Gasoline Prices Top The $1.40 Mark!

As expected, South Shore gasoline prices increased overnight. The province's utility and review board has set the price at the pumps for regular self-serve at $1.40.9 a litre. Thats an increase of almost 3 cents from yesterday. Diesel is also up a bit at $1.44.1 per litre. These fluctuations in price are a reflection of whats happening with the world price of oil. For instance today, oil is up this in price after two days of steep losses. Oil gained 40-cents this morning, and is trading at $93.24 U-S a barrel. Traders say gains are being kept in check by ample supplies and worries about the global economic outlook.