TORONTO –
Drivers can count on extra ache on the pumps this morning as gasoline costs push new data.
Pure Assets Canada says the common value throughout the nation for normal gasoline hit 197.4 cents per litre on Tuesday for an all-time excessive.
The common value inched up barely from 197.1 cents per litre on Monday, whereas costs are up extra that twelve cents from every week in the past.
Costs averaged about $2.23 a litre in Vancouver, whereas in Toronto costs averaged slightly below $2 a litre and in Edmonton the common was just below $1.30 a litre.
Gasoline costs have spiked as oil tops US$100 a barrel, partly due to provide disruptions associated to Russia’s invasion of Ukraine.
The upper costs additionally come because the re-opening of the financial system has led to excessive demand for gasoline that refiners have restricted capability to satisfy.
This report by The Canadian Press was first revealed Might 11, 2022.
