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Regina gas prices fall over past week

With Canada's carbon tax pause now in effect, the average price of gasoline has dropped sharply, as expected.
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REGINA - Average retail gasoline prices in Regina have fallen 17.4 c/L in the past week, averaging 139.48 c/L yesterday, according to GasBuddy's daily survey of 82 gas outlets in Regina. This compares with the national average that has fallen 19.2 c/L in the last week to 135.48 c/L, according to gasoline price website GasBuddy.com.

"With Canada's carbon tax pause now in effect, the average price of gasoline has dropped sharply, as expected—marking one of the largest single-week declines in Canadian gas prices we've ever seen and bringing prices to their lowest level since 2021," said Patrick De Haan, head of petroleum analysis at GasBuddy. "While some regions were impacted by refinery issues that diluted or offset the full benefit of the tax pause, most Canadians saw a significant drop in both gasoline and diesel prices. At the same time, economic uncertainty is rising due to new U.S. tariffs on a wide range of countries, which has sent oil prices plummeting to levels not seen since the early days of the pandemic. Canadians shouldn't feel rushed to fill up, as these tariffs have sparked growing concerns about a global economic slowdown—one that could drive oil demand even lower. Much lower gas prices are likely in the days ahead."

Including the change in gas prices in Regina during the past week, prices yesterday were 17.5 c/L lower than the same day one year ago and are 13.0 c/L lower than a month ago. The national average has decreased 14.9 c/L during the last month and stands 29.2 c/L lower than this day one year ago.

According to GasBuddy historical data, gasoline prices on April 7 in Regina have ranged widely over the last five years:
156.94 c/L in 2024, 158.78 c/L in 2023, 167.63 c/L in 2022, 126.47 c/L in 2021 and 72.58 c/L in 2020.

Areas near Regina and their current gas price climate:
Saskatoon- 135.16 c/L, down 18.6 c/L from last week's 153.73 c/L.
Saskatchewan- 136.76 c/L, down 17.5 c/L from last week's 154.22 c/L.
Winnipeg- 127.41 c/L, down 22.7 c/L from last week's 150.08 c/L.

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