GREY:CRRDF - Post by User
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ELASSOWIPOon Apr 12, 2018 11:25am
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Post# 27873351
I smell CHTA and all it's irony...maybe it's Jatinder Singh
I smell CHTA and all it's irony...maybe it's Jatinder Singh British Columbia will see gas shortages, prices at $2 a litre if Alberta cuts oil supplies, analyst warns. "Threat to reduce oil supplies to British Columbia."Canada's gas prices are likely to hit their highest levels in a decade this summer, according to a prominent industry analyst and the situation could be made even worse if Alberta follows through on its threat to reduce oil supplies to British Columbia. Analyst Dan McTeague of GasBuddy.com predicts gas prices will hit a 10-year high this year, thanks to a lower Canadian dollar and rising global oil prices."Analyst Dan McTeague of GasBuddy.com predicts gas prices will hit a 10-year high this year, thanks to a lower Canadian dollar and rising global oil prices. McTeague notes oil prices are $16 a barrel higher than they were at this time last year, and he predicts prices will spike to above US$70 a barrel "at least for a while" this year. West Texas Intermediate oil hit US$67 a barrel on Wednesday, its highest level since late 2014."West Texas Intermediate oil hit US$67 a barrel on Wednesday, its highest level since late 2014. "The world is getting its oil fundamentals back in balance, and supply and demand are looking a lot closer," McTeague told HuffPost Canada.