Prices have increased as much as 13 cents during the last week, according to the group. "We estimate pump prices will therefore rise an average of five cents a litre across the country". Gas prices will likely be the highest this year that they have been since 2014, said GasBuddy analyst Patrick DeHaan. "No one could have expected the unexpected, but still, our forecast was less than a dime away from being spot on".
"Circumstances beyond Canada's control, including a surging US dollar versus a weaker loonie, increasing USA fuel demand and growing exports, will put a premium on what Canadians will pay at the pumps in 2018", says senior petroleum analyst Dan McTeague.
"Circumstances beyond Canada's control, including a surging U.S dollar versus a weaker Loonie, increasing USA fuel demand and growing exports, will put a premium on what Canadians will pay at the pumps in 2018". Vancouver, for instance is forecast to see the highest peak prices at $1.52 while Winnipeg and Saskatoon should top out at $1.29.
Some 10 People Killed in Iran Amid Nationwide Protests
He stressed that people have the right to express their discontent with the authorities, but called for calm and restraint. It also said the Iranian government would crack down on those who were spreading negative propaganda against the country.
Why More Moms-to-Be Are Using Pot During Their Pregnancies
Among ladies who screened positive for cannabis utilize, 55 percent fizzled the lab tests however denied sedate use on the polls. For women in the 18 to 24 age bracket, marijuana usage spiked from 12.5 percent to 21.8 percent in that same period.
"Yet, understanding many factors, including OPEC, fuel taxes, the economy and their impact on supply and demand is integral to providing a thorough and balanced outlook on gas prices for 2018", DeHaan said. Numerous gas stations with the cheapest prices are in North Naples and East Naples. The average price would be the highest since 2014's $3.34. "Most people complain about high gas prices, but everyone is empowered by these tools and others to spend less". That follows four consecutive years of decreases. In 2017, the forecast called for a yearly national average of $2.49 and the actual was $2.39. "That's when refinery maintenance work with the summer gasoline all happens at once".
The statewide gas price average in Texas is now $2.24 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. Known as an "arb" or price arbitration, the recent rise in US petroleum product exports, reflects a new price challenge for Canadian drivers - one that will contribute to higher costs for gasoline in 2018.
Arctic cold front arriving this weekend
On Monday, morning lows will likely be in the teens and twenties and afternoon highs could be near or just below freezing. We're starting off our Wednesday on a dangerously cold note, and the frigid temperatures aren't going away anytime soon!
Chiefs make QB switch for suddenly intriguing Week 17
Kansas City Chiefs quarterback Patrick Mahomes looks to pass during a preseaon game at Arrowhead Stadium on August 31, 2017. On Wednesday, the National Football League shared what it said was Mahomes' five best moments from his preseason games.
Suspicious package to Mnuchin turns out to be manure
The report of the suspicious package prompted lengthy street closures and a sizable response by local and federal authorities. Louise Linton and Steve Mnuchin pose at the Bureau of Engraving and Printing on November 15, 2017.
Amazon just acquired smart home startup Blink
In a message on its website, Blink said that "if you own one of our systems, nothing changes for now". Since then, Immedia raised about $20 million in funding , according to documents filed with the U.S.
Business as usual for European Union banks after Brexit
He also revealed the Bank's plans are based on agreement being struck on a transition period by the end of the March next year. Britain will need a transition after Brexit that will avoid businesses having to adjust to new rules and regulations twice.