Gas prices expected to drop this week
Posted Dec 19, 2013 06:48:00 AM.
This article is more than 5 years old.
Expect a bit of an early Christmas gift coming at the gas pump.
Our newsroom is predicting that prices will drop by about 2 cents a litre at midnight.
George Murphy of Consumers for Fair Gas Prices told News 95.7 that the drop comes at a perfect time.
“The time of the year that this is happening, it makes you believe that Santa Claus owns an oil refinery or something somewhere, because we’re getting a little bit of a gift this week. It’s coming at the same time as probably a lot of people are starting their Christmas holiday traveling,” explained Murphy.
Murphy added a stronger Canadian dollar along with more gasoline being available on the markets is driving prices down.
Across the border in New Brunswick a significant drop at the pump overnight.
The price for regular self-serve fell by 4.2 cents a litre to a new maximum price of $127.3.
