Analysts are usure what you'll be spending at the pumps during the Christmas break.
Prices could be as low as 90 cents or as high as $1.02 per litre.
Currently, stations are buying their fuel at roughly 90 cents per litre. They have to add on two to six cents to cover their costs, as well as credit card fees.
"It's a bit of a tug of war," said Dan McTeague, senior petroleum analyst for GasBuddy. "Potentially higher prices if gas stations try to restore their 12 cent retail margins, that's really the game we're seeing right across Alberta."
Right now in the Capital Region, prices for regular grade gasoline are averaging at roughly 94.7 cents while the lowest price is 89.3 cents per litre.
At this time last year, prices hovered around 90.9 cents per litre.