Gas Prices Jumping Up This Week #nltraffic

Gasoline prices are taking a big jump tonight. George Murphy says we will see prices increase by about 3.9 cents.

All other fuels are also going up. Heating and stove oils are expected to jump 1.7 cents a litre.

Diesel will increase by 2.1 cents.

There are a couple of factors to the price increases. Oil production is down two million barrels a day and the Canadian dollar is up a penny for the week.