One thing I've always wondered, Venezuela produces there own Oil and refines their own Gasoline, as does Saudi Arabia, and they both have very low gas prices.
So why does Canada have such high gas prices in comparison, we have the 2nd largest deposit of oil. Is it because it costs so much to refine the tar sands? or is there something else I am missing like they export most of it so the supply is lower? or is it because OPEC defines the prices of Oil? or could it be because nations like Venezuela and Saudi Arabia have Govt run Oil production facilities to keep prices low for citizens?
If these countries can do it, why can't we? Or would this be more like something a socialist nation would do, so people don't like the idea.
So why does Canada have such high gas prices in comparison, we have the 2nd largest deposit of oil. Is it because it costs so much to refine the tar sands? or is there something else I am missing like they export most of it so the supply is lower? or is it because OPEC defines the prices of Oil? or could it be because nations like Venezuela and Saudi Arabia have Govt run Oil production facilities to keep prices low for citizens?
If these countries can do it, why can't we? Or would this be more like something a socialist nation would do, so people don't like the idea.