Mississauga gasoline prices are hovering in the 95 to 97 cent per litre price range

Have you noticed that gasoline prices are hovering around the 95 to 97 cent per litre price point for the last month or so, nice to see! Let's hope that this continues.

For more information please contact A. Mark Argentino

A. Mark Argentino Associate Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1

BUS 905-828-3434
FAX 905-828-2829
E-MAIL mark@mississauga4sale.com
Website: Mississauga4Sale.com

Prices skyrocket

For the record, the average price of a litre of gasoline in the GTA as of June 4th, 2008 is $1.27 and it's been as high as $1.29 per litre over the last month!

This photo below was taken April 29, 2008

For more information please contact A. Mark Argentino

A. Mark Argentino Associate Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1

BUS 905-828-3434
FAX 905-828-2829
E-MAIL mark@mississauga4sale.com
Website: Mississauga4Sale.com

Gasoline Price fixing in the GTA

Have you noticed that the price of Gasoline has stayed well above $1.00 per litre even though the price for a barrel of oil is well below the highs of near $100 per barrel, what's up with that?

Do you smell any gasoline price fixing going on the GTA?

Have you also noticed that the price at the pump that is shown across the GTA now is almost constant, within 1/2 cent? Whereas in early 2007 and before the price would vary by as much as 5 to 10 cents per litre across the GTA, what's up with that?

Just my 2¢ worth!

Have a great day,
Mark


For more information please contact A. Mark Argentino

A. Mark Argentino Associate Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1

BUS 905-828-3434
FAX 905-828-2829
E-MAIL mark@mississauga4sale.com
Website: Mississauga4Sale.com

Toronto Gasoline Prices January 2008

Toronto Gasoline Prices January 2008

Happy New Year to you!

Just in case you have not travelled over the past week or so, gasoline prices in the GTA are now hovering around $1.04.5 per litre. For those that can't be bothered to do the math, that's about $4.74 per Canadian gallon, almost 5 bucks per gallon! Or, this works out to $3.96/ US gallon. If this were the price in the US people would revolt down there. But not up here in sunny Canada, we just take it. Now that the CDN$ and US$ are about par, the price per gallon is about the same in CDN or US dollars

I heard another disturbing report today about oil prices. The pundits are now telling us that $100 per barrel oil price range is here to stay. This is due to supply and demand and market forces, inflation and just plain and simple, that's the price of a barrel of oil, so you better get used to it.

Can't wait to go and fill up my boat this summer at the dock pump, probably about $1.39 per litre or so. I know, if you can afford the price of a boat then you can afford the fuel. That's another crock. Our boat was only about $10k, the price of a used used car, (yes used used, because a used car these days is about $15k) At any rate, I think I get about 2 km per litre on the boat, not bad considering my Trailblazer gets about 6.1 km per litre and it's on wheels and coasting.

Again, a quick survey shows that prices are nearly identical across the GTA from Ajax to Mississauga and even into St. Catharines and Fort Erie, I know because we travelled on Christmas Day and Boxing Day and the prices were all within 1/2 cent. No price fixing, just market forces. Sure.

Will we ever see 80 cents/litre again, or even 90 cents/litre, not in the foreseeable future.

I wish you all the best of success in 2008!

Mark

For more information please contact A. Mark Argentino

A. Mark Argentino Associate Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1

BUS 905-828-3434
FAX 905-828-2829
E-MAIL mark@mississauga4sale.com
Website: Mississauga4Sale.com

Time for another gasoline price rant

Have you noticed that gasoline prices in the GTA have been very stable and consistently almost the same across the GTA for the past 6 months or so? I've noticed this as I travel all across the city in my real estate endeavours. As well, I travel to the same location in North York and Etobicoke once per month and pass my 'favorite' Esso station along both routes. In years gone by, I would anxiously anticipate filling up my SUV at these stations once per month because their price was ALWAYS 2 or 3 cents cheaper than Erin Mills.

NOT ANY LONGER! The prices at these two stations is now almost exactly equal to the price in Erin Mills, to the 10th of a cent!

This causes me much concern and I cannot figure out why this would be. After many years, about 9 years, prices are no longer cheaper in other parts of the city compared to Erin Mills.

Have you noticed this disturbing trend yourself? What should or can we do about it? Does anyone care?

Enjoy our first winter storm of the season and drive carefully!

Have a nice day!
Mark


For more information please contact A. Mark Argentino

A. Mark Argentino Associate Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1

BUS 905-828-3434
FAX 905-828-2829
E-MAIL mark@mississauga4sale.com
Website: Mississauga4Sale.com