Gasbuddy.com’s survey on Sunday of 81 gas outlets in Saskatoon shows that gas prices have risen 7.2 cents per litre in the last week now averageing 120.38 c/L. The national average saw a 2.5 c/L increase last week to 124.16 c/L

Patrick De Haan, head of petroleum analysis at GasBuddy says gas prices moved higher in most province in part due to a weaker Canadian dollar which can add to costs since oil is globally priced in U.S. dollars.

He also added that, “While the situation in Venezuela has dominated headlines, it’s far too early for any measurable impact on what Canadians are paying at the pump- whether prices go up or down- as it would likely take years to see a meaningful increase in oil output there.”

De Haan notes that gas prices remain seasonally lower overall. Including the change in gas prices in Saskatoon during the past week, prices Sunday were 30.3 c/L lower than the same day a year ago.