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    Calgary gas prices hit 16-month high, with tax increases on the way

    YYC TimesBy YYC TimesMarch 27, 2024No Comments2 Mins Read

    Fuel costs are on the rise in Calgary with the common worth up greater than six cents in simply a few days.

    The common retail worth was sitting at simply over $1.52/litre on Tuesday afternoon, in keeping with GasBuddy.

    The quantity presents a stark rise from simply two days earlier when the common worth was near $145.7/litre.

    Based on the location, the priciest fill-up within the metropolis is simply shy of $1.60/litre — 11 cents increased than the costliest station on Monday.

    The most cost effective worth is sitting at just below $1.37 as of late Tuesday.

    Fuel costs leaping — particularly the excessive finish.
    Metropolis common up 3 cents in 24 hrs.. however the costliest fill-up in Calgary is now at $1.59.9–11 cents increased than yesterday.

    Lowest is regular at $1.36.9–when you see it close to there, bounce to the pump.#ABRoads #yyctraffic pic.twitter.com/MBsrOx3dEd

    — CityNews Calgary Site visitors (@CityNews660) March 26, 2024

    The common worth to fill-up in Calgary bottomed out across the finish of 2023 and has seen a gradual rise of roughly 36 cents since. The common retail worth within the metropolis on New Yr’s Day was $1.14/litre.

    Knowledge from the GasBuddy suggests costs haven’t been this excessive within the metropolis because the fall of 2022.

    The latest surge is probably going only a signal of issues to come back with Ottawa set to extend the federal carbon tax and Alberta elevating the fuel tax on Apr. 1, together with usually increased costs in the summertime months resulting from elevated demand.

    The carbon worth enhance firstly of subsequent month will imply a surge of 17 cents per litre on gasoline, and 21 cents per litre on diesel.

    On the similar time, the provincial authorities is bringing again the 13 cent per litre fuel tax.



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