Nova Scotians have had gas prices spike three times in the last two weeks, with the Utility and Review Board invoking the interrupter clause on Sept. 2 to raise the price. (The Associated Press)
A petroleum analyst is questioning Nova Scotia’s practice of setting weekly gas prices after large recent swings in the cost of filling up.
Dan McTeague with gasbuddy.com said the price of gasoline on global markets has been steadily going down since Hurricane Harvey caused it to spike, and dropped “dramatically so as early as late last week.”
He’s criticizing the Nova Scotia Utility and Review Board for following its weekly adjustment schedule and waiting until last night to drop the price of regular gasoline, which went down eight and a half cents to $1.15 per litre.
Read full story here: Gasoline Analyst Questions N.S.’s Regulated System After Price Swings – Nova Scotia – CBC News
