Liberal gas watcher says pump prices may continue to decline
Oct 07, 2008 - 03:54 PM
DURHAM -- Gas prices have dropped this week and there might be more good news coming to the pumps.
Newsdurhamregion.com will be ending the online price pump watch now that summer road trips are becoming a distant memory. But Dan McTeague, Liberal candidate for Pickering-Scarborugh East, said consumers may be able to get a little relief for their wallets when they fill up.
Prices have been "artificially high" over the past few months due to "unbridled speculation," Mr. McTeague said.
High gas prices are always a possibility when you have a "solid monopoly" like the market in the Greater Toronto Area but there is no doubt there will be downward pressure on prices, he said.
The difference between paying $1.095 or $1.349 a litre is about $12 for a full tank of gas in Ian Giffin's Ford Escape. To avoid pain at the pumps Mr. Giffin has tried tactics like driving to the cheapest station in Uxbridge, where he lives, he said.
"But nothing works to relieve this gasoline-induced migraine," Mr. Giffin said.
Mr. Giffin's story of expensive fill-ups was a familiar one over the summer when prices spiked and reached highs of more than $1.30 per litre.
Since May 15, newsdurhamregion.com has been tracking prices with the help of readers who update gas costs online. Prices are the lowest they have been in the past four and a half months right now, with the price per litre as low as $1.039.
Recommend :
Latest News
Residents oppose north Ajax highriseAJAX -- A developer's plan for a 15-storey condominium was received with less-than open arms during an information session on Tuesday. Dunbury Developments is proposing...
Company hired to help restore St. FrancisAJAX -- A company has been hired to do interior restoration work on the former St. Francis de Sales Church. Rutherford Contracting will be paid almost $104,000 to do the first...
More snow, freezing rain on the wayOSHAWA - Residents should keep shovels handy and snow-blowers tuned up as this latest blast of wintery weather is expected to continue throughout today into the early evening...
Woman forced into van, sexually assaultedOSHAWA -- A woman was sexually assaulted by a man who forced her into his van last Friday in Oshawa. Durham police are seeking assistance in identifying the man, who...
Man reports being shot in AjaxAJAX -- A Scarborough man said he was shot in the hand in Ajax on Monday. Police were called to the Rouge Valley Ajax and Pickering Hospital at roughly 3 p.m. on Monday after...
GM still No. 1 despite sales decreaseDURHAM -- Despite a sinking U.S. auto market, the Canadian market managed to stay fairly steady in 2008, says a leading auto analyst. "For the full year, Canada performed...
Avery Louise helps mom and dad ring in the new yearOSHAWA -- When Dave and Michelle Cylwa arrived at Lakeridge Health Oshawa at 4 a.m. New Year's Day, they figured they'd be in for a long day -- one that would preclude their...
Four nabbed for warehouse break-inWHITBY -- Four people have been charged after police interrupted a break-in at a Whitby warehouse early Sunday. Durham officers responding to a 2 a.m. alarm call at a South...
Holiday RIDE charges up againDURHAM -- The number of people busted for drunk driving by Durham police during the annual Festive RIDE campaign continues to rise, with more than 150 charged this year. That...
Whitby boy outfits Canadian soldiersWHITBY -- Eamon Stocks may only be seven years old but he carries a heavy load on his back -- the weight of three hockey bags to be exact. The Grade 2 student at John Dryden...