REGINA - Average retail gasoline prices in Regina have fallen 0.9 cents a litre in the past week, averaging 149.55 cents yesterday, according to GasBuddy's daily survey of 82 gas outlets in Regina. The national average increased 0.7 cents in the last week to 153.63 cents per litre.
Including the change in gas prices in Regina during the past week, prices yesterday were 16.8 cents per litre higher than the same day one year ago and are 3.8 cents per litre higher than a month ago, according to gasoline price website GasBuddy.com. The national average has increased 3.7 cents per litre during the last month and stands 11.8 cents per litre higher than this day one year ago.
"Canada's fuel market remains relatively stable for now, despite ongoing selling pressure in oil markets. However, with President Trump imposing tariffs on Canadian and Mexican energy, some regions may start to see gas prices creep higher," said Patrick De Haan, head of petroleum analysis at GasBuddy. "Trump's new trade war has already sparked retaliatory tariffs on U.S. goods, raising concerns about further economic strain. While, on paper, U.S. tariffs on Canadian energy could have significant repercussions, a prolonged trade war could weaken global economies, reducing demand and partially offsetting the impact. For now, any effects on fuel prices in Canada are likely to be gradual and modest, though regions that rely on U.S. refined fuel imports — such as Eastern Canada — may see some price fluctuations in the weeks ahead."
According to GasBuddy historical data, gasoline prices on Feb. 3 in Regina have ranged widely over the last five years:
132.73 cents per litre in 2024;
146.14 cents per litre in 2023;
139.34 cents per litre in 2022;
107.89 cents per litre in 2021; and
106.33 cents per litre in 2020.
Areas near Regina and their current gas price climate:
Saskatoon- 151.20 cents per litre, flat from last week's 151.22 cents per litre.
Saskatchewan- 150.42 cents per litre, down 0.3 cents per litre from last week's 150.75 cents per litre.
Winnipeg- 143.39 cents per litre, down 3.5 cents per litre from last week's 146.84 cents per litre.
