As the price of ordinary self-serve gasoline increased by 5. 2 cents on Friday, gas costs in Nova Scotia are still on the rise.
In Nova Scotia, the cost of standard, unleaded self-serve gasoline now ranges from 176. 3 to 178. 5 cents per litre in the Halifax region to 178. 3 to 180. 5 cents per litre in the Cape Breton region.
Consumers now pay between 226.2 and 228.5 cents per litre in Halifax and 228.2 to 230.50 cents per litre in Cape Breton due to a 2. 5 cent increase in diesel prices over night.
Although there was some reprieve for drivers in September, gas prices have been rising over the past four weeks.
The interrupter provision, which enables the Nova Scotia Utility and Review Board to alter gas rates outside of the usual weekly update, was triggered four times in the previous month alone, demonstrating the continued volatility of the cost of fuel.
Late in the spring, the maximum price of gas in Nova Scotia reached a record high of 217.
On June 10, the Halifax region will charge 5 cents per litre.
This was a part of a nationwide trend of rising fuel prices and was caused by a number of factors, including the conflict in the Ukraine and low supply as oil companies struggled to satisfy the rising demand amid loosening COVID-19 limitations.
After then, prices started to gradually decline over the past few months, peaking at a price of 151. 4 cents per litre in the Halifax region on September 9 after three months.
Since that time, petrol prices have started to increase once more. Diesel prices have also been rising over the last few weeks, with the cost shooting up by 40. 2 cents since the end of September..
As gasoline costs continue to rise, gas prices in Nova Scotia increase by 5 cents.
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