“NEW”      Patented    HORIZONTAL    STANDING VALVE    Available TODAY!

Feeling sticker shock at the gas pump? Here is why

Author: External Author | | Categories: Oil Well Optimization , Oilfield Services

AdobeStock_238270807.jpg

If you've noticed gas prices on the rise, you aren't alone: Statistics Canada says gasoline prices rose 6.5 per cent in February compared with January, marking the third month in a row of climbing prices at the pump.

Douglas Porter, chief economist at BMO Capital Markets, wrote in a research note on Wednesday that gas prices are “poised to really pop” going forward, based on a weekly reading showing pump prices up 44 per cent from a year ago.

Read More

Original Article Source Credits:   Ottawa Business Journal , https://obj.ca/

Article Written By:  The Canadian Press

Original Article Posted on:  Mar 17, 2021

Link to Original Article:  https://obj.ca/article/canada-world/feeling-sticker-shock-gas-pump-heres-why



READ MORE BLOG ARTICLES

Top