Held Hostage at the Pumps

Gas prices skyrocket overnight across CanadaCanwest News ServicePublished: Saturday, June 07, 2008

Gas prices across the country shot up as much as six cents on Saturday morning as the cost of oil continued its record-setting ascent.

According to gasbuddy.com, a website that tracks gas prices across North America, pumps in Toronto hit $1.359 a litre early Saturday morning, up from $1.299 on Friday. Stations around Winnipeg had been selling gas for $1.259 a litre at 7 p.m. on Friday, but just five hours later, reports of $1.329-a-litre gasoline were commonplace. In remote Bonavista, Nfld., pumps reached a startling $1.449, as the cost of transporting refined oil pushed the fuel to new heights in far-flung communities.

The website averaged the price of gasoline across Canada to $1.337, up more than 20 cents a litre from last year.