Calgary drivers see gas prices surge
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.