Oil, Gas Prices on the Rise

Friday, 19 July 2013 at 11:10

The price of oil is at a 16-month high, setting the stage for higher gasoline prices. Oil is selling this morning at $108.20 U-S a barrel, pushed up by signs the U-S economy is picking up steam. The price has jumped 12% in less than three weeks. GasBuddy.com says the average price of regular across Canada has risen to almost $1.36 a litre -- it's up to $1.31 or $1.32 a litre in Woodstock. A bit cheaper in Ingersoll and Tillsonburg at $1.29. You can always find the cheapest on the Gas Buddy app at 1047.ca.

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