Gas prices across Ontario expected to climb to levels not seen since 2022, analyst says


by CP24

CP24— Ontario is going to see a big jump at the pumps later this week as gas prices in the province hit levels not seen in nearly two years, according to one industry analyst. Dan McTeague, the president of Canadians for Affordable Energy, told CP24 Wednesday that both Ontario and Quebec will see a 14 cent per litre increase overnight Thursday. This will push the price per litre up to $1.79 in cities across Ontario, the highest level seen since Aug. 2, 2022, McTeague added. In Quebec, the price...

Sky News—Lowest shop price inflation since December 2021 as some prices actually fall - BRC says. Items bought in shops are becoming more expensive at the slowest pace in more than two years, according to latest industry figures which show that some prices are actually falling. It means that goods, such as clothes and food, are becoming more costly but far less than before, according to the shop price index from the trade organisation for UK retailers, the British Retail Consortium (BRC), and retail behaviour researchers NielsenIQ. Why have some prices fallen? The shop price index for April...

WANE 15—Here’s where GasBuddy says gas prices are headed. It appears motorists won’t be seeing record high prices at the pump this summer according to GasBuddy.

KOBI-TV NBC5—AAA expect gas prices to drop over summer. As temperatures heat up this spring, AAA is cautioning drivers to expect high gas prices. AAA says the ongoing conflict in the Middle East, as well as seasonal factors like refinery maintenance and the switchover to summer blend fuel continue to send gas prices higher. This week the national average gained another 3 cents, up […]