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Info/Contact for David Akin
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Who pays for this blog? I receive no fees, considerations, etc. etc. for the posts on this blog nor do I have any plans to accept any. My salary is paid by Canwest Global Communications Corp. I work for that company as the Ottawa-based National Affairs Correspondent for Canwest News Service. The blog publishing platform used here is called Blogware and it's developed by Tucows Inc. of Toronto, Ontario, Canada. My use of Blogware should not be taken as an endorsement of that company. Like all Blogware users, I do not pay any fees for the use of this service. I participate in program. Google pays me some money and, for that, I give Google some space on this site to display ads. Google sells those ads and Google, not me, decides what advertising content you are seeing. I do not filter these ads and take no responsibility for them. Readers should not assume I endorse any of the products or services advertised here. If you think other disclosures are appropriate in this space, I'd like to hear from you. All of my contact details are always at www.davidakin.com You can read more about this section |
Gas prices; record highs in the U.S., bouncy in Canada
I asked gas station owners, petroleum industry associations, economists, analysts, and as many consumers as I could find but no one could provide with a satisfactory answer about why gas prices in my market --- the Toronto area -- or in Montreal, Halifax, Winnipeg, and other major Canadian cities are bouncing around with such big swings. Gas in Toronto was 70.9 cents a litre Monday at lunch. Tuesday at lunch it was at 80 cents. In Winnipeg, one consumer said she bought gas Monday for 64 cents a litre and on Tuesday it had popped to 78 cents a litre.
Meanwhile, the in the U.S., gas prices are hitting record-highs -- the average tracked by the American Automobile Association came in at over $1.73 a gallon yesterday -- and some commentators are warning it could go to $3 (U.S.) a gallon.
All of this prompted a piece I did last night for CTV's national newscast. You'll have click on the "Related Video" link on the right of the story at that site to watch the piece.
Comments
Re: Gas prices; record highs in the U.S., bouncy in Canada
by
Anonymous
on Wed 24 Mar 2004 04:14 PM EST | Permanent Link
David, this is nothing new other than the fluctuatoins in March have been higher than recent months. But these fluctuations have been going on for as long as this site has been charting stuff. I would think it has nothing to do with supply and demand but rather the oil/gas companies just playing around with the price to make the largest buck they can. We already know that gas prices shoot way up before long weekends and they've probably figured out when to bounce things around all year round as well.
The real question is why are we paying more than the US for oil/gas?? See this chart and expand it out to more months or years and you'll see how long this has been going on. |
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