Esso’s On The Run multi-pump station at Mt. Pleasant Rd. and Merton St. was jammed Friday (August 28, 2015) as drivers flocked to local gas bars for 99.9 cent-a-litre regular gasoline. That price is the lowest seen in more than four years, according to experts. Prices vary by market. Regular is as much as $1.05 in Vancouver to 76.9 cents in Edmonton to 98.9 cents in St. John’s, according to the Gas Buddy website. But the average yesterday was 99 cents a litre. According to Gas Buddy authority Dan McTeague prices may keep dropping into early next year. The discovery of petroleum in the U.S. by fracking has set up a struggle between OPEC and American producers that augers well for lower prices in the foreseeable future.
