Canada Day long weekend saw little to no change in fuel price, which looks to be the trend for July. 

Dan McTeague, Sr. Petroleum Analyst with Gas Buddy said that supply and demand are currently level, reducing the risk of rising gas prices.

"It looks like the summer is going to be much calmer as far as gas prices are concerned, simply because the demand is not there and supply remains pretty vigorous and robust."

The increase that happened in June due to the refinery in Edmonton going offline for just over 2 weeks has now returned to full operation, helping to reduce the cost of fuel.

"Crude had remained stubbornly high but the good news of course is that prices have since come down dramatically on the whole sale side of things, which means of course we are seeing prices that we've not seen this time of year for about six years."

McTeague said prices will likely drop even further over the next couple weeks and even in the next couple days.

"What you see is pretty much what you're going to get, perhaps a decrease of as much of 3 to 5 cents per litre over the next couple weeks."