Gas prices climbing in Kamloops
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August 13, 2015 - 9:27 AM
KAMLOOPS - After finally dropping to 121.9 cents per litre at many stations around the city, some stations jumped 14 cents in one day, making those Kamloops stations among the most expensive in the province.
According to GasBuddy, an online tracking system for gas prices, only a handful of stations remain below 129 cents per litre this morning, Aug. 13, while about seven stations sit at 129.9 cents per litre. Many stations jumped to 135.9 cents per litre Wednesday afternoon or evening and have yet to back off at all from the 14 cent jump.
GasBuddy reports a trend in rising gas prices across the country, with the average price in B.C. rising to 127 cents per litre today, up three cents from yesterday, and just below the average price one week ago. The average gas price still remains below the 138.3 cents per litre average price from a year ago.
The average gas price in Canada is 116.8 cents per litre, down significantly from last August, when 131 cents per litre was the average price.
The Southern Interior has some of the highest prices in the country right now.
Meanwhile, the price of crude oil has dropped to about $43 per barrel, down from $53 per barrel a month ago and the $97 per barrel price it held a year ago.
GasBuddy says the price hike has been attributed to a refinery outage in Indiana.
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— This story was updated at 1:27 p.m., Aug. 13, 2015, to include a link explaining why gas prices have gone up.
News from © InfoTel News Ltd, 2015