End Rising Oil Prices in Canada sign now

Oil Prices.

Oil is a substance extracted from the upper crust of the earth. Millions of barrels of crude oil are pumped a day. To be more precise, 2 500 000 barrels a day or about 520 000 000 litres a day. At the current average price of gasoline in Canada ranging between $0.80 and $0.90 that is a net profit of $416 000 000 to $468 000 000 worth of oil produced daily.

How much of this is actually profit and how much are expenses is a very hard number to reach because of secrecy of the oil companies. Not to go to far as to say they could be making $500 000 000 a day, but this gives some kind of scope as to how much money pours into this industry.

My proposal is to force the Canadian government to better regulate the prices of oil by putting a maximum cap on the price of oil per-litre in this country and by better regulating the individual gas stations that abuse their personal privilege of price setting.

My proposal would work as such;

1. A) Oil prices will be capped at a maximum amount of $0.80 a litre or (This value will be recalculated upon the finishing of the petition but will not exceed $0.83).
B) This number may be readjusted each year to include inflation but the amount may not exceed a \%1.2 adjustment rate unless inflation is exceeding \%5 in which case the rate can be increased to \%2.
2. A) A substantial fine will be placed upon those vendors that violate this capped price without reasonable cause such as transportation or availability issues in the area.
B) The fine will be proportionate to the amount exceeded of the cap.
C) Fines may be appealed in a court of law but under only extreme circumstances such as those mentioned above or other issues considered legally viable.
3. A) This bill cannot be adjusted without a 100\% house approval rating.
B) This bill cannot have sections added or removed without a full scale referendum.

If you would like to see this bill or a similar variation of it made into Canadian law, or you are merely tired of overly fluctuating gasoline prices then please sign this petition.

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Everett HarveyBy:
Justice, rights and public orderIn:
Petition target:
Canadian Government / House of Commons

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