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Irving vows to maintain stable fuel prices

SAINT JOHN, N.B. -- An Irving Oil spokesperson has downplayed the fears that oil prices will skyrocket in the after...


SAINT JOHN, N.B. — An Irving Oil spokesperson has downplayed the fears that oil prices will skyrocket in the aftermath of the tragedy which shook the base of New York city.

Fuel prices are not expected to rise sharply and the company is working to maintain a steady supply of fuel for it’s customers in Canada and across the United States, explains spokesperson Daniel Goodwin. The company does expect to see a rise in the wholesale price in the next few days, particularly for crude oil, but Goodwin could not speculate on long-term price increases.

OPEC countries have already assured countries around the world they were committed to maintaining a sufficient supply of oil, boding well for market stability.

Goodwin said the company was closely monitoring the situation in the United States and would work diligently to ensure a steady supply of fuel.

“Our thoughts at this time go out to the victims and the families of loved ones who were lost,” he says.


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