Gas Prices - Gas pump prices jump as oil tops $100, US refinery shut down - The Canadian Press

Gas price at the pump is displayed at an Ottawa area gas station. Gas price at the pump is displayed at an Ottawa area gas station. Some people suspect the big oil companies are in cahoots with one another when it comes to fixing gas prices, but Toews said it is hard to prove collusion. Vince Lauerman, a global energy analyst with Geopolitics Central, said for each dollar increase in the price of oil per barrel, gas prices tend to go up by a cent per litre. read more

[Tags]prices, gas, 1, oil, price, 100, gas prices[/Tags]

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