Gasoline Prices Expected To Take A Big Jump!

Hold on to your hats! Gas prices could head through the roof tonight. Today in New Brunswick, prices have shot up dramatically. Regular self serve there is selling for 5.3 cents more per litre. Diesel has increased by 3.5 cents. Stand by for the Nova Scotia Utility and Review Board to jack up prices by similar amounts at midnight tonight. The big jump in gas prices here is a result of whats happening on the world market. The world price of oil continues to climb after ending yesterday at its highest close in 16 months. Oil is trading at $107.32 U-S a barrel. The price has jumped 14 per cent in the past two and-a-half weeks. Traders point to rising demand in the U-S and upheaval in the Middle East.