Gas prices on the rise around Ottawa

Posted Jul 7, 2011 05:32:07 AM.

This article is more than 5 years old.

Congratulate yourself if you filled your tank up Wednesday.

Prices dipped to just a $1.18 Wednesday afternoon and if you held off thinking that would hold Thursday, be prepared for some sticker shock.

Prices at the pumps around Ottawa sit at a $1.26 a litre Thursday morning.

The increase is being blamed on the markets that have moved on after the International Energy Agency’s release of 60- million barrels of crude and oil products last week.

Oil futures are up again after a forecast of lower U.S. inventories.

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