\n<\/p>\n
Even as global oil prices dropped following the announcement of a ceasefire between the United States and Iran, local car sharing company Communauto announced Wednesday it will pass the increased cost of fuel to its customers.<\/p>\n
A barrel of crude oil dropped to $95.36 on April 8 according to CNBC, down from $112.95 the day prior. But at gas pumps throughout Montreal on Wednesday, prices still hovered around $2 per litre. Starting Saturday, Communauto will add a two-cent surcharge per minute, a four-cent surcharge per kilometre and a 60-cent surcharge per hour, due to the hike in oil prices.\u00a0<\/p>\n
Economists warn that it could take months for gas prices to drop down, and may never be the same again.<\/p>\n
\u201cThe truce, we don\u2019t know if it will hold. We don\u2019t know what will happen afterwards. We don\u2019t know how quickly the various installations will be rebuilt. So there\u2019s a lot of unknowns,\u201d said Normand Mousseau, a physics professor at the Universit\u00e9 de Montr\u00e9al and scientific director of the Institut de l\u2019\u00e9nergie Trottier.<\/p>\n
Mousseau added he doesn\u2019t think the energy market will return to what it was six weeks ago until \u201cprobably before the fall, at least.\u201d<\/p>\n
\u201cThere\u2019s a lot of tension in the Middle East, there\u2019s many installations that have been destroyed. So I think that will keep the pressure on the oil markets.\u201d<\/p>\n