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Gas prices in Red Deer among the lowest in Alberta

Average price of gasoline holds steady in Red Deer
GasBuddy lists Red Deer as the community with the least expensive gas in Alberta. (Black Press Media)

Red Deerians enjoyed the lowest gas prices in Alberta on Tuesday afternoon, according to GasBuddy.

The average price for regular unleaded gasoline in Red Deer has held steady at 154.9 cents per litre since last month.

Lacombe and Brooks were the only other communities to match Red Deer’s average price, but Red Deer was still listed as the least expensive place to fill up on the GasBuddy website.

Lethbridge had the highest average gasoline price at 165.9 cents per litre.

Edmonton was at 159.8, and Calgary hit 163.5.

Elsewhere in central Alberta, gas was 155.9 in Rocky Mountain House, 160.9 in Olds, and 163.9 in Sylvan Lake and Ponoka.


Surging gas prices compound inflation’s toll on Canadians, hurt consumer sentiment

Earlier this year Red Deer saw its highest average gas price ever — 167.9 centre per litre — on March 10. The lowest price so far in 2022 was 134.9 on Jan. 1.

The highest average price in the city during 2021 was 137.9 on Oct. 8, and the lowest price was 93.9.


Red Deer gas prices fall as provincial tax removed

On April 1, Albertans saw gasoline prices drop when the province followed through on its promise to stop collecting a 13-cents-per-litre gas tax in an effort to give people with some relief at the pumps.

Alberta will continue to provide the tax relief as long as the average price of West Texas Intermediate (WTI) — considered the global benchmark price for oil — remains above $90 US per barrel.

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