Calgary’s gas prices go up after Calgary’s oil price spike
Calgary’s gasoline prices went up after the price spike hit the city.
Local retailers are seeing the most significant increase.
Gas stations in the city’s downtown and suburbs started getting a lot of customers this week.
The biggest increase is in the suburbs, where the prices went from $2.49 per litre to $3.25.
The city’s gas station is the most expensive one in Calgary, with an average price of $3,200 per month.
Local petrol prices in Calgary have also increased by 10 cents per litres in the past 24 hours.
Gas prices are the highest they’ve been in years.
“It’s the first time that prices have gone up in that price range in two months,” said Joe Hildenbrand, the manager of the Calgary Tire Centre.
Hildanbrand said the increase in gas prices is hurting the small business owners who use the centre.
“We are dealing with a huge amount of people, a lot more than we used to,” he said.
Hult said there has been a lot going on in the market, including an increase in oil prices.
“A lot of companies are looking to sell their inventory because they can no longer make the profit from it,” he explained.
The oil and gas industry has been working hard to keep prices high.
A spokesperson for Calgary Mayor Naheed Nenshi said the city will remain vigilant and will continue to monitor prices.