Average price of gas in Canada tops $2 a litre for first time

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Gasoline prices are showing no signs of letting up as the average price in Canada tops $2 a litre for the first time.

Natural Resources Canada says the average price across the country for regular gasoline hit $2.06 per litre on Monday for an all-time high.

The average was a nine-cent jump from the $1.97 per litre record set last week, and is up about 30 cents a litre since mid-April. Prices averaged about $2.34 a litre in Vancouver on Monday, while in Toronto the average was almost $2.09 per litre. Edmonton, in contrast, averaged just under $1.69 per litre.

Gasoline prices have been elevated since late February when oil spiked to around US$100 a barrel after Russia invaded Ukraine, while the price jumped to over US$110 per barrel last week. Prices have also been spiking more recently as the reopening of the economy, and the start of the busy travel season, have led to high demand for gasoline that refiners have limited capacity to meet.

 

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Awe. How cute. Outside and FULLY masked. They can’t afford to kill any more brain cells with such nonsense.

$3.00 by July 🇨🇦

Get the hell out of War in Ukraine and settle for PEACE!West must stop delaying and giving war material costing W Gas’s over $8.00 a gallon as costing thousands of lives as well!

Big oil must be having a hard time.

CanadianPM JustinTrudeau

Oil company profits skyrocket!

Stop subsidies to oil and gas. Make them pay for their own cleanup costs.

Never forget to juxtapose how much the pain for consumers makes the company and it’s stockholders rich. (It makes them rich at prices much lower than $2/L)

Yawn....meanwhile over in oil & gas corps, stock buy backs, dividend increases and record profits. Folks, the compliant media won't dare say it, you're getting hosed at the pump!

Thank you, Mr Trudeau.

This is just price gauging at its most extreme! After reporting profits exceeding 200-300% in 2020 and 2021, there is absolutely NO REASON for gas prices to jump so much in early 2022!

Silence from our leaders

And we can thank a Liberal for that

Yet federal and provincial governments refuse to give average citizens a gas and carbon tax holiday while prices crush them. So much for caring about the plight of the working classes. Yet government coffers continue to get a tax windfall from our hard times .

I paid over 2 twice already. Poor bastards who drive a diesel

You have choice you don’t need to drive gas guzzling pickups.

Any comment Justin?

Thank Trudeau😡😡😡😡😡😡

Record profits baby

It’s almost like Oil companies are trying to force a change in the federal governments energy policy, as per their friends at CPC. Oh wait, that is their plan.

Greed

Corporate greed driving prices with record profits. .

Oil companies are not your friend

Hadia_1984 $3/L in Los Angeles today for some perspective...

Taxing Canadians into poverty won’t help fight climate change..prosperity in which we can afford green alternatives will help more than anything

Keep cancelling those pipelines Justin. I think we can hit $3 !

ctv is fake news

Remember when Ford cut incentives for electric vehicles.

Voted for Trudeau? You get what you deserve.

3.25$ is only 3 months away

Record profits for Oil and Gas companies that are still receiving government subsidies.

For those of who thinks Trudeau can't fix this, he can. He can back out some of the carbon tax but he does not want too. He doesn't care about Canadians.

Y’all best be demanding raises or walking off the job! Slavery is ok when your being properly compensated but to work for gas, food and shelter and have little leftover after paying for the basic makes it hard to stick around. All of it seems so meaningless these days..

terrible

But the tree huggers are saving a tree with these high prices.

Trudeau’s plan to make driving unaffordable is working.

Time to switch to public transit. Just chill on the bus or subway and not worry about gas prices, traffic, road rage, accidents, construction delays etc, etc, etc TTChelps YRTViva gasprices Traffic construction RoadRage caraccident

So? Liberals have said we’re successfully going electric in 10 years.

Absolutely criminal!

It was around $1,25 by 2018 can't believe

AB outside of edmonton today, $168.9. not quite 2 bucks, but u sure make it seem like we are all suffering. we are not.

world's top oil exporter

And for that, we should thank oil companies; per barrel cost is all time low but these monstrous refineries & owners keep increasing the prices. They keep sighting the conflicts ie Middle East, Russian but they received these barrels at least 8 months ago. Nothing but greed.

Let me get this right: the guys driving large trucks think Trudeau is a dictator, but oil companies are good, honest people looking out for them?

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