Canadian Gasoline prices spike before Easter weekend, here's WHY!

Canadian Gasoline prices spike before Easter weekend, here's WHY!(Yahoo).Canadians woke up to spiking gasoline costs this morning, with prices reaching 140.1 cents a litre in Toronto and 147.9 in Montreal. That's about eight per cent higher than a year ago, even though crude oil prices are lower. Crude for May delivery fell $1.05 to $102.95 US a barrel Wednesday morning on the New York Mercantile Exchange. A year ago, crude was trading at $104 a barrel. Gas price watcher Dan McTeague says the oil industry usually tries to explain the increase by saying it's to cover the cost of converting from winter to summer fuel. But McTeague, a former Liberal member of Parliament and a harsh critic of the oil industry who runs the website Tomorrow's Gas Price Today, calls that a "lame and well-worn excuse." He says fuel specifications in Canada — unlike the U.S. — don't change with the seasons. David Detomasi, an assistant professor of international business at Queen's University in Kingston, Ont., calls the latest increases "pretty shocking." For the most part, he says, there's no reasonable explanation. While prices across the country vary widely due to various provincial and territorial tax regimes, prices in southern Ontario could hit record highs between 143 and 147 cents a litre by the end of this month, analyst Roger McKnight of Oshawa-based En-Pro International Inc. said Tuesday. "It's going to hit and stick," McKnight said. "Prices increased nine of the last 10 years in March and April, but this year they started in January and they are continuing to roll." Gas prices usually rise in the spring as refineries shut down to convert from producing diesel to gasoline as the summer driving and vacation months approach. This year, however, shutdowns of four refineries in Pennsylvania and five in Europe have severely cut North American supplies, McKnight said.Hmmmmm................."he says, there's no reasonable explanation." well try this one for an 'explanation'!How many of you are aware Sunoco, Conoco Phillips and The HESS Corp are all closing US oil refineries? Not many, as the media refuses to give this HUGE story coverage. My guess is that if Americans understood the complete truth to how we are being sold out, and enslaved there just might be the much needed revolution to turn this country around. Last September, both Sunoco and Conoco Phillips announced plant closing, effecting thousands of workers. Sunoco announced they are completely getting out of the oil industry. Closing up shop. They are done with the US oil industry. Sunoco is closing it's 2 oil refineries in July 2012 in Philadelphia and Marcus Hook, Pa. Those 2 facilities alone process over 500,000 barrels a day. Also announced last year, ConocoPhillips announced 2 plant closing for sure in Trainer, PA and Bayway, NJ., the other 3 plants are undecided as of today.
Conoco also announced they were closing their Alaskan refining facility: Just a week ago, the US 3rd largest oil refinery owned and operated by The HESS Corp just announced it's permanent closure. Costing over 2,000 jobs, and effecting 950 contractors.
Refineries on the East Coast of the US supply 40% of the gasoline sales and 60% of the diesel and other fuel oils. Of that, HALF that comes from the Sunoco and Conoco Phillips plant closures. When Conoco Phillips announced that it was closing the Trainer refinery, Willie Chiang, then ConocoPhillips' Senior Vice President of Refining, Marketing, Transportation and Commercial, noted that their decision to sell, like Sunoco's, was based on unfavorable economics caused by a competitive and difficult market environment characterized by "...product imports, weakness in motor fuel demand, and costly regulatory requirements." They are ALL closing up shop due to government regulations, union demands and excessive operating costs brought on by the Government regulations. Then you have the unions, led by Barry's buddy Leo Gerard saying they will close ALL US oil refineries starting from the east coast to west coast today.  Think gas and energy costs are high right now.......wait 6 months. You haven't seen anything yet. How can anyone expect any company to do business with an anti-American, hostile government out of control? You can't. That is why we are seeing a mass exodus, across the board in every industry in the US LEAVING.Hmmmm.......You will obey and buy electric cars.