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‘Staring down a recession’: Experts say gas price drop expected to leave dent in Alberta economy

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Drivers throughout Alberta may have noticed lower-than-usual gas prices in the month of March, dropping to as low as 59.9 cents per litre on Friday. “We have seen some unusual purchasing patterns,” said Kelly Klimchuk, district manager for Gas King.

Kilimchuk said people have been out and about doing their “business as usual” in spite of the COVID-19 pandemic, but expects business to slow down further as more people self-quarantine and avoid travel. “We are seeing it tail off somewhat,” he said.

Dan McTeague, president of Canadians for Affordable Energy and former MP, said the drop in prices is a mixture of decline in demand due to COVID-19 and intricacies within provincial and federal governments. “The debts that we’ve accumulated until

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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