Price for Gas Down Slightly

Gas prices have come back to earth a little bit in the last month or so.

According to Gas Buddy Dot Com, the average price in Regina dropped 7/10ths of a cent in the last week to 154.68 cents per litre. That’s below the national average of 166.55.

Gas prices in Regina are almost 24 cents higher than a year ago, but 31 cents per litre lower than we were paying a month ago.

“While some areas saw gas prices rise slightly last week, the national average saw yet another weekly decline, extending the streak to ten straight weeks. The pace of declines is certainly slowing down as oil prices have bounced up slightly, but the West and East Coasts are areas that still may see gas prices decline, while the Prairies and Central Canada see the drop fade and potentially slight increases,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Thus far, Mother Nature has spared us from disruptions from hurricanes, but that remains a wildcard as we head into the peak of hurricane season.”

 

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