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Gas breaks a buck

An upwards correction for distillates generally, should be expected for consumer and commercial users beginning next week
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20190215 gas 99.9 turl
This Shell on Lakeshore was still under a loonie just after the noon hour. Jeff Turl/BayToday.

Gas took a jump in the city this morning of about 10 cents a litre, putting some stations back over a buck.

Check around though, some are still a hair under a dollar, by checking Gasbuddy.

Most expensive this afternoon was at the Shell, 2606 Trout Lake Rd and Connaught Ave. where it was 103.9 for regular.

The average price in Ontario today is 97.5 with prices on the rise.

Low prices may be in the rearview mirror for us. An upwards correction for distillates generally, should be expected for consumer and commercial users beginning next week.

Gasbuddy says, "Much of the increase was in connection to positive news and vibes emanating from the ongoing U.S. – China trade talks with featured comments by Treasury Secretary Mnuchin labeling the talks 'productive.' Petroleum products also got some added lift from refiner PBF’s announcement that two of its northeast refineries were going through seasonal maintenance,"




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Jeff Turl

About the Author: Jeff Turl

Jeff is a veteran of the news biz. He's spent a lengthy career in TV, radio, print and online, covering both news and sports. He enjoys free time riding motorcycles and spoiling grandchildren.
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