CALGARY, Alberta -- Average gasoline prices in Canada have fallen to their lowest level in eight months, according to a national survey of pump prices, reported CBC News.
The average price of a liter of regular gasoline dropped 0.3 cents (Canadian) over the past week to 87.1 cents. That's the lowest since the 86.7-cent average reported February 21 by MJ Ervin & Associates, a Calgary, Alberta-based petroleum consulting firm that track retail fuel prices in Canada.
Last year at this time, motorists were paying 97.6 cents a liter [image-nocss] as the post-Hurricane Katrina price shocks were slowly easing.
Stations in southern Ontario and Edmonton had the lowest prices according to the survey, with St. Catharines, Ont., motorists paying 77.4 cents and Peterborough drivers paying 79 cents. Motorists in Edmonton paid 78.3 cents.
The highest prices among the communities surveyed were found in Labrador City, at $1.049 and Fort St. John, B.C., at $1.054. Those two communities were the only markets in the MJ Ervin survey where the price of gasoline was above $1 a liter.
The Ervin survey looks at prices at more than 400 stations in 60 markets across the country.
Click here to view the latest chart.
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