Why is gas more expensive in the summer? Competition, logistics — and the blend

Why is gas more expensive in the summer? Competition, logistics — and the blend

Cost of Living5:50Why is gas always more expensive in the summer? As summer approaches, Canadian drivers have likely already experienced the all-too-familiar rise in prices at gas station pumps. A boosted demand for gasoline by people on road trips affects prices, as did the latest increase in the federal carbon tax in most provinces and territories.  But there’s another key … Read more

May startup of Trans Mountain pipeline expansion surprises analysts

May startup of Trans Mountain pipeline expansion surprises analysts

Trans Mountain’s announcement that its expanded oil pipeline would start commercial operations on May 1 has surprised analysts with an earlier-than-expected commencement on the long-delayed $34 billion project. The federal government-owned company set the date late on Wednesday, having previously said startup would happen in the second quarter. Canada is the fourth-largest oil producer but output has been … Read more