Gasoline market dynamics - High demand will squeeze tight supply this summer
After paying record prices at the pumps late in the summer of 2005, Canadians are keeping an anxious eye out for trends or events that could influence the cost of their vacation drive. Experts consulted by the Canadian Centre for Energy Information say that the cost of gasoline this summer will be influenced by several factors...
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Gasoline prices hit new highs
Across the country, average pump prices surpassed $1 per litre in mid-August and averaged 94.9 cents per litre for regular unleaded grade through June, July and the first two weeks of August, according to figures reported by M.J. Ervin Associates of Calgary.
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World oil and gasoline prices hit record highs
Calgary, August, 2005: World oil and gasoline prices hit record highs in August. In some Canadian markets gasoline breached the $1-per-litre barrier before mid-month, while in others retailers absorbed cost increases to remain below the $1 mark...
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What's fueling the rising cost of gasoline?
A Canadian gasoline refining and distribution system that is in good working order appears very unlikely to be able to stave off high pump prices this summer...
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