GasBuddy.com’s daily survey of 81 gas outlets shows gas prices in Saskatoon fell 0.5 c/L in the past week averaging 129.75 c/L Sunday which is in contrast to Regina where gas prices jumped 8 c/L and where regular unleaded is now selling for 137.31 c/L. Provincially gas prices also jumped 3.5 c/L and Patrick De Haan, head of petroleum analysis at GasBuddy says average prices rose in every province last week.

He says, “The increases were fueled not only by oil briefly hitting the $70 per barrel mark, but also by a weakening Canadian dollar- pressured by growing concerns over U.S.-Canada trade tensions.

De Haan notes that oil is traded in U.S. dollars, so a weaker loonie makes it more expensive for Canadian refiners, ultimately pushing pump prices higher. He suggests that if Canada can reach a trade deal that strengthens the dollar, it may bring some relief to motorists later this summer.”