LE BARON
Power User
Ever wonder why th eprice of gas does not, in some way, follow the price of crude. Remember when they were almost giving crude awaay a few years ago.And that’s with WTI at $59.35 today. Everything should be fine though when the Liberals roll out their promised support for the sector and start building those pipelines and LNG plants. Thank the gods , saved again.
The answer is quite simple. The provinces count on the tax revenue to fund their largess.
That was confirmed this past week when our CAQ premier said they were thinking about eliminating the floor on gas prices.
Not all the Fed's fault, the provinces have their hand in your pocket too.
