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
Man charged in attack on couple back in court Jan. 22OSHAWA -- The case of a man accused of assaulting two women outside an Oshawa elementary school is due back in court later this month. A judicial pretrial session is set Jan...
Hells Angels trial winding downOSHAWA -- Jurors are expected to begin deliberations next week in the case of two Hells Angels accused of conspiring to murder an underworld rival. The trial of Remond Akleh...
Dances to aid Ajax legion, charitiesAJAX -- Canadian troops serving overseas and the Ajax Legion will benefit from an upcoming dance. The Over 30 Dance and Social Club is hosting the event on Friday, Jan. 23...
Carjackings linked, cops sayPICKERING -- Police are exploring the possibility that two recent carjackings were carried out by the same suspects. Durham cops are seeking the public's assistance as they...
Ajax snowplow, car tangleAJAX -- There was minor damage when a car and a Town snowplow bumped against each other Wednesday morning. The incident happened at about 7 a.m. when the plow turned south...
Gun pointed at woman's head in robberyAJAX -- Two teenaged suspects are being sought by police investigating a street level robbery in Ajax in which a woman had a gun held to her head. The 26-year-old victim told...
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 the...
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...