N.S. gas prices poised for small drop
Posted Nov 3, 2011 04:47:18 AM.
This article is more than 5 years old.
Gas prices are poised for another drop this week, but only a small one.
News 95.7 is predicting regulated prices will fall by one to two cents a litre this week, moving the price of regular self-serve down to $1.22 or $1.23 a litre.
Wholesale prices have fallen steadily this week, along with the loonie, and the greek debt crisis threw global markets into turmoil after the prime minister announced he’d take a bailout package to a referendum.
In New Brunswick, regulated prices fell 1.3 cents a litre to a new maximum of $1.249, though most stations will sell for a couple of cents less.
Diesel prices went up by 0.3 cents a litre to a new maximum of $1.376.
In Toronto, where the market isn’t regulated, prices fell by less than a penny overnight to $1.216.