Gas prices in Strathmore and the surrounding areas have surged as much as 11 cents on Wednesday (Feb 7). 

According to Gas Wizard, Calgary is seeing regular gas priced at $1.389 per litre today, and it's the same for Strathmore and the area. 

Strathmore gas prices are hovering between $1.259 and $1.299. However, some gas stations in Strathmore have hiked to $1.369 this morning. 

pricesGas Wizard provided a graph showing Calgary's past and possible future gas prices. Graphic: to Gas Wizard. 

 As of January 1, the fuel tax would add 9 cents per litre to gasoline and diesel. 

"The provincial oil price-based fuel tax relief program will be reinstated on Jan. 1, which means Albertans will continue to save money at the pumps. The program sets fuel tax rates quarterly based on the average price of West Texas Intermediate (WTI), with a rule limiting rate increases to a maximum of nine cents per litre each quarter," said the President of Treasury Board and Minister of Finance Nate Horner in a release. 

"As a result, Albertans will continue to save four cents per litre on gas and diesel in the first three months of 2024, with the fuel tax applied at a reduced rate of nine cents per litre. After that, Albertans will save some or all of the provincial fuel tax when WTI prices average $80 per barrel or higher in each quarterly review period.”

An update is expected before the next quarter ends on March 31 of this year.

As of 11:44 a.m this morning (Feb 7), most gas stations in Strathmore are sitting at $1.299 with the most expensive stations like Shell and Co-op sitting at $1.369.

gas pricesGas prices are shown in Strathmore. Credits - Gas Buddy.

Send your news tips, story ideas, pictures, and videos to news@strathmorenow.com.