Gas prices expected to stay steady
Posted Apr 16, 2015 08:27:26 AM.
This article is more than 5 years old.
For a second week in a row, there will be very little change in the price of gasoline in Nova Scotia.
Our newsroom is predicting that when the UARB adjusts prices at midnight they with remain unchanged.
George Murphy of Consumers for Fair Gas Prices told News 95.7, long term predictions are showing only a small increase in the price for oil over the next two years.
“The futures markets are showing, through 2016, a $63 a barrel U.S., and $68 a barrel for the 2017 fiscal year,” said Murphy.
A small drop at the pump was recorded in New Brunswick overnight, regulated prices fell by 4/10ths of a cent, moving the maximum price per litre down to 110.5.
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