I got the shock of the week when I went to fill up at the local gas station today. I guess I do not have to tell you how much gas has risen, although it is still far from the record set back a couple of years ago, but this price hike has hit me pretty hard. We, after all, are in a economic depression unlike those roaring days back in 2007. (Notice how carefully I choose my words here).
The last time filled up, gas was at 128.9 per litre in Langley. This time I drove outside the Metro Vancouver area, since I live close to the border because gas is usually between $0.06 to $0.08 cheaper. Being that I fill both on-board and outboard tanks, the difference in price does make it worth my while to drive the extra 15 minutes to fill up.
The primary reason for the extra drive to fill-up outside the Metro Vancouver boundary is the cheaper gas. Protesting the regional district’s (aka Trans-link) taxes that they add to the gas here is a bit of a stretch because “economic sense” throws out the notion of protest. To “protest” means that you sacrifice, or defy authority of its power to change something like a law, policy or State because of its negative impact. In this case, I will bend to the Conservative style Business-Speak of the Market Economy and state that the consumer will go to the better prices for goods and services with their money as the natural prudent bargain hunter would so.
Today, that level of market shift from others who also live along the boundary of the Fraser Valley and Metro Vancouver could not have been more obvious as there was a wait, in a line-up, of about five vehicles for the cheaper fuel. I am not the only one!
Today on the news, according to CBC, we are going to see record food prices increase in the days to come. Could it be directly related to the cost of fuel? Are we using more than ever, or it is just inflation? They say yes and no, but they (CBC) also say that Canada is very well insulated because we have controlled markets for food commodities. The cost of oil will hurt us in the pocketbook in more than place.
I will continue to make the drive to get my cheaper fuel now that the difference in prices makes it worth while to do so. I know a few of my friends argue that the savings of a few dollars does not make a difference, but when you only have a precious number of dollars to begin with, saving anywhere becomes fact.