Why Gas Prices Rocket Up but Feather Down

Drivers in the Greater Toronto Area got a rude awakening at the pumps yesterday. Thanks to escalating geopolitical tensions in Iran, gas prices spiked by 8 cents per litre overnight, pushing the average price for regular fuel up to roughly $1.73 per litre, leaving many motorists feeling gouged at the pumps. Since the conflict in […]

High Gas Prices May Drive a Quick Exit from Iran

The average price of gas at the pump for U.S. consumers is up 30% since the year began. Most of that occurred recently, following the strikes against Iran.  If you follow the prediction markets, it doesn’t look very likely that the Republicans will win the House or even the Senate this fall. Current odds suggest […]