Cold weather, Houthi attacks causing gas prices to surge in Winnipeg
CTV
Gas prices are on their way up in Winnipeg, and it’s largely because of the frigid temperatures.
Gas prices are on their way up in Winnipeg, and it’s largely because of the frigid temperatures.
According to Patrick De Haan, head of petroleum analysis at GasBuddy, the city has seen a jump of eight cents a litre over the last week.
He said this is because of the extremely cold weather causing some refineries in the United States to shut down.
“It also caused a lot of oil production to temporarily go offline because of those sub-freezing temperatures,” he explained.
The Houthi attacks in the Red Sea have also caused the price increase at the pumps, as they have driven up the price of oil to about $75 a barrel.
“There’s been a bit of renewed pressure on the price of gasoline and unfortunately that’s showing up at gas bars across much of the province,” De Haan said.
As for whether Winnipeggers can expect prices to lower any time soon, De Haan said this won’t be the case.
