no matter it is, demand or greed, we are heart by oil

micro or macro, everything is affected by the soaring oil prices.whether you're going from your driveway, taking a bus, buying a loaf of bread, mowing you loan,or even setting your sails, you fell the clinch of high oil prices.
it should be acceptable to watch this daily insane in country like Nepal, or Jordan, where they lack any natural resources or crude oil , not in Canada.
the reason why we shouldn't have such high oil prices here in Canada, is simple, we have abundant resources of the crude. Canada is one of the top ten oil producing countries when it comes to reserves, if you take only the oil sands, Canada would be the second after Saudi Arabia.
it is a fare comparison when speak about oil prices in both Canada and Saudi Arabia. both countries are large, both countries are reach,and both countries are oil exporting and producing countries but when it comes to the pump, Canadians are poor if compared to Saudis. Saudis pay at the pump less than 25 cents/litres for the premium, how much we pay? no body can give a right answer, because everyday we have another price.

why everyday we have another price? there are two conventional reasons on them oil companies will rely, international oil prices and higher demand. On the other hands there are other reasons, among them greed, speculations, and politics.

lately, many hired writers, were paid by certain oil companies to heat-up the oil issue, and prepare consumers for a much higher prices during the prevailing days. others where paid by others to FIX gas prices at the pump in certain provinces. those who got caught and charged paid a dear price to let others, who used them, enjoy lavish life and keep themselves busy counting their gains, those gains which pumped to their pockets every time we pump expensive fuel into our tanks. literally, our money was going out of our small, tiny pockets, into their deep deep pockets.

is true that international demand on oil is responsible?is it true that less crude offered in the international markets is responsible? is it Nuclear Iran and, and Iraq before?is is Arabs and Israelis?

Mr. Abdulla Bin Hamad Al attiya - The Qatari Prime Minister -answered this years ago. when he was OPEC president, several years ago, I asked him why we were seeing higher oil prices, - price crude was only $55 a barrel, and yet was considered high-, he said" the market is flooded with oil, there are enough supplies, prices are going high because of two things, speculations and some geopolitics aspects".

our so called experts and analysts in the west had different option, they said, OPEC is the blame, they have to produce more. Only today, we knew for sure that speculations is the main cause for our daily pain not only on the pump but everywhere else.

what looks amazing also, is production cost per barrel have witnessed significant decrease because of better production technology and better well maintaining and maintenance methods and recovery methods which all lead to less production cost.
I wonder, is there a new technology to reduce human greed and corporate spin.