WHERE DO YOU SEE GAS PRICES IN THE NEXT 5 YEARS?0847585

Gas cost fluctuations over the past 6 years in Hamilton

including Crude Oil

Let’s say you’ve been driving for 3 years.... 3 years ago in June the cost of gas was roughly $0.82 /

L

On average it takes $50 to fill your tank 3 years ago it would have cost around $35

How much is it going to cost next year? How much more is it going to cost in the future?

Year Price (in Hamilton, ON)

2002 – OCTOBER $0.70 / L

2003 – AUGUST $0.79 / L

2004 – SEPTEMBER $0.83 / L

2005 – SEPTEMBER $1.29 / L

2006 – JULY $1.10 / L

2007 – DECEMBER $1.05 / L

2008 – PRESENT $1.02 / L *NEW LOW*

*2005 showed the most drastic change in price - ranging from $0.70 to $1.29 / LAlthough it was in 2008 where we had a record high of $1.40 / L*

Sources:

http://www.ontariogasprices.com/http://www.ontariogasprices.com/retail_price_chart.aspxhttp://www.workfromhomemomma.com/uploads/no-gas.jpghttp://www.ontariogasprices.com/price_by_county.aspx?c=canhttp://www.clipartheaven.com/clipart/money/empty_pockets.gif