[gabe]

By the way, in reaction to the significant drop in gas prices, a good friend of mine said to me, "You can thank Pollievre" - I think my face started twitching when I read that...

Yep! And high gas prices are Trudeau's fault! You notice the right wingers never blame free market Capitalism for sky high gas prices?

 

[Admiral Beez]

By the way, in reaction to the significant drop in gas prices, a good friend of mine said to me, "You can thank Pollievre"

To be fair, Carney cut the gas tax in order to kick out a leg of Pollievre’s platform. I doubt Carney would have done it had Pollievre not made it such an impactful campaign slogan. So, I think the Con leader deserves some credit here.

 

[Towered]

Tanked up for only 1.19 this evening - Sweet Christmas

 

[afransen]

Tanked up for only 1.19 this evening - Sweet Christmas

All it took was a global trade war.

 

[PinkLucy]

I hope it's not a Tesla! Those cars are garbage. Elon has scammed so many people into buying those ugly unreliable things. Even Tesla dealerships refuse to take them back. LOL There is no resale value on those cars. So many better EVs on the market.

Absolutely not. I despised Elon long before it was cool.

 

[Admiral Beez]

Tanked up for only 1.19 this evening - Sweet Christmas

$1.20 today in Guelph!!!

 

[AlbertC]

Got gas for 115.9 last night at Kennedy & Courtneypark in Sauga. Only to see it at 113 a few blocks north at Kennedy & Derry afterwards lol

 

[Northern Light]

Got gas for 115.9 last night at Kennedy & Courtneypark in Sauga. Only to see it at 113 a few blocks north at Kennedy & Derry afterwards lol

View attachment 643306

This is essentially the same price as 2008. * So its a 17 year price rollback.

Its always arbitrary what year you measure from, with any product, particularly though, a commodity with volatile pricing.

Still, overall inflation since 2008, in Canada is 45%.

So if prices of gas had risen steadily, in line with inflation, you'd expect ~1.62 per L

***

* averages are deceptive, of course, the price in 2008 swung from a low .72c per L to 1.40 per L

 

[Coolibop]

This is essentially the same price as 2008. * So its a 17 year price rollback.

Its always arbitrary what year you measure from, with any product, particularly though, a commodity with volatile pricing.

Still, overall inflation since 2008, in Canada is 45%.

So if prices of gas had risen steadily, in line with inflation, you'd expect ~1.62 per L

***

* averages are deceptive, of course, the price in 2008 swung from a low .72c per L to 1.40 per L

A minor math check... $1.56/L

Let's not forget the temporary gas tax reprieve & portion here. We're currently at 9 cents per litre (since 2022) versus the 14.7 in '08 and years beyond... I wonder if the Ford gov will remove the pause as the fed carbon tax is now removed..

 

[JJTheJetPln]

Back when CoVID hit, there was a Pioneer gas station on Queen Street in Brampton (now an Esso?) that would have gas being sold for 0.79 cents while everyone was hovering around the dollar/dollar ten mark. I doubt we'll see gas prices that low now, but it's crazy how a global trade war can cause some things to skyrocket while others dip.

I haven't filled up yet, but I'm hoping to soon so I can experience the opposite of sticker shock when I see how much my tank costs to fill up.