Gas prices jump in all three Maritime provinces

The price of gas and diesel increased significantly in all three Maritime provinces overnight.

Nova Scotia

The price of regular self-serve gasoline in the Halifax area increased by 6.4 cents. The new minimum price is 145.7 cents per litre.

The price of diesel increased by 15.8 cents. The minimum price is now 156.4 cents per litre.

In Cape Breton, the price of regular self-serve gasoline is 147.6 cents per litre and the price of diesel is 158.3 cents per litre.

The price of gas is still down from the same time last year in the province. The minimum price in the Halifax area on June 21, 2024 was 172.1 cents.

Prince Edward Island

The price of regular self-serve gasoline on P.E.I. increased by 7.6 cents. The new minimum price is 154.8 cents per litre.

The price of diesel increased by 17.3 cents on the island. The minimum price is now 167.1 cents per litre.

New Brunswick

In New Brunswick, the price of regular self-serve gasoline increased by 4.7 cents. The new maximum price is 146.8 cents per litre.

The price of diesel increased by 14.5 cents. The new maximum price in the province is 157.4 cents per litre.

Cause of the rise

Petroleum analyst Patrick De Haan said the price jump is tied to low inventories.

“Part of the reason is that diesel inventories are at some of the lowest levels that we’ve seen for this time of year in many years,” De Haan said. “They’re about 20 per cent below average for this time of year.”

-With files from CTV News Atlantic’s Jonathan MacInnis