Thursday, July 2, 2009

Gas Jumps 11 Cents Overnight At Some Pumps

From CTV News:

Gas at some pumps on the island of Montreal jumped about 11 cents a litre on Wednesday, and one analyst says there will be days in the future when a jump this size will seem small compared to what gas could cost in the future.

Gasbuddy.com says yesterday's average litre price was around a dollar; today, some pumps are charging more than $1.11 per litre of gas.

Analyst Karl Moore says there are a number of factors contributing to the increase that will continue to affect the price of gas:

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