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  • what a load of coffee beans!*

  • Why is it that the price of oil is at a 6 month low, but the price of gas is still nearly the same as when oil prices peaked? Answer that pumptalk! Just admit that we are being gouged by gas companies!

  • lol such bs.

  • Who's selling the T-shirts?

  • when people continually take their own cars to one destination, don't consider carpooling, drive one driver cars.

    Of course the price goes up, more cars on the road.

    I take the bus and save money

  • Back in 1980/81 goverment in canada implemented a "cap" on taxes per litre, to protect themselves from low price gas wars.

    My question is, if the canadian goverment can do this, why can they, at the very least "cap" the taxes per litre (.85cent) since they had a surplus of money when the fuel when it was at .85 cents a litre. To me this only seems fair and help canadians instead of capitalizing on a bad situation.

  • I'm surprised that we don't make a stand why we pay gas in Canadian; US $4.00 a gallon Can. $5.30 a gallon .. Lets make a stand and roll back the price of gas how much we paid for barrel.. Our government will not help us because, their getting the biggest cut..Make your stand because the goverment will not help you.

  • and i pay 6.2 $ for a gallon and the americans only 3, thats pathetic, they should stop complaining and be thankfull

  • 6.2 where do you live?

  • I pay around 6.8 US dollar for a gallon at the moment. I live in Sweden, we got HIGH taxes.

    65% of the price is taxes only

  • well you have to understand that people in north America drive much more and much longer distances

  • Theres a little line graph with teh supply line runs down and the demand line runs up...where they meet in the middle is your price ;) you keep filling up your 9mpg 8 passenger suv to drive yourself(1 person) to work and they'll keep raising the price ;p

  • The MPG-Caps can help you save money at the pump while delivering greater efficiency and high performance results at the same time. MPG-Caps will help condition your fuel and can help your engine last longer. And it works with all types of fuels. Gasoline, Diesel, Ethanol, Bio-diesel, Ethanol-gasoline blends. visit angelmax. myfii. biz email:mpg8892@ yahoo. com

  • Hmmm. Big oil is making record profits and we are paying record prices. There is nothing wrong with making profit. But when gas goes up .10 in one day and .40 in a week, then takes 2 months to come down the same .40 it's not right. It wasn't that long ago that we had REALLY cheap gas. I'm talking .79 a gallon back in 98 was it? Now we have a ex oil tycoon in office and what happens?

  • If I remember this correctly, I once read that in 1969, 25 cents was equal to a dollar from today.

    So gas companies really are ripping us off.

  • Recently the C.E.O. of Shell Oil boasted on television of a 24 Billion Dollar PROFIT. Ok? Now they can pay really good dividend checks to their share holders in his words. A certain percent goes back into Shell Corp. Does the C.E.O. drive a 1968 Volkswagon Bug or say perhaps a new 700 Series BMW?

  • Hmm... the half amount of oil is alredy found. So... the peak-oil over-all the world is reached.

  • GM developed the EV1 back in the late 90's .... according to the testing folk, this car was a huge success. When GM decided to KILL the EV1, those people raised h*ll and begged to keep their EV1's. GM trashed them all without good reason. No further research is being done *to this day* with total electric vehicles, only hybrids WHICH STILL BURN GAS and only get marginally better mileage vs their ICE counterpart. In short, the rise in gas is due to GREED - nothing more, nothing less.

  • Blame Canada

  • Check Out My Brand New Hummer @ Zbar16

  • Learn to tackle this problem fighthighgasprices dot net

  • "Do you ever see the price of coffee go down?"

    Wow, valid point... I guess you got us there. Oh wait a minute, ever heard of something called INFLATION!!!!!!!!! I can't quote you the actual inflation rate in Canada, but I can sure tell you that it's A LOT LESS then what the gas companies seem to be working at...

    Your video is something of a joke. Except no one is laughing...

  • YOU HAVE GOT TO BE KIDDING ME?!?!?!?!?!?!?

    "There's a lot more money to be made selling coffee then gasoline"

    ???? Wow, I had no idea that the Super Mega Multinational Conglomerate Coffee companies made BILLIONS every year. Good thing though, that allows them to absorb the 3 cents from my cup of coffee that I buy ever 2 weeks unlike the car that I drive every day. But hey, saving 3 cents is saving 3 cents...

  • If oil companies were simply passing on the extra cost, how does that explain the record profits shown by Exxon Mobil recently. I'm no economics major, but it seems like this is not a logical deductive argument. Cost to the oil companies goes up, cost to us goes up, that part makes perfect sense. What doesn't make sense is they showed a higher profit, which means they increased gas prices more than necessary.

  • Lets thank George W Bush! He's linning his pockets, paying for the war. And we are taking it in the ass!

  • Agreed Gamer301, I honestly believe that the War in Iraq, is the main cause of the high gas prices. We are spending now over 450 billions dollars in the war, and how do we pay for that? from gas, theres no other option for the congress. This is getting out of hand, we need to pay more, yes pay more, for the war, and get our troops out of iraq, so these crazy gas prices go down!

  • IS THAT WHY SUNCO GOT A 93.7% INCREASE IN PROFIT. YOU BETTER GO BACK TO SCHOOL AND LEARN ABOUT ECONOMICS. SUPPLY & DEMAND STABALIZES PROFITS, it don't send them through the roof. Any high schooler knows that.

  • ExxonMobil at 2.54 million barrels of crude a day. So you got Saudi Arabia at 8.3 million barrels a day. There's ExxonMobil at 2.54. ExxonMobil's market share of the world oil market is 3%. Don't anybody tell me about Big Oil engaging in price fixing and controlling every bit of the oil from the ground to your tank as gasoline.

  • Then why is opec showing a 9 million dollar profit. A coffee house does not make that kind of profit on coffee.

  • This is more than supply and demand fluctuation. Its stock market manipulation and price gouging on a cornered market. And since its the only way I have to get to work, these faggots know they will get away with it... Fricking dingbat gives a lecture on supply and demand.

  • you wine to much .pay or get played.i have 34.000.000 sheres of exxon and could care less what any one says.got them in 1977 for 5.oo haha

  • the gas prices are rising because of the war in iraq...but we will not see a commercial video about that now, will we?

    Comparing gas prices to coffee is idiotic. Coffee is what? $1.50 a cup? And to fill a gas tank (depending on what kind of vehicle you drive) can cost $80 or more...kind of hard to compare...isn't it?

  • The auto industry designs concept cars that can solve the high gas demand problem, but refuse to market them. We need Plug-in hybrid electric vehicles. Loss of revenue can make large companies, even the auto industries; change their "business model". Sure the government can help with legislation to force them to put out new technology, but the true power is in our hands. Stop buying or leasing NEW gasoline powered cars for a year. Tell everyone to wait a year. See my vids.

  • Will the petrol industry subsidize the auto industry if we stopped buying NEW gasoline-powered cars? Let's stop buying or leasing NEW gasoline powered cars to find out.

  • There ought to be a price control on gas because the oil companies are making way too much money. In other words, they are gouging the crap out of us.

  • She forgot to point out that world oil production has been flat-to-declining for 2 years now. That's called peak oil. Pretty soon oil production will start to decline quickly and you'll think $3.00/gallon (or $1.00/liter) was pretty cheap after all. Oh, and those gas taxes go to pave the roads and fix the potholes. You wouldn't like driving if they weren't being collected.

  • HOW ABOUT GOUGING

  • Of course the industry PR arent going to tell you 'were profiteering you out of billions because you are a captive market', theyll go on an outrage management campaign and say its the market, or look over there that Coffee sure is expensive. But I dont need coffee to drive my family around, the day I can fill up on Orange juice or can plug-in my car in an electric outlet I might have a real choice

  • Wrong! Gas tax is higher then ever 60 cent per gallon goes to the Government, and 35-50 cents goes to each state.

  • Did the government give you money for posting this?....BTW theres a reason gas's tax is already included.....why is it not included in coffee?

  • One thing is clear, in the US 60 cent per gallon is add for tax plus 30-50 cent is added for State tax.

    She is wrong about profit on gas. The us make around 100B per year on gas and oil. If you got 40 miles to the gallon in your car, then the Government get tax income. Newer car get less miles today then car made in the 70s.

  • Exxons profit was 17.5 billion last year - thats profit

    you know ...profit

  • One gallon of gasoline in United Kingdom is $6.70 ( 0.90p liter) because of high taxes. AND i think us goverment will follow europe.

    It is easest way to rise taxes.

  • this is the least of our worries, in 20 years there will be no more oil. And now demand in asia is on the rise and it will continue for many years to come, there are a lot of people in China and they want the same standard of living as we have in the West. I think we will be lucky if there is still people on this planet in a hundred years from now, so live in the moment it won´t get any better than now.

  • Petro-Canada's profit and loss statement's over the years have consistently reported operating profits in excess of 10%+ (including non-cash items). Why does this not recogncile with the reported 2% profit margin?

  • This video was created by the oil companies. the real reason is unregulated price gauging made possible by the current administration.

  • Oh! Oh! I know - make a video explaining what happens in an industry in which there is no competition.

  • Now all you have to do is make a video explaining what conditions and events have affected supply and demand.

  • awsome video

    but i Do blame war for the rising of the price

  • Yes. Blame Bush's war for the rising prices. Mabye we should blame Bush for Katrina too? Even though the local and state government had ages to fix the levee system.

  • or. Step 1: They fix the supply, so they essentially fix the price. But its ok, because it isn't direct. Step 2:??? Step3: PROFIT!!!!

  • You're right. In Canada, pump prices break down as follows: Crude oil (47%), Refining and selling costs (16%), Profit(2%) and Taxes (35%). That's based on the 2005 average price.

  • Are you insane?

    What company could stay a float and become the biggest the biggest profit making industry since God was born by only making 2% profit?

    LIES!!! ALL LIES!!!!

  • Um...no. The actual cost of gas is less the than 30% of what you see at the pump. The other 68% goes to Federal and State taxes. The remaining 2% goes to the gas station as profit, which is later taxed. After operating costs, 'big oil' gets less than 10% after expenses. If gas per Gallon is $3, you are paying roughly $2 per Gallon to politicians.

    For exact figures go here:

    http://www.homelandstupidity.u­s/2006/05/04/whats-wrong-with-­high-gas-prices/

  • good point

    but nobody is looking at countries like china and india which increased there consumpation at a greater rate than the US in the last several years gas prices are simple supply and demand no the fault of George Bush you ignorant dumbasses

  • "big oil" only makes about 8 cents per gallon, while the politicians (state and fed combined) that like to villify them for the pricing make anywhere from 85cents to several dollars worth. These same politicians, like Kennedy, that are so outspoken against the cost of gas, are often the same ones that hamstringing any viable way to bring them down, like easing frivolous refinery regulation.

  • @tyrranyofsouls: WOW.

    Why the f*** should we be taxed that much for gas?

  • Where is the video explaining record profits?

  • the record profits often bandied about by the lib press translate into one free tank of gas last i heard, if that's enough to ruin your life, you have far bigger issues than the price of gas.

  • agreed!

  • Personally i think its cool that they put it out like this for public scrutiny. It's totally wrong though, the destabilization of an oil producing sector (the middle east) and the effects on the american ablility to import due to inflation caused by deficit spending used to fund the war are the real reasons.

  • The blame America first crowd. Gotta love it. Wrong, but entertaining.

  • So lady, how do you explain that when the price of crude oil rises, the price at the pump goes up right away, even though the price on the market is actually for oil being delivered in 3 months ...

  • This may be worth discussing in a future video. Pump prices are tied closely to the the commodity markets -namely wholesale gasoline, or crude oil. Daily price changes are quickly reflected at the pump. It's more noticeable when the pump price goes up, but it also brings the price down again as witnessed in the last few weeks as the commodity markets cooled somewhat. Even with the ups and downs, profit margins on a litre of gas are in the 2% range.

  • LOL that's an understatement. pump prices are tied almost entirely to the futures market.

    anyway, good to see some intellingent comments here about the oil industry. many other industries, like retail and healthcare, keep a far greater percentage of revenue in the company as profits.

  • That's called last-in-first-out economics, which is what the oil industry and most other commodity based industries operate on. Consumers benefit from this when crude oil prices decline by seeing almost immediate reductions at the pump. Would you want to wait 3 months for the price to come down?

  • lol

    they've found a way to make plankton into fuel, and it will be more cost efficient then crude oil. Me n another forum had a lengthy discussion about it...

  • PEAK OIL,

    get educated, become aware:

    lifeaftertheoilcrash.net

  • I have no issue with gas prices; along the lines of 'fighting with vs. against', I think the world would benefit from a little extra fight in the direction of more environmentally-friendly fuel alternatives and conservation efforts. Any thoughts?

  • what bullshit!

  • Yeah, right. This is absolute nonsense. Start justifying it when you aren't pulling in BILLIONS in profit!

  • The problem is, the people distributing gas (Petro-Canada etc.) aren't fighting the rising prices THEY have to pay. They're content just raising their prices. The small guy isn't making billions, the distributors are, and THEY are raising the prices because they're retarded.

    In Nova Scotia they tried to set a limit to how much gas stations could charge per litre, and the owners fought against it. What they should have done was fight with it..

  • To add to that, it's funny how similar these guys are to illegal weapons dealers and drug dealers. They keep jackin up the prices because they don't like low profit marjins... the very reason people delve into illegal business. (black market)

  • profits are up - bigger than ever. i call bull shit! why did the US congress pull all the oil executives before them to challege them?

    Educate yourself. Unfortunately US based but a start -

    www.consumersunion.org/profits­cover.pdf

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