Whelbourns in Canada

• Thursday 30 October 2008 - GAS IS DOWN to below $1 per litre

Yes I know it should say Petrol but the word Gas just seems to come out of my mouth first these days.

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At last petrol prices below a dollar a litre I saw it today at 96.9 cents a litre(good job as I just brought a Ford Escape). I wonder if there will be a rush to buy more gas guzzlers and save GM and Chrysler fortunes. Hey perhaps the whole North American economy will bounce back... perhaps not. 

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One thing I have noticed is the rush of TV commercials for high mileage cars being built in GM and Chrysler plants - They all suddenly seemed to be able to do 50MPG without a major redesign  

"Conspiracy theory"... I knew they had the technology to deliver higher mileage cars, but they were in league with the oil industry (high revenues and profits) and government (high tax revenue if we buy more gas)..... Baa, Baa... The public are sheep to be shorn (or fleeced) of their hard earned money!

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Again we have been reassured that the Canadian economy has been cushioned from the worst of the credit crunch by the conserative lending practices of the banks in Canada..... So I can tell the girls that it is a good job the banking system here is 20 years behind the UK's approach to banking  (they have complained about difficulty setting up direct debits / inter bank transfers and the general banking hours, etc...)

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About Me

free hit counter David, Julie, Kathryn and Gemma emigrated to Canada on Nov 5th 2005. Now living in Island View New Brunswick.

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