Friday, April 25, 2014

Gas Prices Hot Topic In Legislature

Gas prices are up across the board today at South Shore pumps. Regular self serve has increased overnight by more than 2 cents a litre to $1.46.2 and diesel is up by a similar amount to $1.42.7 in many locations. With prices today now having reached record-breaking territory, the issue of double taxing gas has hit the floor of the province's legislature during question period. Opposition PC Leader Jamie Baillie led the attack on the McNeil government.

Some industry watchers predict gas prices will balloon past $1.50 before the start of the summer.