Gas prices hit new record in Nova Scotia, up 8.7 cents

By Chris Stoodley

Gas prices in Nova Scotia have reached a record high, as the Nova Scotia Utility and Review Board invoked the interrupter clause overnight.

Nova Scotians can now expect to pay 175.3 cents per litre for self-serve regular minimum — up 8.7 cents.

“This change is necessary due to significant shifts in the market prices of gasoline and diesel oil,” an NSUARB news release says.

The change comes just one day after Nova Scotia saw a record high in gas prices on Friday morning. Prices then had risen by more than 10 cents per litre to 166.6.

Anyone who needs diesel can also expect to pay higher prices, as it rose another 6.4 cents on Saturday to 190.1 cents per litre. On Friday, diesel had risen 17.2 cents.

Across Canada, gas prices continue to rise as Russia’s invasion of Ukraine continues to push oil prices to levels not seen in years.

Prices topped $2 per litre in Vancouver, while Toronto saw pumps reach $1.75 and Montreal witnessed a jump to $1.84 a litre.

Those prices are only expected to get worse.

In Ontario, gas prices are predicted to hit $1.849 per litre this weekend in the Greater Toronto Area.

Russia, which churns out 10 per cent of the world's global oil supply, is the third-largest producer after the United States and Saudi Arabia.

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