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Oil analyst says jump at the pump called "restoring the market" by industry
If you didn't fill up your gas tank Wednesday, you may be regretting it today. The price at the pump jumped to 82.9 cents a litre, but some stations are still posting prices in the $0.64 to $0.70 cent range. Roger McKnight, an oil analyst at Enpro International, says this is generally a slow demand period for gasoline and the oil companies are taking low crude prices out on the consumer. "That creates a price war and they are just trying to keep their volumes up but the price reaches a...

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