Saskatoon sees sharp price spike at gas pumps

Average gas price sitting around $1.21/litre, a jump of 7 cents since Monday

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Caption: Gas prices in Saskatoon have jumped by about 7 cents this week in Saskatoon. (J.P. Moczulski/Canadian Press)

People across Saskatoon are in for an unwelcome surprise if they need to fill up their gas tanks Wednesday.
The average price at the pumps is hovering around $1.21/litre. On Monday average prices sat at $1.14 — seven cents lower.
Regina seems to be faring slightly better lately. Average gas prices are sitting at $1.14, a jump of roughly two cents since Monday.
According to tracking site gasbuddy.com, oil and gasoline inventories have recently dropped in the United States, causing crude oil prices to surge.

Image | saskatoon gas price chart

Caption: The green line shows a recent spike in gas prices in Saskatoon. (gasbuddy.com)

Prices across the province are still considerably lower than the national average of roughly $1.30/litre.