Gas prices high and still rising

Soaring gas prices have not made Albertans very happy over the past couple of weeks. In Ponoka, prices have recently topped $1.21 a litre and it is predicted that prices will keep on rising.

  • May. 7, 2008 5:00 a.m.

Soaring gas prices have not made Albertans very happy over the past couple of weeks. In Ponoka, prices have recently topped $1.21 a litre and it is predicted that prices will keep on rising.

“The prices are really high,” said Husky manager Fady Abialmouna. “Personally, I don’t believe prices will go down anytime soon, from what I hear they are supposed to go up.”

According to www.gasbuddy.com the average price of gas in Canada is just over $1.26 a litre.

A Statistics Canada study has shown that the work commute of 55 per cent of Canadians is, on average, about an hour for a round trip. This puts a significant strain on the commute.

Adam Abou, Esso manager, recognizes that people are frustrated with the record prices and that everyone is affected by it in some way or another.

“I really don’t like these prices,” said Abou. “ It’s hard on anyone that uses gas and it ends up costing us and the customer more.”

The incredible prices have inspired some to use other modes of transportation or invest in products that use less or no gas.

Abialmouna believes that using other alternatives is logical to help keep money in your wallet.

“Obviously everyone should be driving less,” he said. “Why would anyone want to be paying this kind of money?”

Oil prices have risen above $121 US a barrel and it is predicted that prices could reach $150 to $200 a barrel in the time span of six months to two years.