Gas Prices

• Will gas prices drop ahead of the Thanksgiving long weekend?

  Gas price experts say it's becoming harder to predict where prices are heading, even after some European countries released strategic oil reserves.

  Canada

  Oct 5
  
• As Texas declares state of emergency over fuel shortage, what’s dyed diesel

  As global oil supplies continue to tighten up amid ongoing geopolitical conflicts that have pushed up fuel prices, the governor of Texas has declared a state of emergency.

  U.S. News

  Oct 1
  
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• U.S. reportedly threatens EU diesel export ban unless reserve fuel released

  The U.S. is reportedly threatening to ban exports of diesel fuel to parts of Europe, unless countries like Germany and France release more of their diesel reserves.

  World

  Oct 1
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• As Trump mulls diesel export ban, what would it mean for Canada?

  U.S. President Donald Trump on Tuesday said he backed the idea of a U.S. diesel export ban as a way to lower prices for Americans, which experts say may backfire.

  Economy

  Sep 23
• Trump says rising gas prices ‘inexpensive price to pay’ for Iran war

  The national average for a gallon of gas reached US$4.48 on Friday, according to AAA, up roughly 17 cents over the last week, 40 cents in a month and $1.27 from a year ago.

  U.S. News

  Sep 20
• Alberta drivers face another jump at the pump after Illinois refinery outage

  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.

  Canada

  Sep 16
• Gas prices are expected to drop soon, but geopolitical risks remain

  Consumers in Canada could see some relief at gas pumps starting next week as gas refineries go through regular seasonal changes, but how much prices will drop is unclear.

  Consumer

  Sep 11
• Gas prices set to change when excise tax pause expires — what to know

  Some temporarily relief at the gas pump for Canadian consumers is set to end next month when the fuel excise tax pause is scheduled to expire.

  Consumer

  Aug 14
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• IEA expects world oil demand to fall amid surging gas prices

  Demand for crude oil worldwide is expected to fall as higher gas prices force many consumers and businesses to reduce their consumption, according to the IEA.

  Consumer

  Aug 13
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• As oil hits $100 a barrel, what to know about the Bab el-Mandeb strait

  As of 11 a.m. eastern on Thursday, Brent crude prices were around US$100.60 per barrel as conflict in the Red Sea drove oil tanker traffic in the crucial Bab el-Mandeb strait down.

  Economy

  Jul 23