Summer Blend Switch Triggers Another Gas Price Increase
The annual transition to summer blend gasoline is set to lead to an increase in gas prices next week in Newfoundland and Labrador. This routine change typically results in higher costs for consumers.
Impact of Summer Blend Gasoline on Prices
According to Dan McTeague, President of Canadians for Affordable Energy, the summer blend is essential for warmer weather. However, its production is more expensive compared to regular gasoline blends.
Reasons for the Increase
The summer blend is designed to mitigate evaporation in high temperatures. This characteristic helps address emissions issues in vehicles, ensuring they operate efficiently during the hot months.
Expected Price Rise
- The switch will be implemented one week from today.
- Consumers can anticipate an additional cost of approximately 7 cents per litre.
As the summer season approaches, drivers in Newfoundland and Labrador should prepare for this price adjustment at the pump. Understanding the implications of the summer blend can help consumers plan their fuel budget accordingly.
