Blogs

Gas Prices Soaring in the GTA

May 5, 2022 | Community News

May 5, 2022

TORONTO (Barrio) – According to Dan McTeague, president of Canadians for Affordable Energy, gas prices in the Greater Toronto Area could rise again this week, after surpassing a record high previously set in March of this year.

Prices are expected to drop by one cent today to 190.9 cents per litre, matching the record set on March 10. By Friday, gas prices in the region are expected to set a new record of 195.9 cents per litre…. And after the long weekend, we can expect to pay over $2 per litre. SMH

In a tweet Wednesday, McTeague said record prices at the pump are being felt across the country, as a result of a weak Canadian dollar, “higher taxes and Canada’s narrow-minded decision to kill pipelines to our coastlines.”

McTeague told Global News on Tuesday that he expects gas prices will “remain very high for the summer,” and “possibly into the new year.”

Source: Global News

Did you like this article?

Did you like this article?

0 Comments

Latest Posts

How El Salvador Overtook Costa Rica in Tourism in Central America

The numbers are telling a story Costa Rica can no longer ignore—and it’s a dramatic shift in the balance of tourism power in Central America. In 2019, Costa Rica was the region’s undisputed leader, welcoming 3.14 million international visitors. El...

Bad Bunny Eyes Hollywood Role Alongside Tom Hanks in New Film

A new Hollywood project is quietly building serious momentum—and it might bring together one of film’s most respected actors with one of music’s biggest global stars. Tom Hanks is set to star in The Comebacker, an upcoming baseball dramedy directed...

Events

Related articles