Gas prices in the GTA are expected to drop another six cents per litre overnight, reaching a price that drivers haven’t seen since April.
Industry analyst Dan McTeague, of Canadians for Affordable Energy, tells CP24 that he is expecting gas prices to fall to an average of 168.9 cents per litre as of midnight across most of Southern Ontario.Gas prices have now been on the decline for more than a month after peaking at a record 214.9 cents per litre in the GTA on June 11.
Gas prices, nonetheless, remain well ahead of where they were at this time last July when the highest average price recorded at the pumps was 139.9 cents per litre. The surge in prices has been mostly attributed to supply chain challenges resulting from the war in Ukraine.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gas prices in the GTA set to decrease by another six cents per litreGas prices in the GTA are expected to drop another six cents per litre overnight, reaching a price that drivers haven’t seen since April.
Read more »
Ottawa gas prices to drop to lowest level since AprilCanadians for Affordable Energy president Dan McTeague says gas prices will fall four cents a litre in Ottawa on Friday to 174.9 cents per litre.
Read more »
Massive gambling case against GTA Hells Angels falls apart over trial delayPolice announced Project Hobart in December 2019 with 28 arrests and claims of disrupting of a $131-million illegal gambling network with links to GTA mobsters.
Read more »
Prepare for Russian gas cuts, EU warns bloc countries, or risk a difficult winter | CBC NewsA full cut-off of Russian gas supplies to Europe, combined with a cold winter, could reduce average European Union gross domestic product by up to 1.5 per cent if bloc countries do not prepare in advance with voluntary cuts over the coming months, the European Commission said Wednesday.
Read more »
The Daily Chase: Inflation surges most since 1983; Natural gas worries in Europe - BNN BloombergWe might be about to see the first headline inflation figure above eight per cent since January 1983. The median estimate for June’s consumer price index is for a year-over-year surge of 8.4%.
Read more »