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OP-ED: When oil surges, grocery bills follow

"The barrel of oil has now crossed the $90 mark, and some analysts are warning that it could soon exceed $100. If that happens, Canadians should brace themselves at the grocery store."

Mar 09, 2026
∙ Paid
Source: Adobe Stock

Author: Sylvain Charlebois

The barrel of oil has now crossed the $90 mark, and some analysts are warning that it could soon exceed $100. If that happens, Canadians should brace themselves—not at the gas pump, but at the grocery store.

We have seen this movie before. Oil shocks in 2008, 2011 and again in 2022 all triggered noticeable inc…

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