Posted on 19/04/08
Gasoline price seen heading to $1.40 a litre
CALGARY -- Canadian drivers should brace for record gasoline prices this spring and summer, as high as $1.40 a litre for regular unleaded gas.The benchmark price of oil rose yesterday to yet another record close, finishing at $116.69 (U.S.) a barrel, up $1.83 or 1.6 per cent on the New York Mercantile Exchange. A year ago, the price was about $64 a barrel.
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