Gas prices have increased in Alberta, but while disruptions around the world have kept costs high this summer, that’s not the cause of the recent spike.
When pumps rolled over, the prices jumped by as much as $0.30 in some locations.
In Edmonton, some gas stations were seeing a $1.81 cost per litre, while Calgary sat at $1.84.
This latest price jump isn’t the first this year, as the ongoing war in Iran and blockage of the Strait of Hormuz are causing costs to soar. The cost for gas has ranged between $1.80 in the spring to $1.50 in July.
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But Dan McTeague, president of Canadians for Affordable Energy, told Global News this latest jump isn’t due to global pressures but a recent power failure at a refinery in Illinois.
“We’re seeing the effects of what amounts to net $0.18 for gasoline and about roughly $0.24 to $0.25 for diesel,” McTeague said.
The Exxon Mobil Joliet refinery in Channahon, Ill., lost power on Sunday and as of Tuesday afternoon had not yet come back online.
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The jump may be short-lived as the plant is slowly brought back online, but even if it sees prices drop, McTeague added the focus should centre around the price of diesel.
According to McTeague, diesel is already double what it was at this time last year and could make things more expensive and less affordable in the weeks to come.
“Think of trucks, transportation, construction, municipal vehicles,” he said. “Think of trains, think of jets.”
He warned another spike in gas prices could come sooner rather than later, though he did not specify how soon.
—with files from Global News’ Gates Guarin
Another gift from carney and his government.. I can see why all th poles say 93 % of all Canada is in support of the liberal lol
@meme. We are already almost there. We need the states. Don’t be stupid. Should have negotiated from the beginning but oh no donkeys like you wanted elbows up! How’s that working out clown?
@ Dee Ironside
I do enjoy how someone has to talk down to people just to make a comment.
I do know how to weld and would welcome a refinery or two built in Canada anytime. I just know that would never happen anytime soon due to all the Red Tape that holds up every major project and of course all the NIMBY’s out there that are scared of any progress to our economy.
On the positive though the without the refineries we will keep our Carbon footprint small and keep paying more for the Carbon Tax every year and just with that is will increase the Canadian tax burden high so the Prime Ministers can fly around the world making eloquent speeches!
Why does a power failure in Illinois affect the cost of vehicle fuel & cause a spike in prices of fuel? Doesn’t AB use it’s own fuel?
Karen Kuzyk
Kuzyk.Karen@gmail.com
You couldn’t find any of the NDP voters in Edmonton rejoicing the fact that the Iran war is doing the job of carbon taxes? Ride public transit or a bicycle this winter and enjoy if you cannot afford fuel! 🙄
To the two folks below, we are planning on building a massive refinery just down the street from you. Glad for your support on the project. FYI, do either of you know how to weld?
On the refinery in Alberta idea. While it is a good one, remember that the refined products will have to be delivered. So more tanker truck, rail, and pipelines will be needed. Do all the supporters promise not to whine and complain when this starts to happen.
Suggest you look up the wonderful world of products these refineries product. It is quite interesting.
we need to stop depending at all on America, its time for these refineries to be built in AB, lets get this done, stop pissing around with a dead nation like the US. if we dont do something, we will end up 3rd world in no time, just like they are. look at that place. what a dystopian hellhole America became. two old men destroyed the greatest nation on the planet, in 6 years. wow.
Wouldn’t it be nice to have refineries in Canada so we would not be dependent on supply from the USA?
So many governments in Canada have failed building for Canadians due to so many red flags to build anything in Canada that may help in keeping our costs of living much lower.
Maybe our present government and the Prime Minister can sign some more MOU’s as that will help us out!