Linked Header

Friday, April 6, 2012

Rising Gas Prices Won't Last

A prediction from someone who should know that gas prices might still go up a bit before going down in Atlantic Canada.

So says Dave Collins of Wilson Fuel. He says speculators are driving up gas prices at the moment but a look at the futures market for gasoline shows a drop coming with the August price expected to be seven cents lower.

It's estimated speculation can drive the price up anywhere from 10 to 25 per cent.