End of price war sends gasoline cost shooting up in Calgary - News Summed Up

End of price war sends gasoline cost shooting up in Calgary


Fuels at some Calgary pumps jumped 18 to 20 cents overnight, marking the end of a gas price war, according to a petroleum analyst. Gasoline prices are likely to stay in the 80-cents-per-litre range for a while, said Roger McKnight of En-Pro International. Some northwest Calgary gas stations were posting prices in the 80-cents-per-litre range as of Wednesday. Gas prices dropped in early March to around that 80 cents mark amid global economic struggles and a crude war between Saudi Arabia and Russia. Currently in Alberta, the lowest gasoline prices are at Edmonton stations, with prices posted around 54.9 cents a litre, according to price tracker Gas Buddy.


Source: CBC News April 29, 2020 20:06 UTC



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