A gas price war has erupted in southern New Brunswick, slashing pump prices by about ten cents a litre at some stations.

“With the price of gas today, why not take advantage?” says motorist Danielle Doucette.

“It’s the cheapest I’ve seen so far,” says motorist Sherry LeBlanc.

Most stations in Shediac are selling at about $1.14 per litre - much less than the current maximum price of $1.26 a litre.

“I remember years ago, there used to be gas wars and I haven’t seen one, or heard of one, in a very long time. It’s quite interesting actually,” says Doucette.

Gas wars are possible in New Brunswick because only the maximum price is set by the government each week.

In Nova Scotia, both the maximum and minimum prices are set, with a spread of about a penny and a half.

A spokesperson for the Nova Scotia Utilities and Review Board tells CTV News research suggests gas wars are sometimes a result of a market with many gas stations, where one station is hoping to increase market and customer share.

Most drivers are not too concerned about the economics of a gas price war and are just pleased to see lower prices at the pump.

“I think that’s great. I wish it was the same all year round,” says motorist Victor Bourque.

With files from CTV Atlantic's David Bell