The recent drop in stock markets pushed gas prices down in Saskatchewan as well.

According to an expert, the price at the pumps should now remain stable around a $1 per litre at least for the next couple of weeks.

Dan McTeague, a senior petroleum analyst with GasBuddy, said the heavy fluctuation in the stock markets moved gas prices down by a few cents per litre.

"It's not very often that we see the equities market having an impact on energy prices if only because the connection is rather remote," he explained. "You have to look at it in this point of the speculator, those who are taking those positions, the stock market went down two weeks ago and took a lot of other commodities and other industries down with them."

McTeague said there is a role speculators play in influencing commodity prices, but things look to be back to normal with oil now.

"On the fundamental side it's a different group that's involved with supply and demand dealing with reality," he said. "You have infused in all commodities a large section of paper investments called the sudo market, which is really based on innuendo and rumours and gut sense on where the economy as a whole is heading. The was obviously a correction on the equities side that took energy prices for a ride, it appears that for now is over."

While the gas prices should remain firm for now, McTeague did say expect a price jump around the end of March and early-April as gas stations switch their fuel over to a summer blend.