First, today the price in Toronto is 78.9 cents a litre. We're told (by the
"friendly" feds that controls the tax) that we can expect $1 a litre or
more by summer. Now, let's do the Canadian math for gas U.S. comparison.
1. A gallon is 4.4 litres. Thus $3.4716 an imperial gallon.
2. Imperial gallon is approximately 10% larger than a U.S. gallon
3. Thus to compare to U.S., cost per gallon in CDN dollars is $3.1244
4. Now convert the Canadian dollar to U.S. (using yesterdays rate) and you
have....$2.10 U.S. a U.S. gallon. So I guess now you know where the U.S.
gas price is probably headed. But remember, it's $4.25 U.S. in England, and
just over $5.00 U.S. in most of Europe. I filled up (the car) in Niagara
Falls, NY the other day at $1.56 U.S.
Chuck C.
Toronto
"friendly" feds that controls the tax) that we can expect $1 a litre or
more by summer. Now, let's do the Canadian math for gas U.S. comparison.
1. A gallon is 4.4 litres. Thus $3.4716 an imperial gallon.
2. Imperial gallon is approximately 10% larger than a U.S. gallon
3. Thus to compare to U.S., cost per gallon in CDN dollars is $3.1244
4. Now convert the Canadian dollar to U.S. (using yesterdays rate) and you
have....$2.10 U.S. a U.S. gallon. So I guess now you know where the U.S.
gas price is probably headed. But remember, it's $4.25 U.S. in England, and
just over $5.00 U.S. in most of Europe. I filled up (the car) in Niagara
Falls, NY the other day at $1.56 U.S.
Chuck C.
Toronto