D arn Geopolitical Concerns!
Consumers should really be looking a little farther afield and at far more complex issues for the source of their most recent gas pains.
Prices at Ottawa pumps have popped over the $1 a litre mark in the past few days. Motorists better get used to that sight, at least for the better part of the summer.
Analysts are predicting a number of factors will conspire to keep prices in the triple digits as we get into the busy driving season.
One is the price of crude oil, which nosed past $69 US a barrel yesterday, uncomfortably close to the record high of $70.85 last year, when Hurricane Katrina damaged refineries and sent pump prices skyrocketing.
Prices at Ottawa pumps have popped over the $1 a litre mark in the past few days. Motorists better get used to that sight, at least for the better part of the summer.
Analysts are predicting a number of factors will conspire to keep prices in the triple digits as we get into the busy driving season.
One is the price of crude oil, which nosed past $69 US a barrel yesterday, uncomfortably close to the record high of $70.85 last year, when Hurricane Katrina damaged refineries and sent pump prices skyrocketing.
posted by Ottawa Gas Prices | 9:00 PM
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