Housing, Food and now Gas prices are going out of control.

[sprite09]

Food yes
This is the only thing that is a direct result of lock downs and restrictions as globally we just haven’t been able to get up and running to the speed we need to. There are also jobs in the supply chain not being filled because after all the government hand outs feel entitled and feel they should earn more and are not going back to work. The Irony of this is if they get paid more lol all that increase in pay will go right back to final consumer that will pay more.

Housing prices no
Gas No

Housing price is due to historical low interest rates we’ve had since 2008 and some extremely stupid policies on behalf of liberals and conservatives


Gas majority of what we pay is tax, if you going to claim lock down pushed prices up you are wrong it should of pushed it down as we have plenty of supply.

Main issue with gas is storage we tons of supply but no where to store them and between and liberal and democrats in the Us can’t get jack shit approved

Please don’t just say popular things people
That are tired of lockdowns are saying While it makes a good sound clip or a quick reply it isn’t true for most things

Pretty much. Food and energy are volatile and are prone to external factors (war, weather, etc.).

Oil obviously influences the price of gasoline, but you're right--tax is a huge chunk and the carbon tax isn't helping; we do get a rebate for it, but that's once a year. But, anyway, good luck with ANY party lowering gasoline taxes, especially with climate change being a big issue (even Harper said just get used to high gasoline prices when he was in power). [1]

Building this pipeline and that refinery won't bring down the price of gasoline for us--the market and fed gov't (whether Con or Lib) have decided it is better for them to export oil than to use it domestically [2,3].

I do think things will eventually get better as more of the world learns to "live with COVID," thereby having fewer supply chain issues.

[1]https://www.theglobeandmail.com/new...higher-gas-prices-harper-says/article1097664/

[2]https://oilprice.com/Energy/Energy-General/Why-Canada-Would-Rather-Export-Oil-Than-Refine-It.html

[3]https://nationalpost.com/news/canada/if-canada-has-so-much-oil-why-is-our-gasoline-so-expensive

 

[oil&gas]

I do think things will eventually get better as more of the world learns to "live with COVID," thereby having fewer supply chain issues.

Things will only get better if the affluent parts of the world
learn to live a low carbon lifestyle for the rest of the century.
That will entail giving up their ICE car and switch to public
transit for much of the middle-class and drastic cutback of
expenses on driving and flying for the rest of the population.

 

[sprite09]

Things will only get better if the affluent parts of the world
learn to live a low carbon lifestyle for the rest of the century.
That will entail giving up their ICE car and switch to public
transit for much of the middle-class and drastic cutback of
expenses on driving and flying for the rest of the population.

no, you should see prices come down (except maybe housing but rising rates might tame them a bit) as supply chain issues alleviate, assuming no major geopolitical risks and bad weather (which can still occur with reduced carbon emissions).