It’s no secret; gas prices across Saskatchewan are getting quite high.
Gasbuddy’s Dan McTeague says while the Kinder Morgan dispute is playing some role, it isn’t as big as it seems.
“One of the things that most people tend to ignore is the value of the Canadian dollar,” McTeague says. “As long as we can’t get our oil to market, and we have major investments and significant increases in output this year, both in Alberta and here in Saskatchewan, is being hemmed in because of moves by various groups, and BC in particular.”
The average price of gas in Regina is mainly in the 1.20/litre area, but some centres, particularly in BC, are upwards of a $1.43/litre.
However, Gas Buddy’s Dan McTeague says help could be on the way in the coming weeks.
“Two of our refineries in Edmonton are currently experiencing a maintenance issue, and so they are down for the time being, that means their wholesale prices are a little higher than we would expect,” McTeague says. “Once those refineries end, and the upgrader goes back online, I’m sensing you’re going to see prices at the high end of a $1.17-$1.18 range, moving as low as $1.10 (per litre).”
McTeague also says Saskatchewan’s stance on the carbon tax is keeping prices down, adding Manitoba could soon see a jump of six cents per litre with the implementation of their carbon tax.