Saskatchewan drivers are enduring more pain at the gas pumps.
Gas prices hit another record in the province on Tuesday as some stations in Saskatoon and Regina began hiking prices to $1.95.9 per litre.
Gas analyst and president of Canadians for Affordable Energy Dan McTeague said even with the higher cost of driving, people are not parking their vehicles.
“While we’re complaining a lot, it’s not slowing down demand for diesel and for gasoline,” said McTeague.
“It really speaks to the shortage, a shortage that has been a long time coming given the Canadian government’s policies of killing pipelines and attacks on the oil and gas sector.”
The latest increase comes with oil prices hovering over $110 per barrel this week.
The Saskatchewan NDP has pushed for
relief measures from the provincial government to help make life easier for drivers feeling the pinch at the pumps.
Alberta has paused the collection of the provincial tax on gas and diesel sales, and while Saskatchewan Premier Scott Moe said his government is looking at measures to help people manage the increasing cost of living, he stopped short of committing to cutting the fuel tax.
McTeague doesn’t see any relief in the future.
With the summer driving season in Canada ramping up, the war in Ukraine and lockdowns lifting in China, McTeague said oil supplies will remain tight.
“All of these things could lead to higher gas prices,” McTeague predicted.
“(Saskatchewan) is really on the doorstep of the $2 reality. It’s likely we could see prices go higher, not just here, but right across around the world.”
McTeague said he believes it won’t be long before the average gas price in the country surpasses $2 per litre.
Saskatchewan drivers are enduring more pain at the gas pumps. Gas prices hit another record in the province on Tuesday as some stations in Saskatoon a...
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Personally, my Girlfriend & I each have a 70L tank on our vehicles. We’re each trying to limit ourselves to 1 tank per vehicle per month. Combined that’s 140L at $1.95/L so $273.00 a month in fuel….
I commute in mine to work in the morning, home at lunch, back to work for the afternoon, & home afterwards….with the occasional “only a truck can do this” run to either the garage dump or Waxies Bobcat, etc…so I’m getting 88 trips to or from work and a few other odd trips out of a tank of fuel in a month…with a 5.3L carbureted Magnum V8. Driving very gently….
We do all of our other running (pharmacy, appointments, groceries, trips to the office once or twice a weekend, etc…) in the fuel sipping Suzuki SUV. That’s not insurance or maintenance, etc…just fuel. With my Girlfriend being permanently disabled this SUV is part of her independence.
We are at the bare minimum for fuel usage for our lifestyle at this point regardless of what the price of fuel or carbon taxes does. Every increase in fuel now just subtracts something else.