New Brunswick drivers could be paying more than $1 a litre for gas on Thursday for the first time in 2015.

CBC reporter Robert Jones says gas prices could increase by four cents per litre, pushing the price to about 103 cents per litre.

The regulated maximum price set by the Energy and Utilities Board for regular gasoline is currently 99.2 cents per litre.

The last time the maximum price of gas was set above a loonie in New Brunswick was Dec. 25.

Gas prices fell as low as 91.4 cents per litre on Jan. 15.

Drivers will also be paying more for diesel on Thursday, Jones said.

Diesel prices could jump by as much as five cents a litre, pushing the price to around 123 cents a litre.

The EUB sets maximum prices every Thursday based on the average prices of commodity trading on the international markets during the previous week.

Retail stations are allowed to sell gas for less than the maximum prices.