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Page added on May 18, 2007

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Lingering gas pains

A new study released the other day seems to confirm what Niagara drivers already know: they’re getting gouged at the gas pumps.


The Canadian Centre for Policy Alternatives (CCPA) said it examined gasoline prices before and after Hurricane Katrina in the fall of 2005, and found that the rules of the game for pricing gas at the pumps had changed overnight.


The CCPA says we’re paying in excess of 15 cents a litre more for gasoline than justified by costs and historic petroleum industry profit margins.


Remember when Katrina hit, and gas that was hovering around 60 cents a litre soared well past the dollar mark? Katrina showed big oil that, contrary to what they believed, the psychological barrier of $1 a litre for gas wasn’t enough to convince folks to seriously begin conserving their fuel consumption.

Niagara This Week



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