Motorists may have noticed a jump in price at the pumps this week across Saskatchewan. Prices had been hovering in the 60 to 70 cent-per-litre range for about two weeks since oil values crashed in April.
On Friday, though, prices rose to the high 70s and even into the 80s at some gas stations. “We are seeing quite a jump in the last week and a half.
Prices have shot up from 69 cents a litre and now we are closer to 86 cents a litre,” GasBuddy.com analyst Patrick De Haan said over the phone from Chicago on Friday. “A lot of this happening as more provinces reopen.
More states in the United States are reopening, and that’s contributing to gasoline demand, which is rebounding from the previous lows.” Experts at GasBuddy.com said Organization