Join Date: Oct 2014
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Wow, Canadian prices suck. I'm surprised too since you guys seem to have good oil reserves in canada, i think alberta is one of them.
It's all about exchange rates and taxes. We have oil but it's sold at world market prices, no discount for local. Road taxes are high too, that's dumped on ever gallon we buy. I agree is sux and I've been know to cross the border and fill up.
Its the process, bitumen is expensive to extract, highly energy intensive process. EROI on the tar pits is PISS POOR.
Oil Sands Mining Uses Up Almost as Much Energy as It Produces | InsideClimate News
Ostensibly I would say that is the largest reason for higher pump prices in CAN. Higher pump prices keep the tar pits in the black...
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