Heading out for the May long weekend? Here’s what to expect for gas prices

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May Long Weekend News

Gas Prices,Long Weekend 2024,Victoria Day

Fuel price analysts say there's unlikely to be much change at the gas pump this May long weekend, with most Canadians likely to see a one to two cent rise or drop on average.

won’t need to worry too much about a big jump at the gas pump before making their trip, but analysts say those hoping for a drop likely won’t see one, either.for Canada was about $1.625 to $1.639 per litre — the number ranges based on data from fuel price tracking websites GasBuddy.com and GasWizard.ca, respectively.This includes switching from the winter to summer gas, with refineries increasing output and the end of maintenance season, which also means more production.

The prices vary depending on where you live. GasBuddy’s gas price tracker showing the most expensive cost is in B.C. where people are paying about $1.897 a litre on average, compared to $1.599 in Ontario or as low as $1.415 in Manitoba. A critical factor, McTeague notes, is where you’re travelling, pointing to the Kawarthas and Peterborough in Ontario as an example of how prices can be as much as $0.07 a litre less than what they are in Toronto.Even though a big jump may not happen in the coming weeks, there are things Canadians can still do to try and save on fuel.

Gas Prices Long Weekend 2024 Victoria Day Canada Consumer Money

 

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