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Newsjock

(11,733 posts)
Wed Apr 23, 2014, 01:09 PM Apr 2014

Canadian gas prices jump by up to 34c/gal overnight; 'doesn't make sense' [View all]

Source: CBC News

Drivers looking for a good reason for major gasoline price jumps across Canada overnight will be left lacking, as the usual seasonal influences don't add up to those types of increases.

Montrealers woke up to eye-popping price hikes of more than nine cents per litre Wednesday morning. At an average price of $1.53, the city now has the dubious distinction of having the highest gas prices in Canada, according to website TomorrowsGasPriceToday.com.

... "It doesn't make sense," says Dan McTeague, former MP and founder of the gas pricing website mentioned above. "These prices are not sustainable for the middle class or anybody else."

... "Price hikes? We call that spring," quips Phil Flynn, the senior market analyst at energy research firm Price Futures Group in Chicago.

Read more: http://www.cbc.ca/news/business/gas-price-jump-doesn-t-make-sense-1.2619006

3 replies = new reply since forum marked as read
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$1.53 ... ?? Tuesday Afternoon Apr 2014 #1
That's per liter Newsjock Apr 2014 #2
What to do? liberal N proud Apr 2014 #3
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