How much are we saving on oil prices /per family?

[(=_=)]

A helluva lot more than any tax deductions that Harper & Co were offering to
just some of us . . . .
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CBC News Posted: Jan 09, 2015


Cheap oil will save drivers $1,500 a year at gas pumps, BMO says

Gas prices have declined by 48 cents per litre since June, bank calculates


The Bank of Montreal says Canadian drivers can expect to save about $1,500 a
year at the gas station this year because of dramatically lower oil prices.

Sal Guatieri, an economist at BMO, calculated on Friday that gasoline prices
have declined by an average of 48 cents per litre across Canada since peaking
in June 2014.

According to gas price tracking website gasbuddy.ca, the average price of a
litre of gasoline across Canada is currently just over 92 cents a litre.

At current usage levels, that's going to save Canadians $20 billion a year, if
it persists, he calculated. "That’s about $1,500 per family, or almost enough
for three [Tim Hortons] coffees per day for a year." {>_<}

In the U.S., the savings are even more dramatic. Guatieri said Americans
consume about 138 billion gallons of gasoline per year — more than 522 billion
litres.

U.S. gas prices are down even more than they are in Canada, down $1.51 US from
June to an average of $2.18 a gallon. If that holds, Americans would save $208
billion a year, which works out to $1,800 US per household.

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It is horrifying that we have to fight our own government to save the environment

~ Ansel Adams
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[Alan Baker]

Post by (=_=)
A helluva lot more than any tax deductions that Harper & Co were
offering to just some of us . . . .

And?

Post by (=_=)
___________________________________
CBC News Posted: Jan 09, 2015
Cheap oil will save drivers $1,500 a year at gas pumps, BMO says
Gas prices have declined by 48 cents per litre since June, bank calculates
The Bank of Montreal says Canadian drivers can expect to save about
$1,500 a year at the gas station this year because of dramatically
lower oil prices.
Sal Guatieri, an economist at BMO, calculated on Friday that gasoline
prices have declined by an average of 48 cents per litre across Canada
since peaking in June 2014.
According to gas price tracking website gasbuddy.ca, the average price
of a litre of gasoline across Canada is currently just over 92 cents a
litre.
At current usage levels, that's going to save Canadians $20 billion a
year, if it persists, he calculated. "That’s about $1,500 per family,
or almost enough for three [Tim Hortons] coffees per day for a year."
{>_<}
In the U.S., the savings are even more dramatic. Guatieri said
Americans consume about 138 billion gallons of gasoline per year — more
than 522 billion litres.
U.S. gas prices are down even more than they are in Canada, down $1.51
US from June to an average of $2.18 a gallon. If that holds, Americans
would save $208 billion a year, which works out to $1,800 US per
household.
==================================================================
It is horrifying that we have to fight our own government to save the environment
~ Ansel Adams
==================================================================