Ottawa Gas Prices, Traffic and Transportation Blog

Ottawa Gas Prices, Traffic and Transportation Blog. News, Articles, Analysis, Statistics, Observations, Forecasts, Opinions, Comments and Data on the Gas Prices, Traffic and Transportation in Ottawa (Ontario, Canada).

Friday, June 09, 2006

Canadians Expect to Pay More for Gas This Summer

Drivers in Canada expect to pay more when they fill up at the gas pump this summer.

Almost 80 % of Canadians expect gasoline prices to rise by 10 to 20 cents per litre or more over the summer months. The price for a litre of regular gasoline averaged $1.08 across Canada.

37 % of Canadians said they've increased their consumption of the fuel over the past three years despite a more than 40 % rise in gasoline prices since 2004.

However, Canadians are beginning to contemplate changing their ways by considering the purchase of a more fuel-efficient vehicle (55 % ) or reducing their amount of driving (57 % ).

There is a way to go before gasoline hits the kind of price point that will cause consumers to fundamentally change their driving habits.

In Canada, that's probably somewhere around the $1.60 per litre level.

Canada supplies all its domestic needs for gasoline. In the survey, however, only 15 % of respondents believed that 70 % or more of gasoline was supplied domestically.

Meanwhile, consumption of gasoline for all types of motor vehicles slipped in 2005 for only the second time in a decade.

In 2005, Canadian drivers consumed an estimated 39.8 billion litres of gasoline, a 1.4 per cent decline from the 40.3 billion litres in 2004.

Consumption declined in all provinces expect for Prince Edward Island and Alberta.

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