Calgary Herald

STICKER SHOCK

Calgary drivers see gas prices surge

- Emily KrEiBErg ekreiberg@CalgaryHer­ald.Com

Calgarians filling their vehicles Wednesday had to dig a little deeper as prices jumped almost 10 cents per litre overnight.

Michael Ervin, a petroleum consultant and analyst, says the hikes weren’t a surprise.

“For the past seven weeks, wholesale crude prices have been rising,” said Ervin, “but retailers were not passing those increases along.”

He said the situation forced the rise at the pumps.

“There was grossly insufficie­nt markup for retailers to sustain their operations,” Ervin said.

Ervin, though, predicted that gasoline prices will remain stable through the spring and summer.

“I don’t think the price will stay up if the increase is already at 10 cents,” he said.

Customers filling up at city pumps Wednesday were surprised by the price jump.

“It’s ridiculous,” said Samantha Sanderson, who has been driving in the province for the past six years.

“The new prices are pretty close to the highest I’ve seen in Alberta yet. It makes me not want to drive anymore.”

Small business owners who rely on their vehicles for com- pany purposes are also concerned by the sudden hike.

“It’s something to be infuriated about, for sure,” said Christophe­r Clark, owner of Rocky Mountain Management Services, which charges flat rates for moving and hauling services around the city.

“In such a competitiv­e business. It’s tough to potentiall­y have to raise my fees, but the costshavet­obemadeups­omewhere,” Clark said.

According to Wednesday data from calgarygas­prices. com, the city’s highest price was $1.19 per litre, with the lowest $1.06.9.

 ?? Gavin Young, Calgary Herald ?? The price of gasoline jumped in Calgary on Wednesday up to almost $ 1.18 per litre at many stations, including this Co-op outlet on 1st Street S.E.
Gavin Young, Calgary Herald The price of gasoline jumped in Calgary on Wednesday up to almost $ 1.18 per litre at many stations, including this Co-op outlet on 1st Street S.E.

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