Nova Scotia gas prices reach record high

Gas prices in Nova Scotia are at a record high Friday.

The current price at the pumps in the province isa minimum of 147 cents per litre in Halifax and Hants counties and a minimum of 149 cents per litre in Cape Breton for self-serve, regular unleaded gasoline.

Others regions of the province have minimums between 147.6 and 148.2 cents per litre.

The Nova Scotia Utility and Review Board, which regulates gas prices in the province, issues minimum and maximum prices weekly in each geographic zone.

Since gas became regulated in July 2006, the highest price wasreached on April 25, 2014, when the price at the pumps hit 145.6 cents per litre for self-serve, regularunleaded gas in Halifax. In Cape Breton that week, the price was 147.5 per litre. Prices for other types of unleaded gas or diesel were even higher.

The website GasBuddy.com tracks gas prices, which have increased sharply over at least the last 18 months.

CBC News reporter Robert Jones, who makes gas price predictions for the network, said prices did edge into the range of $1.40 per litre the aftermath of Hurricane Katrina in late August 2005. That was before gas was regulated, and hesaidindividual gas stations may have charged even more.