REGINA- Gas prices across the country jumped on Thursday heading into the Easter long weekend.
“We’ve seen gas prices going up roughly four to six cents per litre across Saskatchewan,” said Jason Toews, co-founder of GasBuddy.com. “Saskatchewan is actually sitting quite well compared to the rest of the country. We always have higher gas prices than Alberta, but we’re right next in line to Alberta.”
Most drivers in Regina were paying $1.29 per litre on Friday, which is still 15 cents away from record-breaking.
The all-time high for Saskatchewan was set in September 2008 when the price hit $145.7. That was around the time of the destructive Hurricane Gustav.
“Anytime you go to another dime, whether it’s $1.40 or $1.50, there’s a psychological barrier and people think gas prices are so much more expensive,” said Toews.
The price of gas first broke the one dollar per litre mark in 2005. At that time, many stations had to put up new signs because their digital boards weren’t designed for the extra number on the pump price.
The last time Regina gasoline went below one dollar was in September 2010, according to GasBuddy.com. A year ago, the average price in Saskatchewan was $115.2.
As for why the price goes up, there never seems to be one clear answer.
This recent spike is being blamed on a falling Canadian dollar, a higher price for crude, and even the refinery explosion in Regina: “Certainly anytime there’s refinery issues, it does impact gasoline prices,” said Toews.
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