Canada: Gas busts through $1 barrier

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Sunday, August 14, 2005
By Yokota Fritz


The Regina Leader-Post in Saskatchewan tells readers to "Ride a bike!" after prices broke through the $1/litre mark. The Canadian paper reports that some service stations needed new signs to accomodate record-setting prices. ($1.05 Canadian per liter works out to about $2.65 per gallon U.S.)



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Comments:
article says: "$1.05 Canadian per liter works out to about $2.65 per gallon U.S."

Uh, that seems wrong (all figures from Google Calculator):

1 US gallon = 3.7854118 liters

3.7854118 times 1.05 = 3.97468239

so you get 1 US gallon for $3.97 canadian dollars, and...

3.97468239 Canadian dollars = 3.38501441 U.S. dollars

So $CA 1.05/liter = $US 3.39/gal, unless I'm mistaken somewhere.
 
I double-checked and I believe your calculations are correct. Good eye!
 
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