Latest / Shane Hewitt and The Nightshift
SHIFTHEADS: The Pump Price That Works Against You and For You at the Same Time
Oil price volatility in Canada puts you in a strange position every time you fill up. You pay more at the pump and somewhere in the federal math, the country collects more too. High oil means bigger equalization payments flowing across provinces. That does not make the receipt feel better.
What does it mean when $120 a barrel corrects back down below $100 and the question is whether the statement caused it or the market did? The variables are global, but the reason the decisions get made or reversed tends to come back to one thing: how much it costs to fill a tank and whether people will…
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