Tuesday, May 22, 2007

Another Week, Another Gas Price Increase.

As I write this Saskatoon gas stations are busy raising their pump prices. Gasoline is now 125.9 cents a litre, a five cent increase and an all time high for this city. Those of you in places like Europe where the price is equivalent to about 5 bucks Canadian a litre may not have much sympathy, especially since your prices may be going up, but it's rather disturbing for us. They're blaming US gas inventory concerns, unrest in Nigeria, a shutdown at a British Petroleum facility in Alaska, and the latest hurricane forecast. All these reasons ring a bit hollow for many given that (presumably) no gasoline sold in Saskatchewan comes from sources in any way effected by these problems. Unfortunately they know that too many people can't not drive, and that many people won't be willing to stop or reduce driving, and so they can get away with this kind of thing.

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