25 Years of Fuel Purchases

A fun post before we close out 2019.

I now have a full 25-years of Quicken data under my belt. Here is a graph containing my fuel purchases overlaid with the price per litre (high and low) for each corresponding period.

From my Quicken File

A few interesting observations.

Downtown Toronto Effect

I have lived in Downtown Toronto from 2014 to 2016 and again from 2019 to current. You will notice some dramatic decreases in fuel spend. When I live in TO, I simply don’t drive and instead opt to walk most places.

Fuel consumption peaked in 2017

In 2006 I moved to Pickering and left in 2008. In 2007 I was spending a lot of time flying so the commute between Pickering and the Pearson airport was the contributing factor to the increase.

Peak Price per Litre

I find it interesting that the first time I paid more than $1.40 per litre was in 2008. It was the outlier for that year but interesting that it took another 6-years before I paid above $1.40.

Overall Fuel Consumption Decreasing

What is very encouraging is that absolute spend per year is in decline while the cost per litre is increasing. What this really means is that I am using less gasoline which is great no only for my pocket book but also for the environment as well.

Author: Darby Sieben

Chief Product Officer for Unbouce, former Founder and Head of RBC Ampli Inc and biz dev @ ypg canada, start-up investor, driven by innovation, connector of ideas and people, known for thinking outside the box and all around pretty good guy, #yyc, #yul, #sfo