As the
price of oil continues to rise on world markets, we're feeling the
effect of that in Saint John after the weekly setting of gas prices.
Self
serve regular is over 5 cents a litre more expensive this morning at
$1.29.6 in the city. Diesel rising, as well, to $1.33.1.
Heating oil is up to a maximum of $1.15.8 a litre but propane is down a bit at a maximum price of 95.7 cents.
The
price of oil closed yesterday at its highest level in 16 months. The
price has jumped 14 per cent in the past two and a half weeks because of
rising demand in the U.S. and upheaval in Egypt.