Friday, June 22, 2012

South Shore Gasoline Prices Drop

As predicted, gasoline prices came down overnight.  The utilities and review board has set the new price for a litre of self-serve regular at South Shore pumps at $1.21.7.  Thats a 3 cent a litre drop from yesterday.
Meanwhile, the price of oil on the world market continues to fall after closing yesterday at an eight-month low.  Oil is down 60-cents this morning, and is trading at $77.60 U-S a barrel.  The price has tumbled 25 per cent since the beginning of May.