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OUCH . . . Gasoline prices spike Wednesday by 14 cents per litre in Winnipeg

It is never something Winnipeggers like to see and it will become conversation at the water coolers across the city. On Wednesday, November 1, 2017, prices at the pumps jumped $0.14 per litre and it looks like it is going to stay that way for awhile.

According to Dan McTeague, senior petroleum analyst with GasBuddy.com a problem with the Explorer Pipeline has shut it down and some refineries have not come out of maintenance so there is a supply shortage. The pipeline delivers a significant amount of gasoline to the US Midwest.

Prices are skyrocketing across the country with Vancouver as high as $1.44 per litre and Tronto around $1.22 per litre.

McTeague says that he expects prices to rise even higher in Winnipeg over the next week or so to somewhere around $1.20 to a high of $1.26 per litre for regular fuel.  Midrange and Premium will be even higher.

As of 3:30 pm several stations had not yet raised their prices but staff at the CO-OP gas bar on Grant Avenue said that they were just waiting for the call to raise the price.

 

-News 4-

 

© 2017 News 4, a DigiPix Media Group company

 

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