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Regina gas prices jump 16 cents overnight

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Gas prices jumped up to $1.24 from $1.08. Karen Brownlee/CJME

By Alec Salloum

Gas jumped to $1.24 per litre on Wednesday, up from $1.08 on Tuesday. Making the 16 cent increase one the most drastic one day jump in recent memory.

The spike in gas comes amid the lowest cost for crude oil in six years.

Roger McKnight, chief petroleum analyst with Enpro, says these commodities are not attached at the hip, as many think.

“A lot of it has to do with the loonie, and a lot of it has to do with refinery outages, and the time of year,” said McKnight.

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