It has been rumoured that Albertans could see a decrease in price at the pump, but according to Patrick De Haan from GasBuddy.com, there isn’t going to be that much of a change.  

“It's been a very volatile week, previously it looked like we'd see a bit of more of a decline but now today it's looking like prices may not decline as much as we had hoped,” he continued. “They could go down a little bit here maybe a couple of cents a litre over the next week, but the market volatility has been through the roof as the market responds to various headlines from Russia and Ukraine and also a rise in coronavirus cases in China.” 

A motion will be made in the provincial Legislature asking the Federal government to halt the increase of the federal carbon tax, which is scheduled for April 1 given that the country is facing some of the highest inflation in about 30 years. 

“There's been discussion about how to alleviate some of the impact from high prices on motorists, but there was a set increase coming on April 1st on the carbon tax. It's kind of a dizzying time to be a motorist with oil prices going up and down significantly in a single day's time.” 

In Alberta, the provincial government has plans to suspend the provincial gas tax on April 1, there will also be an energy rebate of $150 on electricity bills. 

Kenney also says the province will be capping the price of gas for home heating at $6.50 per GJ. 

“All I can say is I don't expect a drastic price increase in the next week based on what we know now, but the headlines have been changing at a very fast pace.”