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Quote:

Originally Posted by AltaRed I suspect there is no easy fix. It is not out of the question that gasoline could be $5/gal in America anyway within 5 years. A continued slide in the value of the greenback at 10%/year against the Euro and other key currencies... plus increased consumption by the BRIC countries... plus the world max'ing out on supply (peak oil theory) could drive oil prices up to $150-200/barrel. Is it not better to take the initiative to tackle the problem early and try to control it than to have it done to you?

So you're saying that if we levy some big taxes on gasoline, oil won't go up to $150 - $200 per barrel? That doesn't really seem to add up.........

Are you expecting gasoline prices in Canada to stay stable price-wise due to your taxation policies? That is, a decade from now Canadian gasoline prices will be low due to taxation now and USA gasoline prices will be high due to lack of taxation now?

BTW, I practice living life with high gasoline prices by driving up to Red Lake every summer! It's painful........ But sometimes ya just gotta pay the price!

Updated to add: Also apologize for taking the thread off subject. Hmmmm..... maybe high gas prices in Canada lead to less driving and thus less exposure to automobile accidents and thus lower health care costs........ and the thread is back on!