Diesel Jumps 7.1 Cents, Overnight

The price of diesel took a dramatic jump overnight after the Utility and Review Board used the interrupter clause for the second time this month.   Diesel went up by 7.1 cents a litre and now goes for a minimum of $1.29.8 in Cape Breton.   The price hike follows a jump of 4.6 cents a litre on Friday.   Analysts say the price increase was triggered by a shortage of diesel and furnace oil in the northeastern U-S and eastern Canada.   At the beginning of this the month the UARB used the interrupter clause to impose a mid-week 6.5 cent a litre jump in gasoline.   The Board is still scheduled to make its weekly adjustment to fuel prices overnight on Thursday.

Bobby Nock

Bobby grew up in Whycocomagh before moving to Halifax to attend university where he earned a Bachelor of Arts and a Bachelor of Journalism degree. After university, Bobby moved back to Cape Breton where he began working as a freelance journalist and has done work for both print media and as a broadcast journalist. As the News Director, Bobby Nock will get your day started by bringing you information that helps connect you to the community with all the latest in local news.

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