Are you set for $1.50 a litre?

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Sunday, July 20, 2008 8:17:45 AM

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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 8:48:10 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:677 Points:150,480 Joined:Jan 2008	Message Posted: 5/23/2008 2:55:57 PM	Ignore magnumCA Report Abuse
	up up and away
kanmandoo All-Star Author Detroit Posts:733 Points:795,640 Joined:Jun 2005	Message Posted: 5/23/2008 12:17:06 PM	Ignore kanmandoo Report Abuse
	Try 1.60 / 1.75.
eddmac Champion Author Washington Posts:1,618 Points:422,810 Joined:May 2006	Message Posted: 5/23/2008 11:03:50 AM	Ignore eddmac Report Abuse
	Are you set? It should read "What ya gonna do about it bucko"
ramshot412 Champion Author Riverside Posts:11,053 Points:1,109,825 Joined:Apr 2004	Message Posted: 5/23/2008 9:28:23 AM	Ignore ramshot412 Report Abuse
	GREED!! They got it in Canada, too, eh?
frede2 Champion Author Texas Posts:3,031 Points:684,595 Joined:May 2005	Message Posted: 5/23/2008 8:47:25 AM	Ignore frede2 Report Abuse
	greed just gets more and more daily
kmgaslooker Rookie Author Long Island Posts:42 Points:180,190 Joined:Jun 2007	Message Posted: 5/23/2008 8:43:49 AM	Ignore kmgaslooker Report Abuse
	I need to get a Vespa
EarlyMoose Champion Author Seattle Posts:1,354 Points:593,265 Joined:Dec 2005	Message Posted: 5/23/2008 8:41:32 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:159 Points:92,780 Joined:Jan 2008	Message Posted: 5/23/2008 8:40:50 AM	Ignore NissanGirl Report Abuse
	I'm not going anywhere for the holiday.
EarlyMoose Champion Author Seattle Posts:1,354 Points:593,265 Joined:Dec 2005	Message Posted: 5/23/2008 8:40:22 AM	Ignore EarlyMoose Report Abuse
	They have the oil sands too! Somebody's making money.
rustyOR Veteran Author Oregon Posts:362 Points:82,760 Joined:Apr 2008	Message Posted: 5/23/2008 8:39:57 AM	Ignore rustyOR Report Abuse
	We feel your pain
white_fang Rookie Author Dallas Posts:36 Points:42,520 Joined:Apr 2008	Message Posted: 5/23/2008 8:39:24 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:1,334 Points:442,465 Joined:Apr 2007	Message Posted: 5/23/2008 8:34:39 AM	Ignore KO292 Report Abuse
	oh canada!!!
w4kh Champion Author Riverside Posts:3,250 Points:562,240 Joined:May 2004	Message Posted: 5/23/2008 8:34:08 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:599 Points:230,135 Joined:Jan 2007	Message Posted: 5/23/2008 8:32:27 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:980 Points:844,450 Joined:Feb 2004	Message Posted: 5/23/2008 8:32:21 AM	Ignore RAD3 Report Abuse
	Premium gas prices are already at $1.40. Ouch!
gasman50 All-Star Author Portland Posts:810 Points:704,390 Joined:Nov 2005	Message Posted: 5/23/2008 8:30:58 AM	Ignore gasman50 Report Abuse
	Ugly
fairchildd All-Star Author Kansas City Posts:653 Points:255,110 Joined:Aug 2007	Message Posted: 5/23/2008 8:29:39 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:941 Points:892,905 Joined:Mar 2005	Message Posted: 5/23/2008 8:29:30 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 8:29:22 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:691 Points:96,950 Joined:Feb 2008	Message Posted: 5/23/2008 8:28:13 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:7,135 Points:597,485 Joined:Aug 2006	Message Posted: 5/23/2008 8:27:14 AM	Ignore tomok Report Abuse
	thats way too high for fuel.....
laddyboy62 All-Star Author Riverside Posts:960 Points:871,635 Joined:Mar 2005	Message Posted: 5/23/2008 8:25:03 AM	Ignore laddyboy62 Report Abuse
	sorry canada...got our own problems
ledoy Champion Author Dayton Posts:4,560 Points:926,975 Joined:Aug 2005	Message Posted: 5/23/2008 8:24:32 AM	Ignore ledoy Report Abuse
	old news
_angel35_ Sophomore Author Michigan Posts:194 Points:61,830 Joined:Aug 2005	Message Posted: 5/23/2008 8:22:08 AM	Ignore _angel35_ Report Abuse
	the US is also feeling the pain...believe me
MASHBY Rookie Author South Carolina Posts:91 Points:21,985 Joined:May 2008	Message Posted: 5/23/2008 8:21:08 AM	Ignore MASHBY Report Abuse
	we don't have a choice anymore
MightyDude Champion Author Minnesota Posts:1,413 Points:915,795 Joined:Mar 2003	Message Posted: 5/23/2008 8:20:48 AM	Ignore MightyDude Report Abuse
	no
Masercal All-Star Author Michigan Posts:886 Points:221,160 Joined:Oct 2007	Message Posted: 5/23/2008 8:20:35 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:619 Points:288,780 Joined:Aug 2005	Message Posted: 5/23/2008 8:19:03 AM	Ignore blazerbob91 Report Abuse
	Demand will take a drop this weekend. Not many people going far.
greywolves All-Star Author Las Vegas Posts:604 Points:818,435 Joined:Dec 2004	Message Posted: 5/23/2008 8:16:42 AM	Ignore greywolves Report Abuse
	suckers
CyanSquirrel Veteran Author Virginia Posts:478 Points:101,005 Joined:Jun 2004	Message Posted: 5/23/2008 8:14:03 AM	Ignore CyanSquirrel Report Abuse
	I'm just chompin' at the bit!
praises7 Champion Author Twin Cities Posts:9,731 Points:1,805,665 Joined:Feb 2003	Message Posted: 5/23/2008 8:12:16 AM	Ignore praises7 Report Abuse
	Same old!
SpruceGuse2 Champion Author Michigan Posts:1,106 Points:740,725 Joined:Mar 2006	Message Posted: 5/23/2008 8:11:27 AM	Ignore SpruceGuse2 Report Abuse
	And the drama continues.....
RdHogg Champion Author Houston Posts:10,519 Points:1,259,630 Joined:Jun 2004	Message Posted: 5/23/2008 8:08:03 AM	Ignore RdHogg Report Abuse
	who cares
Gas_Buzzer Champion Author South Carolina Posts:5,773 Points:985,690 Joined:Sep 2005	Message Posted: 5/23/2008 8:05:09 AM	Ignore Gas_Buzzer Report Abuse
	We purchase in gallons here you Canucks.
NavyEOD Champion Author Los Angeles Posts:1,341 Points:308,730 Joined:Jul 2007	Message Posted: 5/23/2008 7:52:51 AM	Ignore NavyEOD Report Abuse
	Do we have a choice?
RandyK9 Champion Author London Posts:3,059 Points:605,520 Joined:Jul 2006	Message Posted: 5/23/2008 7:51:54 AM	Ignore RandyK9 Report Abuse
	No but it will come!!
bicycler Champion Author Ontario Posts:5,316 Points:1,001,295 Joined:May 2005	Message Posted: 5/23/2008 7:51:00 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:2,605 Points:734,045 Joined:Mar 2004	Message Posted: 5/23/2008 7:49:33 AM	Ignore tobasco Report Abuse
	Thats $5.80/gal.....Oh Canada!
mmene Sophomore Author Houston Posts:110 Points:32,000 Joined:May 2008	Message Posted: 5/23/2008 7:46:59 AM	Ignore mmene Report Abuse
	Anyone kow what $1.50/litre is in USD/gallon?
Rageagainsttm Champion Author Tampa Posts:1,291 Points:310,345 Joined:Jul 2007	Message Posted: 5/23/2008 7:46:39 AM	Ignore Rageagainsttm Report Abuse
	y u gotta pick on people polelane
POLELANE Champion Author Ohio Posts:1,179 Points:115,500 Joined:Mar 2008	Message Posted: 5/23/2008 7:45:09 AM	Ignore POLELANE Report Abuse
	which is larger; a liter or a litre?
oncotime Champion Author Milwaukee Posts:8,666 Points:1,534,570 Joined:May 2003	Message Posted: 5/23/2008 7:43:53 AM	Ignore oncotime Report Abuse
	How about $2.00/litre
Fencemaker All-Star Author Pittsburgh Posts:523 Points:124,125 Joined:Sep 2006	Message Posted: 5/23/2008 7:42:49 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 7:41:26 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:539 Points:335,250 Joined:May 2005	Message Posted: 5/23/2008 7:41:25 AM	Ignore spunky4443 Report Abuse
	The Dog Doo-Doo just keeps getting deeper.
Sealer Champion Author Charleston Posts:1,675 Points:183,480 Joined:Jan 2008	Message Posted: 5/23/2008 7:41:11 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:380 Points:148,990 Joined:Oct 2005	Message Posted: 5/23/2008 7:37:34 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 Veteran Author Portland Posts:258 Points:25,915 Joined:Jul 2007	Message Posted: 5/23/2008 7:34:58 AM	Ignore rod1965 Report Abuse
	I'm sorry, but can someone translate this from litres to gallons.
woos777 All-Star Author Washington Posts:998 Points:548,430 Joined:Sep 2006	Message Posted: 5/23/2008 7:30:16 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:483 Points:133,440 Joined:Dec 2007	Message Posted: 5/23/2008 7:30:12 AM	Ignore C5vette2004 Report Abuse
	No because my car doesn't take litres... :))

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