
Posted by Jeremy_
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on 12/8/2008, 10:27 am
65.93.173.238
From today's newspaper:
Ottawa continues to have the lowest gas price in the country. On Sunday, according to OttawaGasPrices.com, regular fuel dipped to 67.4 cents per litre at some stations in the city. It was 66.6 cents per litre at some stations in Kemptville.
After peaking at 135.6 cents per litre on July 7, the price has been steadily decreasing.
The average price of gasoline in Ontario hasn’t dropped since 2002, the Ontario Ministry of Energy and Infrastructure reports.
But will prices continue to fall? Experts say they should remain low for the next six months to a year, but it’s impossible to know for sure.
“We can be fairly certain that the pump prices won’t rise between now and the springtime,” said Michael Ervin, president of M.J. Ervin and Associates Inc., an Alberta-based petroleum market research film.
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