How fossil fuel prices and profits are making YOUR life more expensive.
Ever wondered what's behind the rising costs on your heating bill or at the gas pumps? It may not be what you think.
Read our reports for a dollars-and-sense breakdown of how the profits pocketed by oil and gas corporations, CEOs, and investors came at the expense of workers and consumers.
The DATA
How financial speculation and corporate power determine oil prices
The 2022 oil price shock wasn’t a one-time crisis — it’s part of a pattern. That surge cost Canadians $200 billion, and history tells us it will happen again. We don’t have to accept this as inevitable.The next crisis is preventable — and the solutions exist.
Listen to find out how.
The Roller Coaster of Oil Prices
Tune in to our audio explainer to understand how oil prices are set, why they are so volatile, and how they drive up costs for households and businesses.
The Reports
Evidence on the impact of fossil fuel prices and profits on Canadian living standards
This is the first in a series of reports to be published by the False Profits project. We’re working to crunch the numbers — check back for more soon.
Counting the Costs
How the spike in world oil prices in 2022 (caused mostly by financial speculation on global futures markets) was the main factor causing the subsequent surge in inflation in Canada (and elsewhere). That oil price spike cost Canadians almost $200 billion over the next three years — $12,000 per household.
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