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Gas prices expected to drop slightly this week in Nova Scotia

Our newsroom is predicting that when regulated prices are adjusted at midnight, they will fall by about a penny per litre.
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Gas prices
A motorist reaches for the pump at a gas station on Feburary 24, 2011. THE CANADIAN PRESS/Patrick Dell

There may be some relief coming to gasoline pumps across Nova Scotia this week,

Our newsroom is predicting that when regulated prices are adjusted at midnight, they will fall by about a penny per litre.

George Murphy of Consumers for Fair Gas Prices says market indicators are showing that more oil is coming to the markets for sale, which impacts price.

"The last U.S. report showed a pretty good build in crude oil inventory, along with a 1.9 million barrel build in gasoline inventory so the signals are there," said Murphy. 

Across the border in New Brunswick, regulated prices fell by 1.3 cents to a new maximum price of 133.9.




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Dan Ahlstrand

About the Author: Dan Ahlstrand

Dan Ahlstrand is the Managing Editor at News 95.7 and anchors The Morning News on News 95.7 each weekday morning from 5:00 a.m. to 9:00 a.m.
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