Fuel Price Hike Hits Maritime Provinces: Residents Feel the Squeeze

HALIFAX – Residents in Nova Scotia and Prince Edward Island are facing a significant financial burden as petrol and diesel prices surged overnight. While these two Maritime provinces saw a sharp uptick, prices in New Brunswick have remained steady for the time being. A synchronized fuel price adjustment for all three provinces is expected to take place this coming Friday.

Nova Scotia

In Nova Scotia, the provincial regulator triggered an interrupter clause due to fluctuations in global crude oil market prices. In the capital region of Halifax, the price of regular self-serve gasoline jumped by 7.1 cents, bringing the cost to 182.9 cents per litre. Diesel saw an even steeper hike, increasing by 10.9 cents to reach 246.7 cents per litre. Meanwhile, in Cape Breton, prices are slightly higher, with gasoline retailing at 184.9 cents and diesel at 248.6 cents per litre.

Prince Edward Island (PEI)

Prince Edward Island witnessed the most dramatic increase following Tuesday’s price adjustment. The cost of regular gasoline rose by 8.2 cents, pushing the pump price to 194.8 cents per litre. Diesel prices on the island saw a massive spike of 13.8 cents, bringing the current rate to 256.3 cents per litre, further straining the budgets of commuters and transport businesses alike.

New Brunswick

In contrast to its neighbors, New Brunswick has seen no change in fuel costs during this mid-week shift. Gasoline prices in the province remain stable at 183.8 cents per litre, while diesel continues to retail at 257.7 cents per litre. However, industry experts and consumers are closely watching the markets ahead of Friday’s scheduled adjustment to see if New Brunswick will follow the upward trend seen elsewhere in the Maritimes.

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