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Fuel Prices Plummet Across N.B.

After steep increases over the past week, New Brunswick drivers are getting some relief at the fuel pumps.

The Energy and Utilities Board invoked its interrupter clause Thursday night to lower prices substantially.

Regular self-serve is now selling for a maximum price of just under $1.71 per litre, a drop of nearly 16 cents.

Diesel prices fell by more than 36 cents to a maximum price of just over $1.78 per litre.

The price for heating oil is also down by around the same amount to just over $1.60 per litre.

Crude oil prices have been volatile since Russia’s invasion of Ukraine last month and have impacted retail gasoline and diesel prices on both sides of the Atlantic.

Before Thursday night’s decrease, gas prices rose by nearly 28 cents over the past week, while diesel prices jumped by almost 42 cents.

  • Brad Perry is an award-winning news anchor and reporter and a 2013 graduate of the NBCC journalism program. Based in New Brunswick, he is also the assistant national news director for Acadia Broadcasting. Contact Brad at perry.brad@radioabl.ca.

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