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Gas Is Still $1.81 a Litre: Why Pump Prices Won't Fall (and What to Do Before Winter)

  Canadians hoping for relief at the pump got bad news heading into this week: it isn't coming soon. The national average for regular gas was $1.81 a litre on Friday, according to Kalibrate, with provincial averages ranging from $1.557 in Alberta to $2.156 in Newfoundland, per GasBuddy. That's after a big policy move. On Friday the G7 announced plans to release 100 million barrels of oil right away, starting with diesel. Brent crude dipped on the news, then climbed back to about US$102 a barrel by the afternoon. Don't expect the release to show up at your station, because crude is only half the story. Crude oil explains only half your pump price Wood Mackenzie's Jim Mitchell says crude makes up 50 to 60 per cent of the retail price of gas. The rest is the cost of refining it, and that's where the squeeze is. Bank of Canada Governor Tiff Macklem pointed to damaged refining capacity worldwide in a Sept. 21 speech, noting that pump prices reflect crude roughly US$40 a ...

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Your daily horoscope: April 11, 2025

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

The bigger the challenges that come your way this year the more you will enjoy dealing with them. It makes you feel good to show the doubters and the doom mongers that, unlike them, you have what it takes to always be on top of your game.

ARIES (March 21 - April 20):

Turn your hand to something creative today and show the world what a talented individual you truly are. If anyone tries to tell you that you are aiming too high or biting off more than you can chew just ignore them. Most likely they are jealous.

TAURUS (April 21 - May 21):

The next few days could get a bit intense, especially on the work front where people you usually get along with become unco-operative for no good reason. There is no point getting angry with them – just grin and bear it until the cosmic picture changes.

GEMINI (May 22 - June 21):

The more the people around you get depressed about current events the more upbeat you must be, both about your own prospects and the state of the world in general. The mind is a powerful tool and can bring light to even the darkest moments.

CANCER (June 22 - July 23):

The approaching full moon suggests that someone is going to try to rain on your parade but they will only succeed if you choose to take them seriously. Don’t just smile at their efforts, laugh out loud so they can see you are completely unaffected.

LEO (July 24 - Aug. 23):

You seem to be plagued by doubts at the moment but the fact is you are fussing about things that are of only minor significance. Those doubts will have disappeared by the time Mars moves in your favor a week from now, so try to ignore them.

VIRGO (Aug. 24 - Sept. 23):

You have a tendency to worry too much and as the full moon is about to highlight the financial area of your chart money concerns will be to the fore. You are also the most practical member of the zodiac, so find ways to make ends meet.

LIBRA (Sept. 24 - Oct. 23):

Try not to draw too much attention to yourself today because the full moon in your sign could make you a target for troublemakers. Keep a low profile and, if you do encounter any confrontational behaviour, just turn your back and walk away.

SCORPIO (Oct. 24 - Nov. 22):

Before you sign up to some sort of deal you must make sure it is on the level. Even if it is on the level will it benefit you in terms of what you get back compared to what you put in? If in doubt, just say “No thanks”.

SAGITTARIUS (Nov. 23 - Dec. 21):

Set your sights high today but don’t expect miracles. This could be one of those times when the more you push yourself forward the more forces over which you have no control will hold you back. Maybe the universe is trying to tell you something?

CAPRICORN (Dec. 22 - Jan. 20):

Words can hurt as well as heal and if you say something provocative today it could come back at you over the weekend when the moon is full. On the work front especially be extra careful not to annoy people in positions of power.

AQUARIUS (Jan. 21 - Feb. 19):

You may want to get past a challenging situation as quickly as possible but it would appear that someone else wants to drag it out indefinitely. You are under no obligation to play their silly games, so have nothing further to do with them.

PISCES (Feb. 20 - Mar. 20):

You will need to call on all your powers of patience and perseverance to see a task through to the end. You will also need to deal with someone who seems to delight in making minor setbacks seem like the end of the world. Deal with them harshly.

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