At 02:44 PM 9/1/05, you wrote:
> ...Exactly how finite is debatable....
True, a depleting resource. But I just heard that there's
more reserve oil sitting under the shale layer in the U.S.
(Colorado, etc. ?) than Saudi Arabia's reserves.
Not to add flame to the fuel :-), but no one has mentioned
the taxes included in the price of gasoline. In Canada,
about 38% of a price per liter goes to the feds, including
a surtax for deficit reduction. Only problem is our Lib.
federal gov't has been running a surplus for 9 straight years
and constantly brags about it.
In addition, in Ontario, the provincial gov't takes 14.7 cents
from the price of each liter of gas. Put that together with
the Feds portion and 50% of the price is for taxes.
Yesterday, our "esteemed" premier called on the feds
to lower their percentage of gas taxes but when asked
if he would lower the 14.7 cents per liter he said that he would
not because it goes toward a needed and valuable expenditure,
road construction and upkeep! Our roads still rank up there
with Detroit's :-P
Venting over. Time to get some gas for this weekend's races :-[
Bob
This archive was generated by hypermail 2b29 : Sat Oct 01 2005 - 12:50:23 EDT