In Dauphin, the 74.9 cents per litre price hasn’t changed in two weeks.
The average price of gas in Manitoba hasn’t changed in Manitoba in the past week, sticking at 70.95 c/L.
The national average fell by about half a cent in the last week to 76.25 c/L, which doesn’t shock Patrick DeHaan, head of petroleum analysis for GasBuddy.
“As expected, and for the seventh straight week, the Canadian national average moved lower, although the pace has slowed as retail now has caught up to the drop in oil prices. And good news for consumers- contrary to popular belief, an OPEC deal over the weekend to cut oil production may only have a small near-term impact on gasoline prices. Establishing a floor on ultra-low oil prices will hopefully keep Canadian oil production online instead of bankrupting producers. The aim is exactly that- keep production online- which will keep prices affordable going forward, instead of ultra-low prices shutting in oil production, leading to a slingshot in gas prices years from now. Going back to gas prices, I expect prices to continue moderating for now, as gasoline demand appears to remain near 50-year lows."
Dauphin’s gas price of 74.9 c/L is higher than the average price of 74.20 c/L in Saskatchewan, and Winnipeg’s price of 66.73 c/L.
