You may have heard the news that the price of oil has dropped to historic lows. You may have also noticed that other communities in the north have seen prices lowered at the pumps over the last few days, especially in southern Ontario and even across the river.
That doesn’t seem to be the case in Sault Ste. Marie where prices have stayed at the $105.9 range for well over a month.
Let’s take a look at some other places and see what they have to deal with.
THUNDER BAY .88 cents
NORTH BAY .96 cents
SUDBURY .99 cents
PARRY SOUND 1.00
SAULT MICH $1.80 u.s. equals .67cents a litre
According to Tomorrow’s Gas Prices Today there is no expectations of gas prices falling in the Sault despite the 38 cent (cnd) a litre difference between the twin Sault’s.
As of today, the cost of a barrel of oil is pegged at $35.47 u.s. only two dollars away from the recession low of $33.98 u.s. in February 2009 . The average price in Ontario back in 2009 was just 74 cents a litre.