As of Wednesday, March 11, gas prices in parts of Cochrane have dipped below 85 cents per litre.

The price of gas in town has been on a continual decline all week and right now we sit well below the average in Alberta, which is 90.9 cents per litre

Patrick DeHaan, the head of petroleum analysis for GasBuddy says that gas prices may continue to drop all over Canada. "Gas prices will drop in nearly every nook and cranny of the country, from the smallest cities to the largest metros, at a time of year that prices are usually rising, we'll see anything but that."

"It's been an unprecedented week, one in which oil majors Russia and Saudi Arabia saw anything but eye-to-eye on lowering oil production, leading crude oil prices to plummet 20 percent in Sunday evening trade, combined with COVID-19 fears escalating, and gas prices have nowhere to go but down and like a rock,"