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There was an economist on CBC or something that said the oil companies estimate people will finally backlash when prices hit about $1.60-$1.80 a litre. Then they drop the price to about $1.20 a litre and leave it. Then they will only be about .25 cents over the price they should be at fairly.
It'll happen. Honestly just about everything is going up in price and very few people notice or care about so, we'll keep paying.
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