If you held back filling up with self serve regular over the past few days, you’ll be glad to hear the price has declined by 5 and a half cents a litre after the weekly setting and, in the city, is going for $1.32.4.
On the other side of the coin, diesel has increased by almost 2 cents a litre and is selling for $1.37.6 around town. And what accounts for these recent wild flucuations in price.
Kevin McCann of Wilson Fuels tells CHSJ News it all comes down to supply and demand with refining capacity dropping over the last few weeks.
McCann says that means production is not up to a level the market is comfortable with but he expects things to settle down soon.
Meantime, heating oil is up to a maximum price of $1.19.4 a litre and propane remains at a max of 93.8 cents a litre.
