Kwitcher whinin'

I still hear people complaining about the price of gasoline.

How soon we forget.

Exactly a year ago, it was hovering just under a buck-forty a litre.

Today, it's just over 90 cents a litre.

Cheap - and at almost half the price.

OK, closer to two-thirds.

Enjoy it while you can. It is still too cheap for our long-term good.

And in what most experts believe is the not-at-all-distant future, it's going to return to a buck-fifty, and probably beyond.

Some feel that more expensive petroleum will not only make us crankier, but possibly change the entire world economy in unexpected ways.

If fuel costs two or three times what it does now, what does that do to globalization? Maybe the lower labour costs in off-shore countries will not make up for the increase in the cost of shipping their products to our shores.

It could be a boost to our local economy.

When will gasoline get expensive again?

Who knows?

Next year?

We'll see.

But I hope you come back to this blog long before then!

Comments

[Greg H]

What irks me about fuel prices is that I've heard the statement a number of times that "the Government ought to regulate prices to 50 cents a litre!". Well, as a Vancouverite, I think the Government ought to mandate more days of sunshine for us while they have their pen going. It has about an equal chance of succeeding.

Sadly, during last summer's $1.50 gas out here, behaviours were finally starting to change. I think it was the $100 fill up that really made people take notice. At a dollar a litre, the old habits have taken hold again...