Downward trend in gas prices continues
Posted Jan 2, 2015 07:22:11 AM.
This article is more than 5 years old.
The Boxing Week sale continues as Nova Scotians start off 2015 with another drop at the gas pumps.
Regulated gas prices fell at midnight by 3.2 cents a litre to a new minimum of 94.3.
A bigger drop this morning in the price of diesel, fuel price fell by 4.6 cents a litre to a new minimum price of 107.4.
One year ago we were paying $1.35 for gasoline, $1.42 for diesel. Oil was trading at $95.39 U.S., which is just under $42 a barrel more than yesterday’s closing price of $52.40.
According to GasBuddy.com, the average price of regular gasoline across Canada has dipped to less than 96-cents a litre.
That’s down almost two cents from a week ago.
In the United States, a survey shows the average price of regular is down to $2.24 U.S. per American gallon — which converts to 69-cents a litre in Canadian money.
