Oil and Gas?

Question

If Canada and the United States went to-gether is there not enough oil to satisfy both countries , and also why is the price so high if the oil companies are making such high profit?

Answer 1

well it isnt really the matter of the oil in the area, it is a matter of canada and the us drilling into the reserves. unfortunately there are people in the world who are more conscerend about the enviornment than for the economy of their country.

And, the oil companies in america are taking advantage of this energy crisis to up their sales and their profit. They saw how adicted we were to it and they can basically controll the way we spend because oil isnt just a luxory, it is a necessity.

Answer 2

because the ones who own the companies have the power to raise and lower the prices.