You are welcome to make up your own reality, of course, if that is more comforting to you.

hahaha.

You still, in the most ignorant way possible think one cannot plot the curve of demand on a line graph as you think any use of those two words can only speak to a formal demand curve.

FLOL and you call yourself an educator.

I can take the demand data for anything and plot it to show the curve of that demand. That is a factually true statement.

I'm simply informing you that you are using the wrong terminology. I've shown you what a demand curve is. That name (and the meaningless restatement "curve of the demand") doesn't associate with the graph you are trying to show which is consumption as a function of time. It's fine to show that latter graph, but when you call it a demand curve everyone has a standard meaning which is relating quantities and price.

It is also worth noting that the bolded sentence is incomplete. A plot requires two axes. Let's ignore temporarily how you really mean quantity and not demand, that still leaves the question, quantity as a function of WHAT! Presumably you mean time, but notice that your poor language doesn't say.

I presume your inability to follow this very simple point is just your admitted habit of revenge bad faith gaslighting? Surely the "real" Cuepee behind the screen is capable of understanding such a basic point and you are just keeping up the gaslighting for the sake of it.....right?

https://toronto.citynews.ca/2022/06/...od-insecurity/

2022 and people are going hungry. But atleast we are stopping climate change, banning handguns and keeping COVID restrictions.

I wonder if these starving people have heard about the rebates?

Filled up my truck in Kimberley and $2:15 a litre $145

You do realize Justin has never probably bought groceries or gas himself. He has always had some one to do it.
Look at the mask requirements. Pierre showed his hypocracy he only wears it when the cameras are there.

JT knows his time is limited he is trying to impress the world for his next job

It's to bad we don't live in a country with unlimited supply of oil

That’s great .
Alberta will make tons of money with huge budget surplus due to high oil prices .
Permitting lowering tax even more !

What’s the problem ?
Where do u think money comes from if not from Higher prices giving higher profits ?

From my understanding Canada have more a refinery problem instead of a supply of oil Problem .

The last refinery build in Canada was in 1984 it seem ….

No i am not.

You are just showing how out of touch you are with economic terms and language. You have convinced yourselves because there are some standard economics terms that any use of the words in those terms in any other capacity is wrong. And you are wrong on that.

I can quote from the massive glossary of economic terms any of hundreds of usages, and take the individual words and use them differently and correctly.

You are simply wrong uke.

In casual speak there is nothing wrong with telling someone to take that data, and plot it on a line graph such that we can see the curve of that demand in a visual sense.

It was a big mistake for Canada to not have continued to invest in more refining capacity, continually from 1984, which would have seen us hit full capacity probably by the end of the 90's, in terms of ability to refine our own product.

The pay back time now for such expenditures is uncertain due to a potential drop in demand in O&G even with curve of demand for both China and India up and to the right for the foreseeable future.

Sure our Refineries would never be as efficient and cost competitive as the US mega ones, but the costs we pay now to ship it down to the US and then buy it back as finished O&G would all be kept in Country and go a long way to making up that efficiency and scale gap. Add to that it would create lots of high paying, good jobs and that is another win for the economy. Add in climate gains for lack of shipping back and forth, and then that we could supply first all Canadian needs and better control costs and profits margins, instead of exporting it out and importing in product from elsewhere and those are all gains to Canada too.

There really were no negatives to adding to Refining capacity and if the natural resource was instead in N.Quebec and all these jobs would have went in to that economy, I think there is no way we would not have invested heavily in it.

Can you quote somebody calling a graph of consumption as a function of time a "demand curve" or a "curve of the demand" other than yourself?

This is just simply one of the most foundational and basic concepts in all of economics. So it is really - really - weird to be using those words to mean something completely different. It makes you sound completely ignorant of econ 101 day 1 stuff. Like worse than calling cis people "biowomen" levels of bad terminology. At least with that one you EVENTUALLY stopped using the term.

You are still ****ing it up. Plot it against what? Even if you want to blur the distinction between "demand" and "quantity", you can't just say plot a measurement, you have to plot one measurement against another one. In this case you are implicitly meaning time. So make it explicit! Because when you say "demand curve" the axes that term implies are price and quantity.

100% agree with you on that

If only we could build pipelines and transfer that oil to refineries

It is embarrassing you are an educator and cannot comprehend this.


The demand for my widgets that my company sells has doubled year over year.

First year demand. ~2 units
Second year demand ~4 units
Third year demand ~8 units
Forth year demand ~16 units

When i plot that demand on a graph by year we can see what the curve of that demand looks like and extrapolate in to the future with an easy eye test...

Sure more refineries would be nice. But the biggest refinery in Canada does not refine Canadian oil.

That's a great plot. But it isn't a demand curve. A demand curve is a specific thing. It has different axes than what you show.

Part of being a great educator is being able to explain basic terminology to students. However, not all students are willing to learn and just because some insist on showing up to every exam and writing the wrong answer doesn't mean you are a bad educator. Even if they make an excel plot.

Hence the hike prices right ?

It’s about the same point as shifty and other comments blaming trudeau and BoC ( biden/fed in US ) for inflation .
which yes , they probably deserve a bit since I believe in debts being inflationary when government print money by monetizing the debt .

BUT , Being politically honest ?
Imo The refiners are making incredibly profits because of the lack of refineries.
And u cant build a refinery in 6 months .
But to do so , u would need the price of oil to stay high for many years if not a decade to justify a refinery build , same for pipeline .

It cost billions (in profits !) to build .
Those prices can’t stay that high because other countries could build more infrastructures as well with a lower cost then us , so we couldn’t gain much .
( shale in the US hit a wall in the 2015s exactly like this and had massive bankruptcies or Russia - Saudi oil war prices , etc.
https://www.cnbc.com/amp/2016/01/11/...ers-gheit.html )

I just think blaming is easy but doesn’t reflect reality as if carbon tax and long term climate changes projects are the cause of all the inflation we have .

The inflation is worldwide, with high amount of bad events simultaneously like a war , covid lockdown , monetary inflation , and every countries in the world have the same problems.
Trudeau do not influence the whole world and I think u both should be glad for it ?

when this cycle of rising rates peaks, do you guys think our housing market does better or worse than 2008? Immigration gonna save it?

The problem with oil and gas is yes if only Alberta had built the refinery capacity 10 years ago .

Though to not blame Justin and Biden for the fact as a continent we are not energy independent is would be crazy . They are the reason many pipelines are not approved and scared away investment

All while the phony wears a mask when the cameras are on but as soon as there gone so is the mask.
His excuse for masks on planes and federal buildings . Were in the middle of a pandemic . No we're not

So this baffles me I was on Cranbrook and they have charging stations for Electric cars by the CDN Tire and Tim's. One guy was charging his Tesla and asked him how long it takes. He said 25 minutes to 95 % and it's free. Thinking that's a free sweetheart deal. The thing that baffled me 6 stations for Tesla's and two for other electrics and that was $.28 a minute. You think they would use the same plug. This looks like an Apple Android thing what a waste . Though if you lived in Cranbrook you could charge your vehicle for free

Last build of refineries
Canada 1984

“But of the world's 195 countries, very few are truly self-sufficient. Even energy-rich countries like Russia, Saudi Arabia, Venezuela, Brazil and Canada which are well endowed in hydrocarbons import some of their energy in the form of refined petroleum products due to insufficient refining capacity.”

https://ourworld.unu.edu/en/energy-s...r-a-pipe-dream

“The result is that the overwhelming majority of Americans believe that energy self-sufficiency will improve national security, alleviate the debt and budget crisis and yield lower and more stable gasoline prices. This worldview is based on myths and poor understanding of how the modern global energy market actually works”

“Both case studies suggest that the move towards greater self-sufficiency does not necessarily lead to cheaper energy prices. All countries, irrespective of whether they are importers or producers, are part of the global energy market. This also casts doubt over the popular assertion that energy self-sufficiency could, in turn, weaken oil-exporting Middle Eastern states that are hostile to the West. OPEC member-states — who control nearly 80 percent of global conventional reserves — need a certain breakeven oil price in order to keep their economies afloat”

To have cheap oil prices is more complicated than people think ……
And been problematic for decades .
But blame biden ( 2 years in power ) /trudeau ( 7 years in power ) all u want .

The only way to have cheaper oil prices is actually to have more supply sources of energy competing .
It does cost a lot of money .
Any paradigm changes does .
But pipelines and refineries cost a bundle of cash too with dubious effect of profits in the long run due to high competition from opec and Russia .

To me the best remedy is just to find alternative in the long run .

Canada has the lowest supply of housing per capita in the G7. I don't think rate cycles will have that big of an effect on the housing market.

Yes that is very stupid but most vehicles have adaptors so they can utilize the other, as i understand it.

But that said, gov'ts should certainly set a standard for all manufacturers so that any and all Charging stations can be used by all since this arena is being so heavily subsidized.

It will definitely affect the house market .
Regulation will come ( already did in Vancouver and ontario) to protect home markets for Canadians by preventing to be inflated away from foreigners with taxes , etc with outside money .

When a house loses 25%-50% of “value “ because u increase the cost of capital , without rich foreigners keeping prices high , u just can’t prevent a collapse.
There is a limited amount of money in the system Canadians can earn through the economy right ?

The World's Smartest Robot Is Living in Vancouver

Another day, another Trudeau scandal. Who's votes for this scum?



https://www.saltwire.com/halifax/new...tor-100742705/