Gas Prices

I mispoke. The price is artificially low because of the subsidies, which allows US farmers to compete with foreign farmers, which is why so many products rely on corn.

If the market was allowed to actually work off supply and demand, I don't think there would be any concern over HFCS at all since it would be more expensive than cane sugar.

Originally Posted by Tiffycj

I feel like a jerk for commenting here but gas here is the lowest I've seen it at 89 cents Canadian… Then again, I'm in Alberta, so it makes sense.

It got down to 89 cents!?

I'm from Calgary, moved to Yellowknife 3 years ago, I thought it was still around a buck there.

Man, I remember gas being 47 cents a liter. :P

Originally Posted by Nova_C

It got down to 89 cents!?

I'm from Calgary, moved to Yellowknife 3 years ago, I thought it was still around a buck there.

Man, I remember gas being 47 cents a liter. :P

Bronze is at 81 cents (actually 80.something) a litre in Edmonton. It's always a bit cheaper in Edmonton than Calgary though.

I'm just thankful my projects are still being funded (works in oil and gas industry predominately).

The lower prices have to be good for the economy in general. Less money spent on gas = more money to spend on luxuries (or necessities...)

Originally Posted by Nanci

The lower prices have to be good for the economy in general. Less money spent on gas = more money to spend on luxuries (or necessities...)

It's a double edged sword. A lot of places like the Dakotas with shale oil are only seeing the boom because of expensive oil. At a certain point (I've read around $60-65 a barrel) it is no longer economically viable to extract shale oil. Some family members of co-workers who were working in the oil business up north have already been laid off.

I bet it doesn't last forever.