Are you set for $1.50 a litre? - Toronto Gas Prices

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Are you set for $1.50 a litre? Thursday, May 22, 2008
The Globe And Mail -- The chances that the price of gasoline will hit the $1.40 to $1.50 a litre range this summer have increased now that crude oil has surged past $133 (U.S.) a barrel, analysts say. The price at the pump averaged around $1.27 (Canadian) a litre across Canada this week, but the combination of a usual summer spike and high crude prices will likely cause a further jump of at least 10 to 15 cents a litre, said Cathy Hay, senior associate at MJ Ervin & Associates Inc., which tracks gas prices. "What we haven't seen yet is that seasonal rise in gas prices related to supply and demand," she said.
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JT Moderator	Message Posted: 5/22/2008 10:48:10 AM	Ignore JT Report Abuse
	Thursday, May 22, 2008 The Globe And Mail -- The chances that the price of gasoline will hit the $1.40 to $1.50 a litre range this summer have increased now that crude oil has surged past $133 (U.S.) a barrel, analysts say. The price at the pump averaged around $1.27 (Canadian) a litre across Canada this week, but the combination of a usual summer spike and high crude prices will likely cause a further jump of at least 10 to 15 cents a litre, said Cathy Hay, senior associate at MJ Ervin & Associates Inc., which tracks gas prices. "What we haven't seen yet is that seasonal rise in gas prices related to supply and demand," she said. Visit The Globe And Mail for full article

REPLIES (newest first)		Page: First Prev [ 1 ] 2 3 4 Next Last

magnumCA All-Star Author Los Angeles Posts:614 Points:140,480 Joined:Jan 2008	Message Posted: 5/23/2008 4:55:57 PM	Ignore magnumCA Report Abuse
	up up and away
kanmandoo All-Star Author Detroit Posts:703 Points:787,315 Joined:Jun 2005	Message Posted: 5/23/2008 2:17:06 PM	Ignore kanmandoo Report Abuse
	Try 1.60 / 1.75.
eddmac Champion Author Washington Posts:1,592 Points:415,585 Joined:May 2006	Message Posted: 5/23/2008 1:03:50 PM	Ignore eddmac Report Abuse
	Are you set? It should read "What ya gonna do about it bucko"
ramshot412 Champion Author Riverside Posts:10,964 Points:1,100,575 Joined:Apr 2004	Message Posted: 5/23/2008 11:28:23 AM	Ignore ramshot412 Report Abuse
	GREED!! They got it in Canada, too, eh?
frede2 Champion Author Texas Posts:2,986 Points:676,660 Joined:May 2005	Message Posted: 5/23/2008 10:47:25 AM	Ignore frede2 Report Abuse
	greed just gets more and more daily
kmgaslooker Rookie Author Long Island Posts:42 Points:174,090 Joined:Jun 2007	Message Posted: 5/23/2008 10:43:49 AM	Ignore kmgaslooker Report Abuse
	I need to get a Vespa
EarlyMoose Champion Author Seattle Posts:1,348 Points:592,165 Joined:Dec 2005	Message Posted: 5/23/2008 10:41:32 AM	Ignore EarlyMoose Report Abuse
	Hey gasforus, You may buy gas in gallons, but your vote still doesn't count. Thanks DNC!
NissanGirl Sophomore Author Oregon Posts:154 Points:86,330 Joined:Jan 2008	Message Posted: 5/23/2008 10:40:50 AM	Ignore NissanGirl Report Abuse
	I'm not going anywhere for the holiday.
EarlyMoose Champion Author Seattle Posts:1,348 Points:592,165 Joined:Dec 2005	Message Posted: 5/23/2008 10:40:22 AM	Ignore EarlyMoose Report Abuse
	They have the oil sands too! Somebody's making money.
rustyOR Veteran Author Oregon Posts:307 Points:71,935 Joined:Apr 2008	Message Posted: 5/23/2008 10:39:57 AM	Ignore rustyOR Report Abuse
	We feel your pain
white_fang Rookie Author Dallas Posts:33 Points:38,335 Joined:Apr 2008	Message Posted: 5/23/2008 10:39:24 AM	Ignore white_fang Report Abuse
	10 - 15 cents more per litre? you'd better expect more.. like 15 - 70 cents more per liter... the gas prices are on a skyrocket path
KO292 Champion Author Twin Cities Posts:1,279 Points:431,640 Joined:Apr 2007	Message Posted: 5/23/2008 10:34:39 AM	Ignore KO292 Report Abuse
	oh canada!!!
w4kh Champion Author Riverside Posts:3,235 Points:561,365 Joined:May 2004	Message Posted: 5/23/2008 10:34:08 AM	Ignore w4kh Report Abuse
	at $1.50 for a litre, that's close to CDN$6.00, which, because the US Dollar is in the toilet because of the reckless atittudes of our White House Idiot and his Oil Pal and puppeteer, DIckieBoy, is equivalent to almost US$7.50... And Canada has vast oil reserves they are pumping, so get this straight: MORE DRILLING WILL NOT BRING PRICES DOWN... if fuel costs are bugging you, go to alternative fuel sources (NOT the ones Big Oil is touting!) but electric cars with solar chargers, or compressed air engines... and biomass fuels
CatbirdWoman All-Star Author Ohio Posts:549 Points:220,875 Joined:Jan 2007	Message Posted: 5/23/2008 10:32:27 AM	Ignore CatbirdWoman Report Abuse
	I do. I mean, true, I don't live in Canada, but I'm still not heartless!
RAD3 All-Star Author Toronto Posts:969 Points:835,755 Joined:Feb 2004	Message Posted: 5/23/2008 10:32:21 AM	Ignore RAD3 Report Abuse
	Premium gas prices are already at $1.40. Ouch!
gasman50 All-Star Author Portland Posts:770 Points:694,040 Joined:Nov 2005	Message Posted: 5/23/2008 10:30:58 AM	Ignore gasman50 Report Abuse
	Ugly
fairchildd All-Star Author Kansas City Posts:653 Points:247,260 Joined:Aug 2007	Message Posted: 5/23/2008 10:29:39 AM	Ignore fairchildd Report Abuse
	wonder at what point driving will become an option instead of a necessity?
Don20 All-Star Author Oklahoma City Posts:894 Points:882,280 Joined:Mar 2005	Message Posted: 5/23/2008 10:29:30 AM	Ignore Don20 Report Abuse
	Soon to follow is a COST of Living increase for everyone, to off set the cost of gas in order to get to work.. (watch the whine from Washington then. Also min wage will have to increase.. [Edited by: Don20 at 5/23/2008 10:31:45 AM EST]
FuelGrinch Sophomore Author Kansas Posts:156 Points:47,500 Joined:Aug 2005	Message Posted: 5/23/2008 10:29:22 AM	Ignore FuelGrinch Report Abuse
	Consider this...Bottled water runs about $7.00 a gal. Gas don't look so bad compared to this.
funandtrvl All-Star Author Illinois Posts:597 Points:86,125 Joined:Feb 2008	Message Posted: 5/23/2008 10:28:13 AM	Ignore funandtrvl Report Abuse
	I feel sorry for them, but I think their gas taxes are higher than in US.
tomok Champion Author Portland Posts:6,925 Points:585,585 Joined:Aug 2006	Message Posted: 5/23/2008 10:27:14 AM	Ignore tomok Report Abuse
	thats way too high for fuel.....
laddyboy62 All-Star Author Riverside Posts:905 Points:860,810 Joined:Mar 2005	Message Posted: 5/23/2008 10:25:03 AM	Ignore laddyboy62 Report Abuse
	sorry canada...got our own problems
ledoy Champion Author Dayton Posts:4,500 Points:915,075 Joined:Aug 2005	Message Posted: 5/23/2008 10:24:32 AM	Ignore ledoy Report Abuse
	old news
_angel35_ Sophomore Author Michigan Posts:194 Points:58,680 Joined:Aug 2005	Message Posted: 5/23/2008 10:22:08 AM	Ignore _angel35_ Report Abuse
	the US is also feeling the pain...believe me
MASHBY Rookie Author South Carolina Posts:81 Points:19,755 Joined:May 2008	Message Posted: 5/23/2008 10:21:08 AM	Ignore MASHBY Report Abuse
	we don't have a choice anymore
MightyDude Champion Author Minnesota Posts:1,359 Points:904,540 Joined:Mar 2003	Message Posted: 5/23/2008 10:20:48 AM	Ignore MightyDude Report Abuse
	no
Masercal All-Star Author Michigan Posts:831 Points:210,235 Joined:Oct 2007	Message Posted: 5/23/2008 10:20:35 AM	Ignore Masercal Report Abuse
	Canada will go under just as fast as the U.S. unless this madness is stopped soon.
blazerbob91 All-Star Author Milwaukee Posts:564 Points:277,955 Joined:Aug 2005	Message Posted: 5/23/2008 10:19:03 AM	Ignore blazerbob91 Report Abuse
	Demand will take a drop this weekend. Not many people going far.
greywolves All-Star Author Las Vegas Posts:549 Points:806,530 Joined:Dec 2004	Message Posted: 5/23/2008 10:16:42 AM	Ignore greywolves Report Abuse
	suckers
CyanSquirrel Veteran Author Virginia Posts:443 Points:92,455 Joined:Jun 2004	Message Posted: 5/23/2008 10:14:03 AM	Ignore CyanSquirrel Report Abuse
	I'm just chompin' at the bit!
praises7 Champion Author Twin Cities Posts:9,691 Points:1,797,850 Joined:Feb 2003	Message Posted: 5/23/2008 10:12:16 AM	Ignore praises7 Report Abuse
	Same old!
SpruceGuse2 Champion Author Michigan Posts:1,046 Points:729,575 Joined:Mar 2006	Message Posted: 5/23/2008 10:11:27 AM	Ignore SpruceGuse2 Report Abuse
	And the drama continues.....
RdHogg Champion Author Houston Posts:10,438 Points:1,249,820 Joined:Jun 2004	Message Posted: 5/23/2008 10:08:03 AM	Ignore RdHogg Report Abuse
	who cares
Gas_Buzzer Champion Author South Carolina Posts:5,712 Points:973,890 Joined:Sep 2005	Message Posted: 5/23/2008 10:05:09 AM	Ignore Gas_Buzzer Report Abuse
	We purchase in gallons here you Canucks.
NavyEOD Champion Author Los Angeles Posts:1,291 Points:298,880 Joined:Jul 2007	Message Posted: 5/23/2008 9:52:51 AM	Ignore NavyEOD Report Abuse
	Do we have a choice?
RandyK9 Champion Author London Posts:3,049 Points:601,970 Joined:Jul 2006	Message Posted: 5/23/2008 9:51:54 AM	Ignore RandyK9 Report Abuse
	No but it will come!!
bicycler Champion Author Ontario Posts:5,226 Points:990,370 Joined:May 2005	Message Posted: 5/23/2008 9:51:00 AM	Ignore bicycler Report Abuse
	Sometimes I think that if the so called pundits would shut up, which only causes panic, things would settle back to somewhere near supply and demand. However it looks like the socalled pundets` need to see their name in print overrides their common sense. So they get their name quoted and the consumer is hurt again as the ego ef those experts revel in their prophecies are read.
tobasco Champion Author Los Angeles Posts:2,569 Points:727,420 Joined:Mar 2004	Message Posted: 5/23/2008 9:49:33 AM	Ignore tobasco Report Abuse
	Thats $5.80/gal.....Oh Canada!
mmene Rookie Author Houston Posts:75 Points:21,700 Joined:May 2008	Message Posted: 5/23/2008 9:46:59 AM	Ignore mmene Report Abuse
	Anyone kow what $1.50/litre is in USD/gallon?
Rageagainsttm Champion Author Tampa Posts:1,241 Points:300,495 Joined:Jul 2007	Message Posted: 5/23/2008 9:46:39 AM	Ignore Rageagainsttm Report Abuse
	y u gotta pick on people polelane
POLELANE Champion Author Ohio Posts:1,086 Points:104,675 Joined:Mar 2008	Message Posted: 5/23/2008 9:45:09 AM	Ignore POLELANE Report Abuse
	which is larger; a liter or a litre?
oncotime Champion Author Milwaukee Posts:8,612 Points:1,523,765 Joined:May 2003	Message Posted: 5/23/2008 9:43:53 AM	Ignore oncotime Report Abuse
	How about $2.00/litre
Fencemaker Veteran Author Pittsburgh Posts:471 Points:114,275 Joined:Sep 2006	Message Posted: 5/23/2008 9:42:49 AM	Ignore Fencemaker Report Abuse
	okietree - as long as you continue to purchase gasoline, you ARE contributing to that cause.
Bity Veteran Author Wichita Posts:386 Points:45,255 Joined:Jan 2007	Message Posted: 5/23/2008 9:41:26 AM	Ignore Bity Report Abuse
	I agree with canescommuter . . . my car burns my money as fast as I can make it!
spunky4443 Veteran Author Washington Posts:480 Points:323,370 Joined:May 2005	Message Posted: 5/23/2008 9:41:25 AM	Ignore spunky4443 Report Abuse
	The Dog Doo-Doo just keeps getting deeper.
Sealer Champion Author Charleston Posts:1,619 Points:176,555 Joined:Jan 2008	Message Posted: 5/23/2008 9:41:11 AM	Ignore Sealer Report Abuse
	I don't buy the litre and I don't live in a socialist country, so my gasoline taxes aren't as high.
okietree Veteran Author Oklahoma City Posts:372 Points:146,030 Joined:Oct 2005	Message Posted: 5/23/2008 9:37:34 AM	Ignore okietree Report Abuse
	Yes.. we are getting shafted by the high oil prices, but yet we continue to help all these countries and be everyones' big brother, but the Middle East can't be considerate. They need their millions so they can build the snowslide and ski palace in the middle of the desert!!!! Let's all continue to donate to THAT cause!
rod1965 Sophomore Author Portland Posts:228 Points:21,915 Joined:Jul 2007	Message Posted: 5/23/2008 9:34:58 AM	Ignore rod1965 Report Abuse
	I'm sorry, but can someone translate this from litres to gallons.
woos777 All-Star Author Washington Posts:943 Points:537,605 Joined:Sep 2006	Message Posted: 5/23/2008 9:30:16 AM	Ignore woos777 Report Abuse
	Wouldn't it be nice if a cheap fix was found and all of those big oil countries had to get food aid from America.
C5vette2004 Veteran Author Little Rock Posts:463 Points:129,440 Joined:Dec 2007	Message Posted: 5/23/2008 9:30:12 AM	Ignore C5vette2004 Report Abuse
	No because my car doesn't take litres... :))

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