posted on May, 11 2011 @ 11:32 AM
Had a conversation with a friend last week and I remember him stating that these ridiculous gas prices will soon start to drop because oil is on the
way down. I never wanted someone to be so right.
But here we are...oil coming down and gas...continues to climb.
I know the US was in shock when some States were seeing $5 per gallon. Ha!
How about $5.60 and up? That's what some experienced in Canada.
The scary thing is that we here in Canada are not hearing any news that the upward swing will soon end. In fact, as we approach summer, it is a
certainty to continue to rise as that's what happens.
It's ridiculous that I now drive only when I absolutely have to. I don't want to think of a holiday trip as the budget for fuel will outweigh
So now the Govt. believes we have an extra $1,000 to shell out? The equivalent of a 7% tax hike...as if we didn't have enough taxes already. An extra
12 Billion GONE from our pockets.
I DON'T HAVE ANOTHER $1,000 TO GIVE!
Higher Canadian gas prices could cost households an extra $950 this year: CIBC
The Central Canada gas price puzzle
OTTAWA — The recent surge in gasoline prices, if sustained, will cost the average Canadian household an extra $950 this year, according to a
report issued Monday. CIBC World Markets said the 25 per cent rise in pump prices since September would, at current levels, cost Canadian consumers
an extra $12 billion over the course of 2011, equivalent to a tax hike of about seven per cent. Read more:
Gas prices jump at Ontario, Quebec pumps
Record gasoline prices are hammering consumers in Central Canada, even though oil prices are sitting well below recent highs and most regions in
the West and Atlantic Canada are so far seeing little change at the pumps.
Gas price breaches 140 cents per litre - hitting 141.1
Gasoline prices at the pumps soared in parts of Ontario and Quebec early Tuesday, even as the price of crude oil was little changed. Motorists
were paying 6.5 cents a litre more in southern and eastern Ontario, the website tomorrowsgaspriceotoday.com reported. A litre of regular gas in the
Toronto area cost $1.396 early Tuesday, compared with 96.3 cents a year ago.
Drivers saw another leap in gas prices on Wednesday with the average price in Toronto breaching the 140 cents per litre mark. After a record
increase of 6.5 cents on Tuesday, a further 1.5 cents per litre was added on Wednesday, leaving the average price at 141.1.
So, what are the prices in your area?
US Average Gas Prices by State:
Canada Average Gas Prices By Province:
edit on 11-5-2011 by jude11 because: (no reason given)