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Record gas prices in Canada expected to stay high into winter

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The rising cost of gasoline is breaking records across Canada amid the country’s COVID-19 pandemic recovery.

Demand was so low in April 2020 that oil was somehow selling for below zero dollars. Today, demand has seen crude surge to a seven-year high.

But as Mike Drolet explains, the shift to green energy means oil production is much lower than usual, and that’s fueling a shortage worldwide.

For more info, please go to https://globalnews.ca/news/8245318/natural-gas-prices-canada-inflation/

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Category
U.S. & Canada
Tags
global news, gas prices, rising gas prices
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