Statistics Canada’s publication The Daily reports today on the domestic sales of refined petroleum products
What caught my eye is that the category “Motor Gasoline” is down 3.2% from April 2004 to April 2005. If memory serves me, the last year has seen prices in my area rise my at least $0.20/litre. In the short-term, sales of gasoline won’t be affected by rising prices, but somehow I expected to see larger drop over the whole year. Perhaps a single year is still too short-term to see a trend, but it’s just my first impression.
Here in Kamloops, I’ve seen at least 2 of those cute little Smart cars. One driver has the appropriately mocking licence plate “88mpg” — very nice! If the real trend is the continued adoption of more effecient cars, then that’s a more important indicator of advancement in my opinion.