Calgary Gas Prices Dip Below $1.20 a Litre, but Analysts Warn Relief May Be Short-Lived
Some gas stations in Calgary are now selling fuel for less than $1.20 per litre due to falling crude oil prices and easing refinery issues. However, analysts caution that renewed conflict in Iran could quickly reverse the current price relief.
Some gas stations in Calgary are selling fuel for less than $1.20 a litre, offering lower gas costs for consumers in the city. The drop in gas prices is attributed to falling crude prices and the easing of refinery problems.
Despite the current decline at the pump, analysts warn that renewed conflict in Iran could quickly reverse the current price relief. This potential future volatility in gas prices remains linked to geopolitical tensions abroad.