Alfa Romeo’s new MiTo is hardly a performance powerhouse, with the current range-topping model in the lineup boasting a diminutive 1.4L turbo engine until the performance-focused GTA arrives. But for some hot hatch fans, even the GTA’s 240hp (179kW) and hardened suspension won’t be enough.
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Gas prices are a wonderful thing. About a week ago I was talking to an acquaintance from Pennsylvania and he was explaining to me how gas stations were gouging people with high gas prices. I asked him how much he pays for gas. He replied “well somewhere around $3 per gallon” coloured with a few obscenities thrown in. I did some quick math to tell him we’re paying over $4 per gallon if I convert it.

He was truly shocked. What I don’t understand is that for every tiny reason, oil prices increase, but they hardly ever come down. They just wait for the next thing that will set them up to increase again. Kinda strange if you ask me.

For instance today oil hit $120 per barrel. If oil is at $120 a barrel, why are the gas prices in the city of Toronto declining? I’m not saying declining gas prices in the GTA are a bad thing, but not understanding how they can decline when oil is going up. Ah well, I’ve been told several times I should stop trying to find logic in the world as nothing ever seems to make sense.

lol

Well on Friday, we had a mini discussion at the office… Appearently a Canadian Tire gas station at Mavis and Britannia in Mississauga was selling gas for $0.65 per liter. Appearently the line was reaching waaaay back to the 401 in order to get cheaper gas. Unfortunately the promotion ended at 9am. Now the debate we had, was that how much did you have to wait in line to save on the gas? Is your time worth anything? What if you were one of those unlucky ones that got there at 9:05am? Did you have enough gas from idling so much to make it to the next gas station?

All these pressing questions came to light as many of us commute longer distances, and gas prices keep hovering around the $1.20 mark. I’m scared to add up how much I spend on gas a month, as it seems $60 lasts me 3-4 days at the most.

I think I’ve heard on the radio, that most people don’t have budgets for ultra expensive gas, and I’d be curious to see how much companies are losing due to extra fuel surcharge additions.

I believe the government should subsidize gas prices and keep them affordable, as this will only lead to more problems and higher inflation down the road.