In the past week, gas prices in Manitoba have fallen an average of 5 cents per litre.
In Manitoba, prices averaged 102.71 c/L yesterday, but today’s price at the Co-op gas bars in Dauphin is 104.9.
Patrick DeHaan, head of petroleum analysis for GasBuddy, urges motorists to be in no rush to fill up.
“Gas prices will drop in nearly every nook and cranny of the country, from the smallest cities to the largest metros, at a time of year that prices are usually rising, we'll see anything but that. The national average came into March like a lamb and will likely be leaving as a lion, with prices roaring lower."
He shares the reason for dropping prices.
“It's been an unprecedented week, one in which oil majors Russia and Saudi Arabia saw anything but eye-to-eye on lowering oil production, leading crude oil prices to plummet 20% in Sunday evening trade, combined with COVID-19 fears escalating, and gas prices have nowhere to go but down and like a rock."
Comparing Dauphin’s 104.9 c/L, Winnipeg is seeing prices hovering around 98.78 c/L and Saskatchewan has an average of 103.61 c/L.
