Photo credit: The Canadian Press Gasoline prices have been edging up since the start of 2021. GasBuddy.com’s Patrick de Haan says the price of a litre of gas is up 13 cents from a year ago because of a surge in oil prices. “A barrel of West Texas Intermediate crude oil, one of the global benchmarks, is at about 60-and-a-half dollars a barrel. That’s up from $35 a barrel as recently as last Halloween, so, maybe that bodes well for some in the province. Certainly, as oil prices heat up, it’s good for one aspect of Canada but, unfortunately, higher prices at the pump (are) coming.” He adds higher oil prices are not the only reason for the jump in the price of a litre of gasoline.
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