Gas experts predict sharp rise in fuel prices

If you think fuel prices in the province are high now, just wait until summer.

Analysts are predicting a sharp increase in fuel prices, between 10 and 15 cents, that they say has nothing to do with Ottawa's carbon tax.

GasBuddy senior petroleum analyst Dan McTeague tells CBC prices could shoot up about five cents this week as Eastern Canada shifts from winter to summer gas.   

IHS Markit's Susan Bell meanwhile, says fuel prices are expected to increase by 10 cents by summer's end as an inventory glut loosens its grip on the market.

But the analysts are split over how much the carbon tax will affect consumers.

(with files from CBC)