Thursday, September 23, 2004

Gas Price is Soring

Today's gas price is 82.9 cents for a litre, I saw that when we were passing a Shell gas station in 36 St. SE. The price is going up and higher and it's because of high price of crude oil. OPEC's basket price for today is US $ 41.75. It's good for people who use public transportation or have car-pool but not good for people who drive to work and back home. It's also good opportunity for countries like Iran to pay off their debts or save money but I don't think they do so. They simply don't care about the next generations and they don't care that oil is not an unlimited resource. They dig it up, sell it and waste the money, mostly. The above chart shows the gas price changes in the last 12 months in Calgary. Note that Alberta has the lowest price among the Canadian provinces
(Photo: The chart shows the 12 month of average gasoline price, starting Oct.09 until Sep.22)

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