Gas could go back below a buck-a-litre at midnight
Posted Sep 17, 2015 07:05:12 AM.
This article is more than 5 years old.
We could see gas go below a dollar-per-litre when we wake up tomorrow morning.
Our newsroom is predicting that when the UARB resets prices overnight tonight they will fall by about 4 cents a litre.
George Murphy of Consumers for Fair Gas Prices told NEWS 95.7, oil inventories dropped this week, but the supply of gas is up.
“Most of the market analysts out there had anticipated that there would have been a bit of a build this week in inventories, but it was completely opposite,” he said.
In New Brunswick, prices fell by 2.7 cents overnight. That province’s regulator moving the maximum price for self-serve down to 104.8.
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