We are still being price-gouged for gas

It seems that the oil companies can rely on how short our memories are

We are still being price-gouged for gas

Now that gas prices have dropped by a few cents a litre, I am amazed that some people are actually happy and think we are getting a good deal.

The fact is, we are still being price-gouged like never before when you look at the price of a barrel of oil.

It was only a few years ago when gas prices were directly linked to the price of crude oil. I remember quite well when crude was under $100 per barrel and we were paying less than $1 per litre for gas. When crude went above $100 our gas prices followed at about the same ratio of $1/100. Now that crude is at about $60 per barrel, we are paying about $1.50 for gas. I wonder if anyone sees any problem with the inconsistency here.

It seems that the oil companies can rely on how short our memories are and our apathetic attitude when it comes to consumer matters. Unfortunately, we never seem to disappoint them.

K. Beaumont

Duncan

Just Posted

Cowichan Power and Sail Squadron celebrates its 60th anniversary

Many who take courses go on to become Canadian Power Squadron members.

Andrea Rondeau column: Crime Stoppers is back, plus, why crime is important to write about

As a newspaper we cover crime as more than just entertainment.

Kick for the Cure crushes records

Soccer fundraiser for MS brings in more than $30,000

Sarah Simpson column: Daddy Day field trip to City Hall a hit

“They want to go upstairs so I made them ask at the front desk.”

A day at the beach for DCS athletes

Corbett and McCormick win three matches in Silver Division

10 facts about Father’s Day

Did you know that the special day for dads was first celebrated in 1910?

Coming up in Cowichan: Spend Father’s Day fishing, or head to the BC Forest Discovery Centre

Deadline coming to register for class reunion The Cowichan Secondary Class of… Continue reading

Monkey spotted on late-night jaunt in Campbell River

Conservation officers also apparently looking for cougar in the area

B.C. university to offer mentorship program for former youth in care

Students using the provincial tuition waiver program will soon be able to form a community at KPU

Cyclists competing in one of the toughest bike races on the planet pass through Fernie

Divide riders looking strong as they finish first leg of 4160 km race

You might not know these B.C. records are public

Hired a lawyer to file a civil claim? Those are published online

B.C. bus driver loses case to get job back after texting while driving full bus

An arbitator ruled that Tim Wesman’s phone usage was a “a reckless disregard for public safety”

Revamped B.C. Lions set to battle veteran Winnipeg Blue Bombers

The Lions’ first test of the season will be a big one

No business case for Trans Mountain expansion, says former environment minister

Cabinet is expected to announce its decision on the expansion of the Alberta-to-B.C. pipeline by Tuesday

Most Read