Gas prices expected to be relatively low this summer, experts say

Business | 206717 hits | Apr 19 2:04 pm | Posted by: Hyack

CALGARY - Gassing up your vehicle is expected to be relatively cheap this summer - one of the few silver linings to the recent economic misery.

Comments

by SigPig
Sun Apr 19, 2009 9:17 pm
But as soon as worldwide economic recovery kicks in, there is a risk of a big crude price spike as production lags the ramp up in demand.

You mean OPEC is going to sit there while it keeps production low to see a spike in price? No way!
by bootlegga
Sun Apr 19, 2009 9:22 pm
$1.05 is low?
by stokes
Sun Apr 19, 2009 9:26 pm
"bootlegga" said
$1.05 is low?

I thought 0.999 was high....ouch sorry
by martin14
Sun Apr 19, 2009 9:35 pm
guess this 'expert' missed the other 'expert' talking about the Iran-Israel war.

have to see who is the better 'expert'.
by poquas
Sun Apr 19, 2009 9:40 pm
We've started going out in the valley to the Abbotsford Costco to get some relief. 85.9 last week. It was another 11 cents here in Surrey.

The gas companies are doing their utmost to keep the prices high lately. It doesn’t seem to matter what happens to the price per barrel anymore.
by Anonymous
Sun Apr 19, 2009 10:13 pm
"We will come out of this recession. It's just a matter of when... And then you'll see crude prices like you've never seen before in your life."

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