commodity and oil prices

  1. 220 Posts.
    for your information only. back in the late 1800's the average canadian farmer would simply drive his ute loaded with drums down the back of his propoerty and pump out the oozing ugly blackish oil bubbling up out of the ground. He would take this free booty from his own property into town where the proceeds of sale would pay for all his needs shopping in town plus abit more. Canada had some of the cheapest food in the world and also cheap oil and gasoline. Not to mention the non hysterical attitude to energy, orderley marketing and general well being of its citizens and balance of accounts in treasury. Then one day someone decided that someone needed to "own" this oil seeping out of the ground. Of course the lobbyists were connected with the US oil companies and indeed ownership was transferred from the farmers to private interests. Since then food prices are forever up, oil is forever up, inflation runs away from time to time, and, like everywhere farmers struggle with operating costs. So who won? the oil companies of course they did. The very people that commerce and energy supply were to benefit became victims to forever spiralling profits. Profits , high profits , were to ensure that energy supplies i.e were never to run out through active ongoing exploration. Instead shortages or should i more accurately say contrived shortages have since then been used to further increase the cost of oil/petrol.Same all over the world. What a con and it is ongoing. Where is the forum that will accept our insistence that we break from the shackles of dependance on oil? and the governments addiction to the taxes on those essential products. Given public sentiment re the environment and fuel and energy conservation, where is the electric car that is already a feasible product. The easiest way to solving some of our problems and yet the only choices we get to make are silly like removing plastic bags from circulation. The same can be said for most commodities in private hands, where the price can be manipulated by the private holder with no social conscience to appease. First oil now fertiliser is being held to the throats of every man woman and child on this planet. Who is there to exercise some sort of social conscience if not ourselves? Nationalise the energy and fertiliser resources i say.
 
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