OIL AS PUBLIC UTILITY

[CHIMO]

With sunrise last Friday morning came a crude awakening for Canadians: a whopping, mind-boggling increase in the price of fuel.


Oil and gas companies continue to insist that it's not their fault -- that there's a whole litany of reasons why they have no choice but to charge more. Not even the politicians on the hustings are buying that -- but what's it going to take to keep gas prices down?


James Laxer says he has a solution. He believes we should run Canada's petroleum industry as a set of public utilities. He's an economist, author and professor of Political Science at York University, in Toronto.
http://www.cbc.ca/asithappens/latestshow.html

[Doctor Cynic]

1. So what's the plan when the production peaks?

[CHIMO]

2. You Tell

Me.

If production exceeds generation then there will be a peak.

What is your point.

[LiberadorHugo]

3. I don't oppose this position, but we're barking up the wrong tree.

While the nationalization of the oil industry and the building of refineries in our own borders are not positions that I personally oppose, I think we're best to focus on weaning ourselves off oil. It's not like the reserve in Canada are particularly easy and cheap to extract anyways.