Lethbridge residents currently paying some of the highest gas prices in Alberta
Lethbridge residents are paying some of the highest gas prices in the province right now and that has people here a little ticked off.
The average price for regular unleaded at city pumps is around a $1.17 a litre at the moment. Two hours up the highway in Calgary and people there are paying around 94-cents.
Dan McTeague is a petroleum analyst with GasBuddy.com. He says “Lethbridge gas stations, they know as well as I do that it’s costing them 99-cents a litre, maybe a dollar, to buy their fuel but they’re demanding 117.9 so that’s a pretty generous margin and that’s much higher than I’d expect for Lethbridge.”
McTeague says gas prices in Lethbridge should really be in the $1.10 per litre range right now and no higher, though he does expect prices will continue to drop.