Name: Gas prices drop nearly 7 cents as new regulations take effect
Uploaded: 2025-12-16T01:44:45.628Z
Duration: 2 min 23 s
Description: The New Brunswick Energy and Utilities Board cut fuel prices over the weekend after the government changed how the regulated system calculates maximum gasoline prices.

The New Brunswick Energy and Utilities Board cut fuel prices over the weekend after the government changed how the regulated system calculates maximum gasoline prices.

New Brunswick

Gasoline prices in New Brunswick decreased by nearly 7 cents per litre after the provincial government changed regulations requiring the Energy and Utilities Board to use E10, a blend of gasoline with 10% ethanol, for setting the benchmark price. The new pricing formula, which took effect at midnight on Friday, resulted in a maximum price of 137.1 cents per litre, down from 145.0 cents.

The Energy and Utilities Board calculates fuel prices weekly based on the average price of refined petroleum products, with additional costs and taxes included. The switch to E10, which emits less carbon than conventional gasoline, was made possible by recent regulatory changes introduced by the Holt government.

Gas prices drop nearly 7 cents as new regulations take effect

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