Average retail gasoline prices in Saskatoon have not moved in the past week, averaging 146.93 c/L Sunday.
The value is based on GasBuddy.com’s daily survey of 81 gas outlets in Saskatoon. This compares with the national average that has increased 3.4 c/L in the last week to 150.82 c/L.
Including the change in gas prices in Saskatoon during the past week, prices yesterday were 10.8 c/L higher than the same day one year ago and are 10.6 c/L higher than a month ago.
Patrick De Haan, head of petroleum analysis at GasBuddy says, “Gasoline prices continued their upward trajectory last week as oil prices pulled them higher across the majority of the country, and continued refinery challenges kept supply of gasoline from rising more substantially.”
He says moving forward it doesn’t look good for motorists with prices likely to continue accelerating due to concerns increasing that without additional oil, supply will tighten in the weeks ahead, especially as the nation starts to move away from softer demand in the height of winter.