrained production network - which spikes prices for everyone whenever any part of the system encounters a problem

a constrained supply system - OPEC and hangers-on Canada, Russia etc.. who ride on their coattails

unconstrained demand in emerging economies trying to produce and ship for global consumption

a shift in biofuel demand that is raising the price of food around the world - which if unchecked has the makings of an epic human tragedy

a speculators market in the commodity exchanges that effectively raises the price for all - regardless of the supply/demand

How much money does the upstream need to make before its satisfied

Do we need governments to enact a profit surcharge tax to moderate profit taking

Is fuel now a strategic resource - too important to be passing through so many (speculative) hands

At what point do corporations begin to share some of the responsibility for what is happening around them

Like the ancient Chinese proverb states
"May you live in interesting times"

The comments to this entry are closed.

PumpTalk is a blog created by Petro-Canada, a Suncor business, to share information and engage in discussion about a number of topics, such as fuel efficiency and product responsibility. In our weekly posts, we discuss subjects that we believe are important and are of interest to drivers everywhere. Here you’ll find posts on gas prices, reducing fuel costs, sustainability, auto industry innovation, and vehicle safety and maintenance, as well as posts on climate change as it relates to the energy industry and our shared responsibility.

Subscribe to PumpTalk