Wondering if you've ever paid this much to fill up your gas tank?
 
Well, according to Dan McTeague a senior petroleum analyst from GasBuddy.com the answer is probably not. Gas prices in the capital region are sitting at an average of 136.4 cents per litre, a modern-day record.
 
"Some would even suggest average prices would be even higher, if not for the deep discounting box stores dropping it which weren't around as much in 2008."
 
Back in 2008, the gas prices at some stations near Edmonton did briefly sit around the 137 cents per litre mark. 
 
"It wouldn't take much to reach the $1.40 mark," added McTeague. "As much as we want lower prices, the reality is gas stations don't have that type of control or power."
 
Increased prices are being led by higher profit margins at refineries, climbing oil prices and a weak Canadian dollar.
 
Around the region last year (2017), gas prices this week averaged 87.5 cents per litre.
 

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