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Fuel prices shooting up

Posted: December 26, 2015. 7:26 p.m. CST.

By Aaron Hunes: There was a reported increase in the price of regular gasoline a few weeks ago. Now, we understand that prices for all types of gasoline are shooting up as of Monday morning at midnight.fuel

Diesel rises by 81 cents, from six dollars 41 cents to seven dollars 22 cents; regular is up by 97 cents from $8.51 to $9.23, and premium by 72 cents, despite world oil prices being at a 14 year low and trending down since November. Only kerosene is untouched at $5.33.

Scotiabank

The year’s lowest price for regular was recorded on November 28th at seven dollars 38 cents a gallon, and the year’s lowest price for diesel was recorded just a few days ago on December 16th.

Vehicle owners are advised to go “gas up” this weekend, to beat the rising prices to end 2015.

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