On 10/05/2011 12:18 PM, True North wrote:
"Canuck57" wrote in message ...
On 09/05/2011 8:13 PM, wrote:
On Mon, 9 May 2011 18:20:45 -0700 (PDT),
wrote:
On May 9, 7:49 pm, wrote:
On Mon, 9 May 2011 15:39:22 -0700 (PDT),
wrote:
On May 9, 3:42 pm, Wayne wrote:
We drove back from Tampa today and saw several gas stations at $3.85,
down from 4+ last week. Later I did some price shopping for
diesel on
the telephone since we are getting ready to head north for the summer
on the trawler. After the first couple of calls I was expecting
something close to $4 but literally struck oil on the fourth call.
We've got a truck arriving at the house tomorrow morning for
$3.69/gal, all taxes included.
Thats funny, the price of gas up here is set to go UP 6.4 cents per
litre overnight. This, blamed on the RISE in the price of a barrel of
oil.
The news says the average is down a penny but the stations near me are
still the same from what I can tell. I would like to see it dip, even
if only for a few days because I am down to my last couple cans of gas
for the boat.
$4.09 for 89octane 10% ethanol blend here.
Last time I bought boat gas I got 50 gallons for $3.57 or so. It
lasted me almost 2 months but we were busy and did not boat as much as
usual. If I don't see a big drop soon I may just buy a few cans and
watch the price.
I would buy right now. Unions in Yemen have just caused some shutdowns.
Libya taps are off, a Canadian pipeline also went down for major
unplanned maintenance and news is a shortage is coming from Saudi.
By August you might very well see north of $5 at the pumps because add
in currency devaluation (inflation).
--
*******************
Already paying the equivalent of $5.50 US for a yankee gallon here.
I expect it to be even higher here. While US Fed is ponzi fraud
printing money and is far worse than is Canada, Ottawa is also doing the
same thing. BoC buys Canadian debt just like the US Fed buys T-Bills
that don't sell on the open market. Iceland, Ireland, Greece, Spain,
Portugal and others don't operate fraud banks like we do. So the
outcome will be different.
I can't remember the last time a Canadian government bond issue filled
with general public market support. Early 2008? Or later 2007? In any
case, a currncy value crash is inevitable for USD and CAD, China will in
time lose patience with US fraud and just write the US debt off, when
that happens the USD will rapidly loose value big time.
It is what is driving the commodity prices of gold for example. Real
money that survives failing governments and their fraud money policies.
--
Take a look at ANY country, more debt is more problems. So why do we
allow our governments more debt? Selfishness, greed, denial, ignorance?