11 May 2011

Gas prices reach an all-time high in Toronto

Toronto residents driving to work may have swerved a bit when they saw the price for a litre of gas.

According to Torontogasprices.com, the cost for a litre of gas has never been higher in the GTA, as in a 24-hour period, the price jumped 6.5 cents. The gas price tracking website says the average cost per litre in Toronto now stands at $1.39.

Another gas information website, GasBuddy.com, confirms that the Toronto area received a sudden increase in overnight prices, only they say the jump was slightly less significant at 6.3 cents more.

If the cost of gas in Toronto alone wasn’t maddening enough, TomorrowsGasPriceToday.com reports that compared to the rest of the world, Canadians pay 4 cents more per litre than what everyone else pays for domestically produced gasoline.

If gas prices continue rising, people may be heading for their storage units to grab their bicycles. Or, if people don’t have their own bicycle, they may take advantage of the new BIXI Toronto program that was launched earlier this month. BIXI Toronto is a new bike sharing program that allows Torontonians to take advantage of the city’s bike paths for a small monthly or annual fee. 

Be Sociable, Share!
Comment

Related Articles [3]

5 Tips To Help You Downsize To A Smaller Home

December 15th, 2015
Sometimes life events bring with them the need or desire to opt for a smaller living space. Unfortunately – though not always – this entails either getting rid or moving...

Toronto home sales jump in July

August 5th, 2013
The latest report from the Toronto Real Estate Board showed that home sales in the greater Toronto area were up 16 percent in July on a year-over-year comparison, marking...

Home prices on the rise in Toronto

July 25th, 2013
A recent report from Remax Ontario-Atlantic Canada indicated that home prices in a number of Toronto neighborhoods are averaging more than $1 million.According to the report,...

Leave a Comment






Recent Posts

Blog Categories

Archives

Subscribe to RSS Feeds
Essential SSL