Gasbuddy.com says average retail gasoline prices in Saskatoon have risen 10.9 c/L in the past week, averaging 167.61 c/L Sunday. This compares with the national average that has increased 3 c/L in the last week to 168.84 c/L.

Including the change in gas prices in Saskatoon during the past week, prices yesterday were 41.2 c/L higher than the same day one year ago and are 3.9 c/L higher than a month ago. The national average has decreased 4.2 c/L during the last month and stands 33.4 c/L higher than this day one year ago.

In a news release Patrick De Haan, head of petroleum analysis at GasBuddy said, “Average gasoline and diesel prices rose in every province over the last week, as rebounding oil prices driven by the continued closure of the Strait of Hormuz and ongoing Ukrainian attacks on Russian oil refineries kept upward pressure across the board.”

He also notes that diesel prices felt the pressure even more acutely, due to Ukraine’s attacks on Russian refining infrastructure which continue to impact refined product prices more than crude oil itself.
The seasonal transition to cheaper winter-blend gasoline in the coming month could bring some relief but De Haan predicts the two dominant challenges facing Canadian motorists- the closed Strait and the ongoing refinery strikes- show no signs of resolving anytime soon and until they do, the path for pump prices remains tilted to the upside.”