Mississauga and Toronto Gasoline Prices

Mississauga Gasoline Price on November 4 2008

2008-11-10T01:19:00.000-08:00

November 4 2008 price of gasoline plummets to less than 85 cents per litre
Never in my wildest dreams did I think that we would ever see gasoline prices this low again after seeing prices this summer in the $1.35 per litre range
Who would have imagined this?
Enjoy while it lasts, could be around for some time given the national and international economic situation
Mark
Sent from my BlackBerry device on the Rogers Wireless Network

October 28th 2008 gasoline price

2008-11-09T20:22:00.000-08:00

85.1 cents/litre
This was the price at the Esso on October 28th 2008

Update on gasoline prices today October 4, 2008

2008-10-04T09:41:00.000-07:00

The price of gasoline this morning at the Esso at Credit Valley Road and Erin Mills Parkway was $1.097 per litre, as of October 4, 2008

For more information please contact A. Mark Argentino

A. Mark Argentino Associate Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1

BUS 905-828-3434
FAX 905-828-2829
E-MAIL mark@mississauga4sale.com
Website: Mississauga4Sale.com

Prices skyrocket

2008-06-05T06:50:00.000-07:00

For the record, the average price of a litre of gasoline in the GTA as of June 4th, 2008 is $1.27 and it's been as high as $1.29 per litre over the last month!

This photo below was taken April 29, 2008

For more information please contact A. Mark Argentino

A. Mark Argentino Associate Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1

BUS 905-828-3434
FAX 905-828-2829
E-MAIL mark@mississauga4sale.com
Website: Mississauga4Sale.com

Gasoline Price fixing in the GTA

2008-01-21T18:18:00.000-08:00

Have you noticed that the price of Gasoline has stayed well above $1.00 per litre even though the price for a barrel of oil is well below the highs of near $100 per barrel, what's up with that?

Do you smell any gasoline price fixing going on the GTA?

Have you also noticed that the price at the pump that is shown across the GTA now is almost constant, within 1/2 cent? Whereas in early 2007 and before the price would vary by as much as 5 to 10 cents per litre across the GTA, what's up with that?

Just my 2¢ worth!

Have a great day,
Mark

For more information please contact A. Mark Argentino

A. Mark Argentino Associate Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1

BUS 905-828-3434
FAX 905-828-2829
E-MAIL mark@mississauga4sale.com
Website: Mississauga4Sale.com

Convert Cents Per Litre of gasoline in Canada to US$ per gallon-Online calculator

2008-01-02T22:05:00.000-08:00

Simple Online Gasoline Calculator - Converts the cost of gasoline from cents per litre to dollars per gallon
Convert cost of Gasoline from Canadian Dollars and Cents and Tenths of a cent per Litre to Canadian Dollars per Canadian Gallon and Canadian Dollars per US Gallon and US Dollars per US Gallon Online gasoline conversion calculator

After a few hours of reading and researching how to write a javascript calculator using different variables and formulas, I have been able to successfully create an online calculator that converts the cost of gasoline in cents per litre to dollars per gallon. This calculator will also convert from CDN $ costs to US $ costs and visa versa! Enjoy.

Please browse to my online gasoline converter

For more information please contact A. Mark Argentino

A. Mark Argentino Associate Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1

BUS 905-828-3434
FAX 905-828-2829
E-MAIL mark@mississauga4sale.com
Website: Mississauga4Sale.com

Toronto Gasoline Prices January 2008

2008-01-02T18:50:00.000-08:00

Toronto Gasoline Prices January 2008

Happy New Year to you!

Just in case you have not travelled over the past week or so, gasoline prices in the GTA are now hovering around $1.04.5 per litre. For those that can't be bothered to do the math, that's about $4.74 per Canadian gallon, almost 5 bucks per gallon! Or, this works out to $3.96/ US gallon. If this were the price in the US people would revolt down there. But not up here in sunny Canada, we just take it. Now that the CDN$ and US$ are about par, the price per gallon is about the same in CDN or US dollars

I heard another disturbing report today about oil prices. The pundits are now telling us that $100 per barrel oil price range is here to stay. This is due to supply and demand and market forces, inflation and just plain and simple, that's the price of a barrel of oil, so you better get used to it.

Can't wait to go and fill up my boat this summer at the dock pump, probably about $1.39 per litre or so. I know, if you can afford the price of a boat then you can afford the fuel. That's another crock. Our boat was only about $10k, the price of a used used car, (yes used used, because a used car these days is about $15k) At any rate, I think I get about 2 km per litre on the boat, not bad considering my Trailblazer gets about 6.1 km per litre and it's on wheels and coasting.

Again, a quick survey shows that prices are nearly identical across the GTA from Ajax to Mississauga and even into St. Catharines and Fort Erie, I know because we travelled on Christmas Day and Boxing Day and the prices were all within 1/2 cent. No price fixing, just market forces. Sure.

Will we ever see 80 cents/litre again, or even 90 cents/litre, not in the foreseeable future.

I wish you all the best of success in 2008!

Mark

Time for another gasoline price rant

2007-11-22T10:15:00.000-08:00

Have you noticed that gasoline prices in the GTA have been very stable and consistently almost the same across the GTA for the past 6 months or so? I've noticed this as I travel all across the city in my real estate endeavours. As well, I travel to the same location in North York and Etobicoke once per month and pass my 'favorite' Esso station along both routes. In years gone by, I would anxiously anticipate filling up my SUV at these stations once per month because their price was ALWAYS 2 or 3 cents cheaper than Erin Mills.

NOT ANY LONGER! The prices at these two stations is now almost exactly equal to the price in Erin Mills, to the 10th of a cent!

This causes me much concern and I cannot figure out why this would be. After many years, about 9 years, prices are no longer cheaper in other parts of the city compared to Erin Mills.

Have you noticed this disturbing trend yourself? What should or can we do about it? Does anyone care?

Enjoy our first winter storm of the season and drive carefully!

Have a nice day!
Mark

For more information please contact A. Mark Argentino

A. Mark Argentino Associate Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1

BUS 905-828-3434
FAX 905-828-2829
E-MAIL mark@mississauga4sale.com
Website: Mississauga4Sale.com

More Gasoline price fluctuations in Mississauga Ontario near Toronto

2006-12-21T20:05:00.000-08:00

This was the price of gasoline in Mississauga in September 23 2006, nice and low! 71.5 cents per lite, a bargain!

This was the price of gasoline at the Esso at the corner of Eglinton and Hurontario on October 15th 2006

This was the price of gasoline on October 2nd 2006, check out all the yo-yo ing of prices again

Crude is just under $60 per barrel on December 21st 2006 and the price at the pumps today was 91.5 cents per litre. Please tell me what the rationale behind these high prices is, except that the oil companies need more record profits. So much for prices at the pumps falling when crude prices drop. 86.5 cents per litre at the corner of Winston Churchill and Artesian Drive.

For more information please contact A. Mark Argentino

A. Mark Argentino Associate Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1

BUS 905-828-3434
FAX 905-828-2829
E-MAIL mark@mississauga4sale.com
Website: Mississauga4Sale.com

Mississauga Real Estate Blog by Mark Argentino: "The Truth" about Flat-Fee Commissions in the GTA and Mississauga

2006-11-21T18:35:00.000-08:00

Mississauga Real Estate Blog by Mark Argentino: "The Truth" about Flat-Fee Commissions in the GTA and Mississauga

Gasoline prices update near the end of September 2006

2006-09-27T09:50:00.000-07:00

Gasoline prices update near the end of September 2006.

Things are too quiet. This is what I think. Not much in the local Toronto press about hurricanes, oil prices, wars "in other lands", terrorism or much to do about anything relating to gasoline prices these days. Too quiet in my opinion.

Is this the calm before the storm?

Gold prices are down, but still up for the year, silver is hovering at $12 per ounce or so, milk is still $3.69 per bag of 3 litres, so the price of gas is still cheaper than milk.

Are we attempting to re-adjust to the 'new level' of gasoline prices? In August or previously this year, if the price at the pump was below 90 cents per litre there would have been a stampede to the pumps and line-ups on the streets. These days, with our gasoline prices hovering in the 77 to 82 cent per litre range, people are hardly taking notice. Note that the yo-yoing is still going on, but people for the most part are extremely happy with the current gasoline prices in our area.

Not many are talking about the low prices, I think everyone is just hoping that if they don't say anything, the prices will stay low for a while, at least until the holidays are over.

Here is my latest photo at the pumps:

This was taken on September 23, 2006 at the Shell gas station at Eglinton and Kennedy.

I think that this lull will be short-lived and prices will skyrocket once we (the West) have reason (?) to raise prices again. Certainly, a night or two of CNN hype over something will cause our prices to escalate again. I hope I am wrong.

Stay tuned.

For more information please contact A. Mark Argentino

A. Mark Argentino Associate Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1

BUS 905-828-3434
FAX 905-828-2829
E-MAIL mark@mississauga4sale.com
Website: Mississauga4Sale.com

TD Bank article on $55 per barrel crude price prediction

2006-09-13T13:54:00.000-07:00

This is the TD article that appeared in the Star, for those that want to read the entire article.

TD predicts commodity price retreat
Sep. 13, 2006. 04:02 PM
CANADIAN PRESS

The price of oil will ebb to $55 (U.S.) per barrel by year-end and nickel is in for a tumble, economists at Toronto-Dominion Bank (TSX: TD) predicted Wednesday.

And overall commodity prices are likely to pull back nine per cent by the middle of 2007, "weighed down by a correction of almost 25 per cent in base metal prices and a further 25 per cent adjustment to crude oil prices," Derek Burleton and Natasha Apollonova said in a commentary.

"Some upside or relatively modest downside to natural gas, forestry, precious metals and agricultural prices should help to cushion the blow."

TD's commodity price index in U.S. dollars rose 2.5 per cent in August, but "the summer's rally has faded," they wrote.

In the oil market, with an easing of supply worries and an expected slowing of U.S. economic growth to a sluggish annual pace of two to 2.5 per cent, "look for the recent downtrend in the price of crude to continue."

TD's $55-a-barrel (U.S.) year-end target compares with a mid-July peak of $78.40 and Wednesday's price in the $64 range.

In base metals, the price of nickel has nearly doubled this year, up about 35 per cent since June while aluminum, copper and zinc all remain below their levels in May, the TD report notes.

"Despite the fact that the nickel market is expected to remain in a deficit position later this year, we believe that emerging signs of a slowing U.S. and global economy will help to relieve some of the existing supply concerns, pushing the price down by almost 20 per cent during the fourth quarter of 2006 alone," it says.

"Look for a further reduction in prices to a more sustainable level in the first half of 2007."

Later next year, overall commodity prices are projected to rebound by 10 per cent, "supported by a bounce-back in the U.S. economy."

For more information please contact A. Mark Argentino

A. Mark Argentino Associate Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1

BUS 905-828-3434
FAX 905-828-2829
E-MAIL mark@mississauga4sale.com
Website: Mississauga4Sale.com

More Gasoline and Crude Oil Price Announcements and Predictions

2006-09-13T13:24:00.000-07:00

The TD Bank, yes, the TD Bank announced today that they predict crude oil prices will be as low as $55 per barrel this fall. That is astounding! If this is the case and the same logic is applied to raising the gasoline prices when crude oil prices rise, then our gasoline prices should be in the mid to low 60 cent per litre range by the end of this year. Natural Gas prices should fall too. Of course, I just renewed with RiteRate for 5 years at 38.5 cents per cubic meter!

This graph shows the close correlation between crude prices and gasoline prices.

The graph below is the same comparison as the graph above, except it shows the trends over the last 18 months.

Only time will tell if the gasoline prices fall when the crude price falls, just as it does when it rises.

For more information please contact A. Mark Argentino

A. Mark Argentino Associate Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1

BUS 905-828-3434
FAX 905-828-2829
E-MAIL mark@mississauga4sale.com
Website: Mississauga4Sale.com

August and Early September of 2006 - The Highs and Lows in gasoline prices

2006-09-12T19:12:00.000-07:00

So here we go again with the yo-yo gasoline prices. I guess I should not complain, at least they are lower than they have been for some time.

One of the reasons that I began this gasoline Blog is so that I have a record of gasoline prices that is available to look at years and even decades from now. I want my children to see how cheap gasoline was at 80 and 90 cents per litre when your dad was a young 47 years old in 2006!

Today's entry will show some prices around Mississauga over the past month or so. Crude prices have dropped dramatically, the war between Israel and the Palestinians in Gaza has calmed down significantly, we've had zero Atlantic hurricanes so far that have been of any significance and certainly none that have threatened the supply of crude or gasoline in the Gulf of Mexico or surrounding areas, the US economy is wavering, our economy is softening somewhat, certainly real estate prices seem to have plateaued and in general there is much calm locally, nationally and internationally. My opinions of course.

I don't have a photo to show you, I guess I could photocopy my bill, but we took a vacation in early August to relax and do some boating in the Lindsay area and I was totally disgusted at the gasoline prices on the 401 along the way. Prices were $109.9 at almost every station. Here's the clincher. We were boating just north of Lindsay on Sturgeon Lake and Pigeon Lake in the Bobcaygen area. We went through the lock at Bobcaygen, see us in this photo,

and ended up boating for about 35 kilometers along the Trent Severn Waterway and on the way back I figured that better safe than sorry, so I pulled into the famous Gordon Marine on the east (lower) side of the Bobcaygen lock for gas. There was a 37 foot Sea Ray gulping in some much needed gasoline. I took at look at the pump and needless to say, I've never seen gasoline prices that high. (As an aside, last summer we were boating at Pointe-Au-Baril and highway gasoline prices were about $1.00 to $1.05 per liter and at the dock at Desmandens marina I needed gas and paid $1.14.9 per liter, this was the highest I had seen during 2005). The gasoline price at Gordon Marina was $1.29 per litre. Needless to say I only put in $50, enough to ensure a safe 17km trip home. I asked the attendant what the Sea Ray put in and his quick comment was, "$200 - just enough to get him home" If gasoline were $1.20 per litre in the USA, they would storm the capital in Washington and Lynch the president!

At any rate, here is my next observation and photo of gasoline prices.

On August 24th I was absolutely ecstatic to see gasoline prices below a dollar let alone under 90 cents per litre.

By the next week when we were back in the city, August 28, 2006, prices had risen again to 91.5 cents per litre at the Esso at the corner of Erin Mills Parkway and Credit Valley Road.

The next day prices had fallen by 8 cents per litre - overnight! I was furious at the yo-yo ing but happy at the absolute value.

The following day, prices were down even further to 79.9, this was on August 30, 2006

Over the next week I had seen prices at the pump as low as 76.9 cents per liter. I'd heard that at some stations the price hit 74.9 cents per litre. By the following week on September 6th, prices were somewhat levelling out at about 78.5 cents per litre.

Today, I saw an outrageous price at a Sunoco on Mississauga Road just south of Streetsville.

If you look carefully you will see that there is a ladder under the sign and maintenance workers are testing the sign as this station is about to re-open after some serious renovations! The most significant item in the photo above is the fact that the first number is a 4, is Sunoco preparing for future prices in the $4 per litre range... that is a very scarey thought.

The bottom line is that we are currently experiencing some exceptionally low gasoline prices in Mississauga and surrounding areas and I don't think that these prices will be around for too much longer. We've had this lull of global in-activity and almost surely there will be another Atlantic hurricane to come along that will cause some hype and increased pressure on gasoline prices. Only time will tell. These prices may be the last of the under 80 cents per liter and now we can share these stories with our grandchildren.

This photo was an interesting diversion in Lindsay, not only is the car 'half size' but so is the house number! This is probably our future, half the size of our present day automobiles, half the house size and half the energy consumption to offset our higher energy costs all around.

All the best,
Mark

For more information please contact A. Mark Argentino

A. Mark Argentino Associate Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1

BUS 905-828-3434
FAX 905-828-2829
E-MAIL mark@mississauga4sale.com
Website: Mississauga4Sale.com

More Gas Price Rants

2006-08-16T21:02:00.000-07:00

These are some pictures I have taken showing the yo-yo of gasoline prices over the past 6 months or so

November 3rd of 2005

November 16, 2005 at $102.9 I recall being so disgusted at the price being over $1.00 per litre.

This was taken May 10 2006, shows you how the prices were down at that time.

This is a motel in Niagara Falls... Reminiscing of the good old days when gas was 39 cents per gallon

During late July and early August of 2006 the price of crude oil was pushed up over $75 per barrel, due to the middle east crisis and other uncertainties in the market and the price of gasoline was regularly seen at $1.05 to $1.09.9 per litre.

We were boating up at Bobcaygen during the week of August 7th and we had to top up the boat at a Marina on the water, Gordon Marine, one of the more famous marinas on the Trent and the price per litre was $1.29.9 ... needless to say, I only put in $50 worth!

Today, August 17th the price of gasoline at the pumps is an exceptionally low price of $92.5 cents per litre.

I will update you as I gather more information.

I have not seen gasoline prices this low in years!

2005-11-22T19:06:00.000-08:00

On November 21st after leaving the Hershey Centre after my son's hockey game we filled up at the Esso at the corner of Hurontario and Eglinton (of all places, this station usually has high prices) at 78,9 cents per litre.

I almost had a coronary when I say the price. When we left for the game a few hours earlier, the price at the Esso at Credit Valley and Erin Mills Parkway was 85.9 After seeing the low price at Esso at Hurontario, I figured the price at Erin Mills would have dropped. Nope, still 85.9 I guess Esso figures people in the west end of Mississauga can afford higher prices or don't shop around. I ended up saving about $4.00 the same price of admission for one person to my son's hockey game. Not sure which is more of a gouge on the price, but the gasoline price made me grin.

See you soon,
Mark

P.S. It sure is handy to have my TREO 650 with camera at the ready for this pictures!

Mississauga Real Estate Blog by Mark Argentino: Just Listed at 4258 Torino Crescent in East Mississauga

2005-11-10T19:33:00.000-08:00

Mississauga Real Estate Blog by Mark Argentino: Just Listed at 4258 Torino Crescent in East Mississauga

Mississauga Gasoline prices

2005-11-07T17:36:00.000-08:00

Here are more pictures showing gasoline prices are going up and down again.
We should not complain, on November 9th I filled up at 83.9 cents per litre!
After Katrina I never thought we would see prices below 90 cents per litre again.
Thank you,
Mark Argentino

Mississauga Gasoline prices below 90 cents per litre

2005-10-27T17:55:00.000-07:00

This too was orginally posted in October of 2005 at my real estate blog.
I guess it was only a matter of time, but the gasoline prices in Mississauga are yo-yo 'ing again, but at least they seem to be heading down as opposed to up!
On October the 8th, prices were in the mid 90's and we all thought we had hit the jackpot.

The photos below show prices under 90 cents per litre, actually saw a price at 88.8 cents per litre.

Two nights ago I was coming home from two late appointments and saw the price on October 25th at the Petro Canada at the corner of Cawthra and Rathburn at 80.4 cents per litre. Yes, you are reading that correct, 80.4 Today, I drove past the same station and the price was back up to 89.9 cents per litre.

All the best,
Mark

Mississauga gasoline prices over the past few years with pictures

2005-10-15T17:45:00.000-07:00

Mark Argentino Mississauga Real Estate Blog

Mississauga gasoline prices over the past few years

This page was originally posted to my real estate blog in October of 2005. Since then, I have created a new directory just for Gasoline prices and rants.

This page is for fun and interest. You may click any of the photos below for a full size and more detailed picture.

I know that you likely have gone through the same emotional swings as you have watched the gasoline prices "yo-yo" for the past years and escalate to incredible peaks in the recent past. I have started to keep an eye on prices as they reach these unprecedented levels and will report them below.

As well, you will find a glimpse of prices around the world on this page and graphs showing how much more we are paying for gasoline compared to the average US price.

Enjoy. If you want to add your own comments or pictures, I encourage you to do so in my guestbook.

I took this picture the first time that I had ever seen gasoline over 70 cents per litre at the corner of Erin Mills Parkway and Credit Valley Road, the date was October 27, 2003 the price that day was 71.1 cents per litre. I still recall how astonished I was that the price had gone over 69.9

As an aside, I fill up at Esso about 95% or more of the time. The reason for this is multifold.

Back when Esso originally introduced the speedpass (I think it was 1999) I thought that the convenience of pointing an object connected to my key ring was much better than going into the store to pay with a credit card.

As well, the speedpass was connected to my Visa and I would get Esso points and Visa points at the same time. Since I am on the road very often, as you know I am a real estate agent, I put about $2500 to $3000 of gasoline in my vehicle per year and I thought that the points would add up over the years.

Another reason for using Esso is that there is an Esso located at the corner of Credit Valley Road and Erin Mills Parkway, about .4 km from my house. Again, very convenient.

Another reason for me going to Esso (in general) is that they have Royal Bank banking machines and I bank with the Royal, so cash withdrawals were convenient. For anyone who lives north of Dundas or south of Britannia in the Erin Mills Area knows, there are zero branches of the Royal Bank (BTW-as an other aside, RBC is installing a branch near the corner of Eglinton and Plantation Woods - yeah!) in this entire area, so Esso is the most convenient location to obtain cash. This is called cross marketing by Esso and it brings in many customers who would otherwise go to competitor gas stations were it not for the Royal Bank banking machines.

Probably, one of the most important reasons that I go out of my way to use Esso is the fact that they have Tim Horton's coffee. Many would agree with this fact and this is likely the number one reason why a large percentage of customers fill up with gasoline at Esso, Tim Horton's and convenience. Again, brilliant cross marketing on the part of Esso.

So there you have my 5¢ worth! What are your preferences and reasons for using one gasoline station over another, price, convenience or other? I would love to hear your opinions on this subject too, I encourage you to do so in my guestbook.

Less than 2 years later and for the first time I saw gas at the corner of Erin Mills Parkway and Credit Valley Road over $1 per litre was on August 13, 2005 with the price posted at 101.9 cents per litre. Poor Esso across the street had to blank out their large sign and their price was posted on the small A frame board at the side of the road. I was amazed to see this high price and absolutely outraged at the same time.

_________________________________________________________

Hurricane Katrina made landfall in late August of 2005 and caused gas prices to escalate and in late September then Hurricane Rita made landfall on September 24th of 2005 and prices began to rise up to the stratosphere! This sign is from a gas station in Quebec.

Days during Rita making landfall it was reported on ontariogasprices.com that the price fro a litre of gasoline was$1.76 per litre at Port Colborne Shell Gas station. People in my office and my wife's office were reporting that gasoline on the morning of September 23rd was $2 per litre in Barrie and by the afternoon of Friday the 23rd of September prices were heard to be as high as $2.50 per litre at some stations.

This is from August in the USA. Too bad the people from the US don't realize what a great deal they are getting, at USD$2.33 per US gallon, and if 1 gallon [US, liquid] = 3.7854118 liters and the dollar conversion is 1.00 US dollars = 1.17 Canadian dollars that works out to about

The price of USD$2.33 per US gallon is about CAD$2.73 per US gallon and divided by 3.7854118 liters per US gallon equals CAD$0.72 per litre, that's worth repeating, 72 cents per litre, what is so 'unreasonable' about that price

This is from a sign in Germany, price is Euro per litre, at a conversion of 1.00 Euros = 1.40 Canadian dollars this would be about CAD$135 per litre for regular, about CAD$1.79 for super

Now this is about where I would like to see our gasoline prices!

On Friday October 6th, 2005 the prices around Mississauga were all below $1 per litre again, in the high 90's. We all felt as if we were getting the deal of the decade

Toronto Gas Prices

This chart shows the average Toronto gas prices compared to the average gas prices in the USA for the 3 months surrounding the hype and hysteria of the late summer and early fall of 2005

Gas prices over the past 3 years

This picture shows the price on October 8th, 2005. It shows the price at the corner of Credit Valley Road and Erin Mills Parkway Esso at 95.5 cents per litre.

I have not logged the actual prices on Friday's or weekends compared to during the week, but my feeling is that gas stations often will raise the price on a Friday and keep prices high until at least Sunday morning. This is even more true for a long weekend, the price of gasoline usually is raised and stays high for any long weekend that I remember over the past few years. I cannot recall a long weekend where prices dropped, until the weekend of Thanksgiving in 2005.

It's incredible and just goes to prove that just when you think you have the yo-yoing of gasoline prices figured out, "they" go ahead and throw us another curve ball.

To be continued with more current information in the future

Your comments, questions and suggestions are always welcome!

So there you have my 5¢ worth! What are your preferences and reasons for using one gasoline station over another, price, convenience or other? I would love to hear your opinions on this subject too, I encourage you to do so in my guestbook.