Market forces point to higher gas prices, say experts - News Summed Up

Market forces point to higher gas prices, say experts


Warmer weather and tighter inventories of refined fuels are expected to keep gas prices from returning to 99 cents per litre, as they were earlier this year. He added that prices will surpass 2014 levels, which saw summer prices hover in the $1.40 range. Weather and driving patterns are also playing a role in the gas price increases, he said. The commodities market in New York sets the price of refined gasoline. A falling loonie is helping to drive up gas prices in Nova Scotia and across the rest of the country.


Source: CBC News March 20, 2019 09:00 UTC



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