Fuel prices are on the rise again.

Gas is up by about a cent and a half. Diesel on the island increases by 2.7 cents and is up by 3.3 cents in Labrador West.

The price of furnace and stove oil increases by a little over 2 cents a litre.

Despite the slight increase today, the price of gas has dropped considerably over the last few days, providing consumers with a bit of relief, and one price-watcher says diesel needs to follow suit.

Dan McTeague of Canadians for Affordable Energy told VOCM Open Line with Brian Callahan that diesel prices should be lower than they are.

“A couple of weeks ago it was $5.06 a gallon; it’s now down to $4.49, so we should be seeing more than the 6 or 7 cent drop in diesel.”

He believes that as early as today or tomorrow, there will be a 2 or 3 cent decrease for diesel and maybe another 3-4 by the end of the week.”