Originally Posted by redline9001
the price of oil is going down... gas price should not be going up...
^^ in Canada, i cant remember exact numbers but 40-50% is tax
The price of gas is more related to the price of oil stock than it is to actual oil price. It is complicated. I personally don't care if prices go up (to an extent). I have enough invested in oil company stock that if their profits go up , I will likely have enough increase in investment return to offset the extra cost for my gas !!