Regulation took affect in 2006.

MONCTON, N.B. – Gas regulation in New Brunswick will be reviewed in 2012.

It’s part of the Alward government’s energy plan.

Kevin McCann of Wilson’s Fuels says it doesn’t alter the amount of times gas vendors have to change their prices and regulating doesn’t save driver’s money in the end.
“Hypothetically that’s 52 changes and prior to that there were 50 changes so all they’re doing to delaying what’s happening in the market.”
The provincial government began regulating pump prices in 2006.
A study by the Atlantic Institute for Market Studies says that gas price regulation has cost New Brunswick drivers over nine million dollars.