Gas prices and diesel prices take a tumble this week - Action News
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Nova Scotia

Gas prices and diesel prices take a tumble this week

Drivers are finally getting a bit of a break at the pumps as low oil prices continue to drop.

Regular gas is down to 90.4 cents per litre; diesel is down to 87.6 cents per litre

Diesel is down to 87.6 cents per litre this week. That's the lowest price since before the Nova Scotia Utility and Review Board started keeping track of prices in October 2009. (Mark Blinch/Reuters)

Drivers are finally getting a bit of a break at the pumps as low oil prices continue to drop.

Regular gas is down to 90.4 cents per litre this week, the lowest it's been since Jan. 16, 2015 when it dipped to 88.6 cents per litre.

Diesel is down to 87.6 cents per litre thisweek. That's the lowest price since before the Nova Scotia Utility and Review Board started keeping track of prices in October 2009.

Before Oct.1, 2009, prices for petroleum products were regulated by Service Nova Scotia and Municipal Relations, a department of the Nova Scotia government.

The benchmark West Texas intermediate crudedipped briefly below $30 US a barrel this week,hitting 12-year lows. If theU.S. dollar continues to rocket skyward, oilcould drop as low as$20 US, according to analysts.