Brace for High Gas Prices All Summer
The summer driving season stands to be an expensive one for motorists in Canada and the US as gas prices look to remain high.
The average price of gas at Canadian gas pumps jumped to just over 104¢ a litre this week.
With crude prices forecast to remain strong for the remainder of this year, consumers can expect higher pump prices than last year.
But unless there's another serious supply disruption like the one caused by hurricane Katrina last year, prices aren't likely to hit the record 126¢ a litre recorded in the September 6, 2005.
The average price of gas at Canadian gas pumps jumped to just over 104¢ a litre this week.
With crude prices forecast to remain strong for the remainder of this year, consumers can expect higher pump prices than last year.
But unless there's another serious supply disruption like the one caused by hurricane Katrina last year, prices aren't likely to hit the record 126¢ a litre recorded in the September 6, 2005.
posted by Ottawa Gas Prices | 9:56 PM
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