Monday, October 13, 2008 1:57:42 PM
Featured Sponsor
Save 5% on gas
All gas purchases get a 5% rebate with the Discover Card*
Click here for more info

Add gas prices to your web site.
Click here to find out how!
GasBuddy News Article


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.


Visit The Globe And Mail for full article

Message Forum - Read Message
Category: Daily News Article Discussions > Topics Add to favorite topics  Post New Topic
Rate this topic:  Low   1 - 2 - 3 - 4 - 5  High  Avg rating: 4.0  (1 votes)
Author Topic: Are you set for $1.50 a litre? Post a ReplyBack to Topics
JT
Moderator

Message Posted: 5/22/2008 9:48:10 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)
magnumCA
Champion Author
Los Angeles

Posts:1,133
Points:225,100
Joined:Jan 2008
Message Posted: 5/23/2008 3:55:57 PM  Ignore magnumCA Report Abuse
up up and away
kanmandoo
All-Star Author
Detroit

Posts:944
Points:868,535
Joined:Jun 2005
Message Posted: 5/23/2008 1:17:06 PM  Ignore kanmandoo Report Abuse
Try 1.60 / 1.75.
eddmac
Champion Author
Washington

Posts:1,837
Points:471,105
Joined:May 2006
Message Posted: 5/23/2008 12:03:50 PM  Ignore eddmac Report Abuse
Are you set? It should read "What ya gonna do about it bucko"
ramshot412
Champion Author
Riverside

Posts:11,588
Points:1,162,790
Joined:Apr 2004
Message Posted: 5/23/2008 10:28:23 AM  Ignore ramshot412 Report Abuse
GREED!! They got it in Canada, too, eh?
frede2
Champion Author
Texas

Posts:3,359
Points:739,710
Joined:May 2005
Message Posted: 5/23/2008 9:47:25 AM  Ignore frede2 Report Abuse
greed just gets more and more daily
kmgaslooker
Rookie Author
Long Island

Posts:42
Points:218,290
Joined:Jun 2007
Message Posted: 5/23/2008 9:43:49 AM  Ignore kmgaslooker Report Abuse
I need to get a Vespa
EarlyMoose
Champion Author
Seattle

Posts:1,717
Points:665,740
Joined:Dec 2005
Message Posted: 5/23/2008 9:41:32 AM  Ignore EarlyMoose Report Abuse
Hey gasforus,

You may buy gas in gallons, but your vote still doesn't count. Thanks DNC!
NissanGirl
Veteran Author
Oregon

Posts:263
Points:143,785
Joined:Jan 2008
Message Posted: 5/23/2008 9:40:50 AM  Ignore NissanGirl Report Abuse
I'm not going anywhere for the holiday.
EarlyMoose
Champion Author
Seattle

Posts:1,717
Points:665,740
Joined:Dec 2005
Message Posted: 5/23/2008 9:40:22 AM  Ignore EarlyMoose Report Abuse
They have the oil sands too! Somebody's making money.
rustyOR
Veteran Author
Oregon

Posts:484
Points:106,700
Joined:Apr 2008
Message Posted: 5/23/2008 9:39:57 AM  Ignore rustyOR Report Abuse
We feel your pain
white_fang
Rookie Author
Dallas

Posts:60
Points:62,900
Joined:Apr 2008
Message Posted: 5/23/2008 9:39:24 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:1,766
Points:526,865
Joined:Apr 2007
Message Posted: 5/23/2008 9:34:39 AM  Ignore KO292 Report Abuse
oh canada!!!
w4kh
Champion Author
Riverside

Posts:3,479
Points:605,270
Joined:May 2004
Message Posted: 5/23/2008 9:34:08 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:822
Points:279,195
Joined:Jan 2007
Message Posted: 5/23/2008 9:32:27 AM  Ignore CatbirdWoman Report Abuse
I do. I mean, true, I don't live in Canada, but I'm still not heartless!
RAD3
Champion Author
Toronto

Posts:1,126
Points:909,855
Joined:Feb 2004
Message Posted: 5/23/2008 9:32:21 AM  Ignore RAD3 Report Abuse
Premium gas prices are already at $1.40. Ouch!
gasman50
Champion Author
Portland

Posts:1,168
Points:784,625
Joined:Nov 2005
Message Posted: 5/23/2008 9:30:58 AM  Ignore gasman50 Report Abuse
Ugly
fairchildd
All-Star Author
Kansas City

Posts:685
Points:327,410
Joined:Aug 2007
Message Posted: 5/23/2008 9:29:39 AM  Ignore fairchildd Report Abuse
wonder at what point driving will become an option instead of a necessity?
Don20
Champion Author
Oklahoma City

Posts:1,338
Points:977,235
Joined:Mar 2005
Message Posted: 5/23/2008 9:29:30 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 9:29:22 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
Champion Author
Illinois

Posts:1,558
Points:182,100
Joined:Feb 2008
Message Posted: 5/23/2008 9:28:13 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:8,850
Points:680,810
Joined:Aug 2006
Message Posted: 5/23/2008 9:27:14 AM  Ignore tomok Report Abuse
thats way too high for fuel.....
laddyboy62
Champion Author
Riverside

Posts:1,385
Points:955,810
Joined:Mar 2005
Message Posted: 5/23/2008 9:25:03 AM  Ignore laddyboy62 Report Abuse
sorry canada...got our own problems
ledoy
Champion Author
Dayton

Posts:4,915
Points:997,400
Joined:Aug 2005
Message Posted: 5/23/2008 9:24:32 AM  Ignore ledoy Report Abuse
old news
_angel35_
Sophomore Author
Michigan

Posts:194
Points:67,405
Joined:Aug 2005
Message Posted: 5/23/2008 9:22:08 AM  Ignore _angel35_ Report Abuse
the US is also feeling the pain...believe me
MASHBY
Rookie Author
South Carolina

Posts:92
Points:23,105
Joined:May 2008
Message Posted: 5/23/2008 9:21:08 AM  Ignore MASHBY Report Abuse
we don't have a choice anymore
MightyDude
Champion Author
Minnesota

Posts:1,835
Points:994,845
Joined:Mar 2003
Message Posted: 5/23/2008 9:20:48 AM  Ignore MightyDude Report Abuse
no
Masercal
Champion Author
Michigan

Posts:1,301
Points:304,035
Joined:Oct 2007
Message Posted: 5/23/2008 9:20:35 AM  Ignore Masercal Report Abuse
Canada will go under just as fast as the U.S. unless this madness is stopped soon.
blazerbob91
Champion Author
Milwaukee

Posts:1,001
Points:366,880
Joined:Aug 2005
Message Posted: 5/23/2008 9:19:03 AM  Ignore blazerbob91 Report Abuse
Demand will take a drop this weekend. Not many people going far.
greywolves
All-Star Author
Las Vegas

Posts:994
Points:898,900
Joined:Dec 2004
Message Posted: 5/23/2008 9:16:42 AM  Ignore greywolves Report Abuse
suckers
CyanSquirrel
All-Star Author
Virginia

Posts:538
Points:117,930
Joined:Jun 2004
Message Posted: 5/23/2008 9:14:03 AM  Ignore CyanSquirrel Report Abuse
I'm just chompin' at the bit!
praises7
Champion Author
Twin Cities

Posts:10,167
Points:1,883,635
Joined:Feb 2003
Message Posted: 5/23/2008 9:12:16 AM  Ignore praises7 Report Abuse
Same old!
SpruceGuse2
Champion Author
Michigan

Posts:1,528
Points:824,575
Joined:Mar 2006
Message Posted: 5/23/2008 9:11:27 AM  Ignore SpruceGuse2 Report Abuse
And the drama continues.....
RdHogg
Champion Author
Houston

Posts:10,990
Points:1,331,840
Joined:Jun 2004
Message Posted: 5/23/2008 9:08:03 AM  Ignore RdHogg Report Abuse
who cares
Gas_Buzzer
Champion Author
South Carolina

Posts:6,256
Points:1,068,770
Joined:Sep 2005
Message Posted: 5/23/2008 9:05:09 AM  Ignore Gas_Buzzer Report Abuse
We purchase in gallons here you Canucks.
NavyEOD
Champion Author
Los Angeles

Posts:1,771
Points:393,860
Joined:Jul 2007
Message Posted: 5/23/2008 8:52:51 AM  Ignore NavyEOD Report Abuse
Do we have a choice?
RandyK9
Champion Author
London

Posts:3,120
Points:635,740
Joined:Jul 2006
Message Posted: 5/23/2008 8:51:54 AM  Ignore RandyK9 Report Abuse
No but it will come!!
bicycler
Champion Author
Ontario

Posts:5,980
Points:1,080,320
Joined:May 2005
Message Posted: 5/23/2008 8:51:00 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:2,946
Points:801,465
Joined:Mar 2004
Message Posted: 5/23/2008 8:49:33 AM  Ignore tobasco Report Abuse
Thats $5.80/gal.....Oh Canada!
mmene
Sophomore Author
Houston

Posts:139
Points:62,905
Joined:May 2008
Message Posted: 5/23/2008 8:46:59 AM  Ignore mmene Report Abuse
Anyone kow what $1.50/litre is in USD/gallon?
Rageagainsttm
Champion Author
Tampa

Posts:1,710
Points:391,590
Joined:Jul 2007
Message Posted: 5/23/2008 8:46:39 AM  Ignore Rageagainsttm Report Abuse
y u gotta pick on people polelane
POLELANE
Champion Author
Ohio

Posts:1,931
Points:200,650
Joined:Mar 2008
Message Posted: 5/23/2008 8:45:09 AM  Ignore POLELANE Report Abuse
which is larger; a liter or a litre?
oncotime
Champion Author
Milwaukee

Posts:9,100
Points:1,618,220
Joined:May 2003
Message Posted: 5/23/2008 8:43:53 AM  Ignore oncotime Report Abuse
How about $2.00/litre
Fencemaker
All-Star Author
Pittsburgh

Posts:825
Points:193,725
Joined:Sep 2006
Message Posted: 5/23/2008 8:42:49 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:390
Points:45,660
Joined:Jan 2007
Message Posted: 5/23/2008 8:41:26 AM  Ignore Bity Report Abuse
I agree with canescommuter . . . my car burns my money as fast as I can make it!
spunky4443
All-Star Author
Washington

Posts:966
Points:419,305
Joined:May 2005
Message Posted: 5/23/2008 8:41:25 AM  Ignore spunky4443 Report Abuse
The Dog Doo-Doo just keeps getting deeper.
Sealer
Champion Author
Charleston

Posts:2,342
Points:262,555
Joined:Jan 2008
Message Posted: 5/23/2008 8:41:11 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:387
Points:152,655
Joined:Oct 2005
Message Posted: 5/23/2008 8:37:34 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
All-Star Author
Portland

Posts:501
Points:72,200
Joined:Jul 2007
Message Posted: 5/23/2008 8:34:58 AM  Ignore rod1965 Report Abuse
I'm sorry, but can someone translate this from litres to gallons.
woos777
Champion Author
Washington

Posts:1,430
Points:633,580
Joined:Sep 2006
Message Posted: 5/23/2008 8:30:16 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
All-Star Author
Little Rock

Posts:767
Points:191,470
Joined:Dec 2007
Message Posted: 5/23/2008 8:30:12 AM  Ignore C5vette2004 Report Abuse
No because my car doesn't take litres... :))
Post a replyBack to Topics 

"Consumers working together to save on gas"
About Us | Privacy Policy | Disclaimer | Advertise With Us | Advertiser Log In | Contact Us   GasBuddy Organization Inc.(GB2)