Petro Canada on 535 6 Avenue South in Lethbridge on December 28, 2022. (Photo: LNN)

By Sarah Jones

Gas prices in Alberta the lowest in the country

Dec 28, 2022 | 3:32 PM

LETHBRIDGE, AB – While gas prices continue to fluctuate across Canada, Alberta remains the least expensive province to fuel up in.

According to GasBuddy.com, the average retail fuel price across the country is 143.4 cents per litre as of December 28, 2022.

In Alberta, there’s a significant decrease, as it’s averaging at 122.2 cents per litre, the lowest average the province has seen this year.

That’s down 11.2 cents per litre compared to the same day last year and down 17.8 cents from November 2022.

Depending on which gas station you visit, the price of regular gas in Lethbridge sits around 125.9 cents per litre.

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As for other cities in Alberta, Calgary is down to 118.9 cents per litre, Edmonton around 119.1 cents per litre, and the lowest in Spruce Grove at 109.9 cents per litre.

Similar prices can be seen in Alberta’s neighbouring province, Saskatchewan, as they average about 137.0 cents per litre, but the same can’t be said for British Columbia.

B.C. remains the most expensive place to gas up in the country as the average regular petrol price sits at 160.8 cents per litre and even reaches as high as 175.9 cents per litre in Golden, just off Highway 1.

Trailing B.C. for the most expensive gas is Newfoundland and Labrador at 156.0 cents per litre, with Prince Edward Island not far behind at 150.5 cents per litre.

Other notable provincial average price points for gas are in Quebec at 152.7 cents per litre, New Brunswick at 148.8 cents per litre and Manitoba at 147.4 cents per litre.

As for Alberta’s decreased fuel prices, the province will continue to feel some relief at the pumps as of January 1, 2023.

Heading into the new year, the Government of Alberta will be suspending the collection of the provincial fuel tax on both gasoline and diesel.

This relief measure is set to remain in place until at least June 30, 2023, and will be reviewed on a quarterly basis following that date.

According to a release from the Alberta Government, Albertans are estimated to save 13 cents per litre during the suspension.

Minister of Finance Travis Toews explained, “These are meaningful savings that will have a real impact on Albertans’ finances.”

He went on, “For example, if you drive a pickup truck and fill up once a week, you’ll save about $440 on average in the next six months. If you drive a car or an SUV, you’ll save anywhere from $160 to just over $300.”

Since April 2022 when the program was first introduced, Albertan’s have seen about $850 million in fuel tax savings.

READ MORE: Alberta Government to suspend provincial fuel tax Jan. 1