2019 is expected to usher in higher prices at the pumps in New Brunswick.
That warning from petroleum analyst Dan McTeague with Gasbuddy.com.
McTeague says there are a couple of reasons prices will rise in April, “The new tax, which will go into effect in April comes at a time, when prices traditionally rise rather dramatically because we are shifting from cheaper to make winter gasoline to summer spec gasoline, so that’s around five cents a litre.”
He says there’s also higher consumer demand at that time of year.
“We could be seeing price increases in the order of conservatively ten cents a litre, but more than likely fifteen cents or even eighteen cents a litre in the month of April alone,” McTeague says.
