National Energy Board Expects Gasoline Prices to Stay High All Summer
Posted on: Wednesday, 28 May 2008, 12:00 CDT
By THE CANADIAN PRESS
CALGARY - National Energy Board says there won't be any relief from high gasoline prices this summer.
The board's summer outlook says the main reason is the soaring cost of crude oil, which is expected to average US$130 a barrel. The board says natural gas prices are going up, too.
Price of natural gas is expected to remain between US$11 and US$13 per million per thousand cubic feet.
Source: Canadian Press
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