
Gas Prices Drop in Atlantic Provinces, But Not for Long
About this episode
Gas prices drop across Atlantic provinces, but experts warn of potential rebound due to Iran conflict. Commuters urged to fill up tanks now.
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Canada News Today | 2 Min News | The Daily News Now! — Gas Prices Drop in Atlantic Provinces, But Not for Long. Machine-transcribed; use the interactive transcript above to jump the player to any line.
Commuters and most Atlantic provinces are breathing easier at the pumps today with fresh drafts and gas prices approved by local regulators. Regular unleaded is cheaper across Newfoundland and Labrador, New Brunswick, Nova Scotia's Halifax area, while Prince Edward Island holds steady. In Newfoundland and Labrador, the maximum price fell 13.5 cents per liter. New Brunswick sliced 5 cents off airs, landing at 189.5 cents per liter. Halifax saw a smaller dip of 1.7 cents, but PEI's minimum stayed put just above 198 cents. Drivers are getting the word to stock up quick from experts like economics professor Constantine Paceris at the University of New Brunswick. He calls the next couple months a bumpy ride for Canadian wallets as fuel costs fluctuate. These brakes won't last long though, with market watches pointing to uncertainty from the Iran conflict shaking up global oil supplies. Prices could rebound any day now. So if you're rolling through the maritimes, top off that tank today and brace for whatever comes next on the fuel front.
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