Including taxes, pump prices for regular unleaded gasoline at self-serve outlets will now range from 106.1 cpl to 107.7 cpl. In announcing the price adjustments the Commission indicated that a number of factors necessitate the changes. Despite day to day fluctuations, the overall trend is upward as the market reflects the significant month over month increases in both crude and refined product prices. This, coupled with a number of supply related issues and the strong demand for refined products, continues to put upward pressure on prices. The strength of the Canadian dollar relative to the U.S. dollar has held prices lower by as much as five cents per litre than otherwise would be the case. The Commission's next scheduled price adjustment will be on December 1, 2007.
—30— Click here for published prices effective November 15, 2007
Posted: 2007/11/14 |