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Saudi Arabia Drone Attack Doesn't Mean Much For Canadian Gas Prices

September 16, 2019

Following a drone attack on an oilfield in Saudi Arabia many are wondering what it means for gas prices in Canada.


The good news is not much...


Canadian retailers have already switched to the winter blend of gasoline. Winter-blended gasoline is cheaper.


After the attack the global oil production was reduced by about five percent.


A rebel group based in Yemen, The Houthi, has claimed responsibility for the attack.

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