Gas expected to go up at midnight
Posted Apr 28, 2016 07:23:16 AM.
This article is more than 5 years old.
Gas prices are set to increase across the province.
It’s expected the price of gas will go up by around 2 cents a litre at midnight.
George Murphy of Consumers for Fair Gas Prices told NEWS 95.7, the price of oil has gone up about 2 or 3 dollars over the last week, and everyone is thinking the new floor is going to be $50-dollars per barrel.
“Fifty dollars is going to be the breaking point where you’re going to see U.S. domestic production all of a sudden start to ramp up again, and drillers coming back to work,” he said.
Over in New Brunswick, the price of gas is up 1.8 cents, now selling for a new maximum price of 103.1.