oil companies

Gas prices up by as much as 20 cents in some Canadian cities

Sep 29, 2022 | 10:26am

Gas prices jumped overnight in some cities across Canada by as much as almost 20 cents. According to the CAA’s gas price tracker, the price of gas is up nationally by just over three cents on average at 158 cents per litre, with some provinces seeing higher jumps than others. In Alberta, prices are up […]

Canada’s inflation rate slows to 7.6% in July as gas prices fall

Aug 16, 2022 | 8:39am

Canada’s year-over-year inflation rate slowed to 7.6 per cent in July, with the deceleration largely driven by a decline in gas prices. The inflation rate hit a nearly 40-year-high of 8.1 per cent in June, but economists were widely expecting inflation to have since slowed. In its latest consumer price index report, Statistics Canada said […]

Oil Companies Reaping Record Profit

Jul 29, 2022 | 12:06pm

With the price of gas being one of the major influences on inflation, this may be hard for you to swallow. Oil Companies have been announcing their second quarter earnings, and most are reporting record profit. In the U-S, Exxon Mobil earned a record 17.85-billion-dollars profit in just three months. In case you are wondering, […]