SAINT JOHN, N.B.- The price of gas in New Brunswick is at it’s lowest level in more than a year.

The Energy and Utilities Board has dropped the maximum price for self serve regular by 3.7 cents per litre to $119.7 with most stations now selling in the $1.16 to $1.17 range.

It’s the fifth price decrease in the last six weeks.

Diesel falls 2.1 cents per litre to $1.24.

Furnace oil is down 2.3 cents and there was a 0.8 cent per litre increase in the price for propane.