Alberta drivers face another jump at the pump after Illinois refinery outage
This latest price jump isn't the first this year, as the ongoing war in Iran and blockage of the Strait of Hormuz are causing costs to soar.
Alberta residents are facing another increase at the gas pump following an outage at an Illinois refinery. While global disruptions have kept fuel costs high this summer, this recent spike is not caused by those issues, but rather a power failure at a specific refinery. The Exxon Mobil Joliet refinery in Channahon, Illinois, lost power on Sunday and has not yet resumed operations as of Tuesday afternoon.
The price increase, as much as $0.30 in some locations, saw Edmonton gas stations at $1.81 per litre and Calgary at $1.84 per litre. This is a far cry from the earlier gas price range of $1.80 to $1.50 seen throughout the spring and into July. Dan McTeague, president of Canadians for Affordable Energy, attributes this latest jump to the Illinois refinery outage, estimating it adds $0.18 to gas and $0.24 to $0.25 for diesel.
Though the effect may be temporary, McTeague cautions that diesel prices, currently double their levels from this time last year, could make transportation and other services more expensive in the coming weeks.
Written by urgent.news from Global News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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