This weekend, Ontario’s record-breaking gas prices are anticipated to experience yet another significant spike.
According to Dan McTeague, President of Canadians for Affordable Energy, gas prices would drop by an average of one cent per litre on Saturday before skyrocketing on Sunday.
On Sunday, prices are anticipated to rise by eleven cents to $1.84 per litre.
If prices reach $1.84 per litre on Sunday, petrol prices in Ontario will have increased by 24 cents per litre in just one week.
The previous high in Ontario was $1.61 per litre until this week.
The previous high in Ontario was $1.61 per litre until this week.
McTeague said earlier this week the crisis in Ukraine is resulting in higher gas prices globally and believes the cost of filling up will only get higher in the coming weeks and months.
“I can’t see a scenario where prices won’t go higher and remain higher,” he said. “I think $1.90 per litre in the Greater Toronto Area is certainly within range … That could happen in the next four to five weeks.”
If you think prices are bad in Ontario, Vancouver drivers woke up to gas prices sitting above $2 per litre — the highest price ever recorded in Vancouver, a city which is known for having a high cost of fuel.
Source_ globalnews.ca
