hurricane Ike

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The price of oil falls, the price of gas soars… what gives?

Drivers across the country are seething mad. The price of oil has fallen from a high of $147 a barrel in early July to just over $100, but instead of lowering the price of gas, the gas stations have just hiked it up! Many parts of Canada saw a big jump at the pumps this morning, with prices up to as high at $1.36 a litre here in Toronto.