Linked Header

Thursday, July 11, 2013

Gas Prices Rise Significantly

As the price of oil continues to rise on world markets, we're feeling the effect of that in Saint John after the weekly setting of gas prices. 

Self serve regular is over 5 cents a litre more expensive this morning at $1.29.6 in the city. Diesel rising, as well, to $1.33.1. 

Heating oil is up to a maximum of $1.15.8 a litre but propane is down a bit at a maximum price of 95.7 cents.

The price of oil closed yesterday at its highest level in 16 months. The price has jumped 14 per cent in the past two and a half weeks because of rising demand in the U.S. and upheaval in Egypt.