Canada Has the Oil, So Why Is Gas Nearly $2/L?
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Gas is pushing toward $2 a litre in parts of Canada, so why does an oil-rich country still feel so exposed at the pump?
The hosts dig into refining, gas taxes, tariffs, trucking costs and the bigger question: does Canada need a new energy strategy?
In this episode, we break down:
- Why Canadian gas prices remain so high despite the country’s massive oil and energy resources
- Canada’s reliance on U.S. refining and what that means for fuel prices and energy security
- Gas taxes, hidden taxes and how much of each fill-up the hosts say is going to government
- How rising fuel costs and tariffs are affecting truck drivers, shipping and Canada-U.S. trade
- Whether Canada needs more domestic refining capacity and a new national energy strategy
- The connection between gas prices, inflation, interest rates and household affordability
- Why switching to electric vehicles may not be a simple solution for Canadian drivers
- Alberta’s role in Canada’s energy economy and the growing debate over pipelines, refining and energy independence
- Hosts: Mike Wixson, Paul Micucci
Timestamps:
- 00:00 Intro
- 02:19 Where gas is most expensive in Canada
- 04:20 Canada as an energy superpower
- 06:20 Why Canada sends oil to the U.S. for refining
- 09:06 Could tariffs make fuel even more expensive?
- 11:05 Truck drivers push back against rising gas costs
- 13:57 What slowing logistics could mean for the economy
- 17:00 How much tax Canadians pay at the pump
- 20:00 Gas prices, inflation and interest rates
- 23:00 Should Canada build and own a refinery?
- 26:02 Canada’s pipeline dependence on the U.S.
- 29:04 Alberta, energy policy and national unity
- 31:36 Is switching to EVs really the answer?
- 34:29 Why Canada may need a new energy strategy
- 37:02 Energy security in a changing North America
- 40:14 Gas, EVs and Canada’s path forward
If you enjoyed this, don’t forget to like, subscribe, and share your thoughts in the comments.
Pillars: Resources
#Canada #GasPrices #Energy #OilAndGas #CanadianEconomy
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