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  3. Oil prices are going to hit record highs above $120 a barrel, and stock markets will tank -

Oil prices are going to hit record highs above $120 a barrel, and stock markets will tank -

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cdnpolibcpolioil
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  • matwright@mastodon.socialM This user is from outside of this forum
    matwright@mastodon.socialM This user is from outside of this forum
    matwright@mastodon.social
    wrote last edited by
    #1

    Oil prices are going to hit record highs above $120 a barrel, and stock markets will tank -

    Gas prices went from $1.60 to $1.85 in Nanaimo today, which is pure gouging as it was produced, bought and distributed weeks ago

    Feel like a broken record yelling for a thorough independent inquiry into energy pricing - like electricity, gas pricing should be under the Utilities Commission, companies need to apply and explain BEFORE prices are raised

    #CDNpoli #BCpoli #Oil

    pinhman@mstdn.caP 1 Reply Last reply
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    • matwright@mastodon.socialM matwright@mastodon.social

      Oil prices are going to hit record highs above $120 a barrel, and stock markets will tank -

      Gas prices went from $1.60 to $1.85 in Nanaimo today, which is pure gouging as it was produced, bought and distributed weeks ago

      Feel like a broken record yelling for a thorough independent inquiry into energy pricing - like electricity, gas pricing should be under the Utilities Commission, companies need to apply and explain BEFORE prices are raised

      #CDNpoli #BCpoli #Oil

      pinhman@mstdn.caP This user is from outside of this forum
      pinhman@mstdn.caP This user is from outside of this forum
      pinhman@mstdn.ca
      wrote last edited by
      #2

      @MatWright How oil inflation worked in 2022, again in 2026?

      "Impacts of the 2022 Oil Price Shock for Canadian Consumers and Workers"

      https://cdn.prod.website-files.com/679d4ed301fa26e771ccafaa/68e7f6f5455ed72dca79079d_FalseProfits-March2025-Counting%20the%20Costs.pdf

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