Average retail gasoline prices in Saskatoon have fallen 6.9 c/L in the past week, averaging 123.02 c/L yesterday, according to GasBuddy’s daily survey of 81 gas outlets in Saskatoon. This compares with the national average that has fallen 3.5 c/L in the last week to 130.15 c/L.

Patrick De Haan, head of petroleum analysis at GasBuddy says the trend has been driven by seasonally weaker demand, stable oil prices, and improved refinery output-particularly in the U.S. Midwest, which supplies much of the Prairies.

He notes that even a few stations have now dipped below $1 per litre, a threshold not seen in years, and he says a few more stations in select provinces may hit that mark in the weeks ahead. Barring any major disruptions, De Haan suggests Canadians could continue to enjoy further relief at the pump as we approach the end of the year.