Canadians for Affordable Energy President Dan McTeague says gas prices are expected to rise another six cents a litre on Thursday to 168.9 cents a litre.
"We may get a break for a couple of days, maybe, but with OPEC deciding to cut back about 1.8 million barrels in production to, as it were, adjust the market and taking into account their concern for inflation. The reality is that we could be looking at a several more cents being added – a buck 75 perhaps by as early as mid-next week."
"Oil demand will continue to rise despite the narrative, and so that really means is someone is going to have to step up to the plate and OPEC's saying they're not going to do that," McTeague said.
The predictable long weekend gouge. Thank goodness I'm staying home. And conservatives let me guess are going to try to blame some kind of tax instead of the gas compmany
$2.409 in Vancouver right now so I have little sympathy 😭
The oil & Gas companies are nothing but greedy thieves driving inflation while reaping record profits! They’re sickening and, personally, I will NEVER believe a word out of their mouths after their $$$ grab while the World is trying to recover!
Thank you Trudeau TrudeauMustGo
Isn’t the government supposed to regulate this shit? They increase it whenever they feel like it.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ontario gas prices to jump by 10 cents Wednesday, analyst saysGas prices in Ontario are projected to jump by 10 cents later this week, industry analyst Dan McTeague tells CP24. Note to self: don't go near a gas station tomorrow. Well that's ok I just filled up on the Reserve. That’s Biden’s America for ya
Source: CP24 - 🏆 30. / 67 Read more »
Gas to jump by 10 cents per litre on WednesdayGas prices in southern Ontario are projected to jump to 162.9 cents per litre tomorrow, industry analyst Dan McTeague tells CP24. I hate big oil. Unreal. There is now way this should be allowed. WTF, in Thunder Bay gas is $1.96!
Source: ctvottawa - 🏆 29. / 67 Read more »
Ottawa drivers fill up ahead of huge gas price increaseAhead of one of the largest single-day jumps in the price of gas, many drivers in Ottawa are filling up. Line at Costco gas right now is wild. Just in time for heating season JUSTINflation TrudeauMustGo
Source: ctvottawa - 🏆 29. / 67 Read more »
Sudbury gas at around 152.3Ontario gas price average is 150.1 If Russia is responsible for 45% to 47% of a OPECs oil . Doesn't that mean sanctions mean nothing
Source: sudburydotcom - 🏆 6. / 89 Read more »
Why gas prices are going up 10 cents WednesdayDrivers raced to fill up at gas stations across the GTA ahead of an anticipated 10 cent a litre price hike at midnight. Thanks Biden 🖕🏻 Why they will drop over a dollar by weekend. The needs of the many, outweigh the needs of the few. Gas prices are going down.
Source: CTVToronto - 🏆 9. / 84 Read more »
Sudbury gas prices jump 25 cents per litre to 176.9Ontario gas price average is 150.6 Ffs how much more of this are we going to take? Sudbury!😂🤣😂🤣🤡🤡🤡🤡🤡 With the $0.25 jump in gas prices how much cooler will the earth’s temperature be a century from now? ClimateEmergency billmckibben
Source: sudburydotcom - 🏆 6. / 89 Read more »