Gas prices in Nova Scotia expected to jump again at midnight
CBC
The Nova Scotia Utility and Review Board is is set to adjust fuel prices for the third time in a week, and those prices are expected to rise.
The UARB invoked its interrupter clause Monday, foreshadowing a price change at midnight. Gas prices have risen 19 cents since last week.
CBC News reporter Robert Jones, who makes gas price predictions for the network, said he expects the price of gas to increase by 10 cents per litre and the price of diesel to increase by 12 cents per litre.
On Monday, the minimum price of regular self-serve gas per litre ranged from 175.3 cents in the Halifax area to 177.2 cents in Cape Breton. The minimum price of diesel per litre ranged from 190.1 cents in the Halifax area to a minimum of 192.1 in Cape Breton.
The cost to fill a tank of gas in Nova Scotia has been hitting record highs as Russia's invasion of Ukraine puts more pressure on oil prices.
The UARB invoked the interrupter clause for just diesel on March 1, gas prices jumped 10 cents on Friday, then the UARB invoked the interrupter clause again Saturday, increasing gas and diesel prices by nine cents.
The clause is used to respond to sudden spikes, up or down, in petroleum product prices. The board considers using the interrupter when prices shift up or down by six to eight cents.
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