The price of gas is expected to jump overnight in Oxford County
OXFORD COUNTY - Oxford County is bracing for a jump at the pumps.
Senior Petroleum Analyst with GasBuddy.com and founder of TomorrowGasPriceToday.com Dan McTeague says a change in the price of gas is coming. "Well you might not see much in the way of a change immediately but it's about a one and half cent wholesale price increase. That will affect almost all stations. It's likely that will be passed on, if not overnight then certainly by Monday. Some gas stations might decide to hold off until the weekend is over."
McTeague attributes the increase to two factors: "A small increase yesterday on the Futures Markets in New York but more importantly a bit of profit taking - year end profit taking - by refiners in Canada. Particularly those in the Ontario area led by Imperial Oil, Shell, and SunCor: those are the three refineries that we have here in Ontario."
He says this change was unexpected, and he urges everyone to fill up now if they need to top up before New Year's Day. "I really wasn't expecting much in ways of an increase to begin with," McTeague says. "But given that there was about a 0.7 cent increase the other penny was added on by oil companies - refineries in particular - who are not quite content with having a premium of about 9.2 cents a litre above global benchmark prices for our gasoline."

Province Funding Oxford County Paramedics
Interview with a City Councillor - September 14th, 2026
PJHL Recap - Sept 11th and Sept 12th
Navy Vets Recap - Sept 11th and Sept 12th
Hike for Hospice Returns this Saturday
Two Road Construction Projects Start This Week
SWPH Reporting First Human Case of West Nile Virus
Crash Investigation on Airport Road
One Dead in Perth County Crash
Ingersoll Candidate Profile - Matthew Chambers
Two Arrested Following Brant Break-and-Enter Investigation
Woodstock Remembers 9/11
Terry Fox Run Returns to Woodstock
Navy Vets Announce Leadership Group
Woodstock Changes Parking Regulations
WPS Investigating Swatting Incident
Interview with the Warden - September 10th, 2026
Fatal Collision Forces Road Closure in East Zorra-Tavistock
Delhi Driver Charged in Malahide Township
Witaar Releases Numbers for August
Comments
Add a comment