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Domestic sales of refined petroleum products

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.

The Smart fortwo coupé
The Smart fortwo coupé

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.

This entry was posted on Thursday, June 2nd, 2005 at 12:06 pm and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

One Response to “Domestic sales of refined petroleum products”

  1. Arjun Singh Says:
    June 3rd, 2005 at 5:30 pm

    Hello Justin – thanks for this post. Certainly hope the sales of gas goes down and we get more of these Smart Cars. The Smart is not a hybrid, as I initially thought, but diesel.

    And, just yesterday, I saw the “88 mpg” licence plate.