Hope you filled up your gas tank Tuesday.
Gas prices at many stations around the city have jumped almost 20 cents a litre in some cases.
Stations are posting the price at 101.9 per litre now but some stations scattered throughout the city are still posting around .83 or .84 cents a litre. That likely won’t last very long with GasBuddy.com showing the Edmonton average at 95.3 cents per litre.
“This is a temporary situation and things will be restored back to normal because the price jump isn’t justified by the increase in the price of crude, the price of crude has only jumped about two per cent in the last few days and not to the levels you’re seeing at the pump,” explains Roger McKnight with Enpro International.
McKnight says he sees no logical reason for the jump.
“There is nothing on the horizon to dictate a 20 cent increase unless the oil companies just want to make more money,” explains McKnight. “I don’t say that very often but that is what I think it is.”
The Alberta average price is 95.8 and the national average is 104.6.
Oil is once again nearing the $50 US per barrel range, though it is unclear why the price has jumped as the last time it was at $50 the price was well under a dollar per litre. (twd)
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