Gas prices in the Greater Toronto Area are set to rise five cents tomorrow and are expected to continue rising this fall, according to one industry analyst.
President of Canadians for Affordable Energy Dan Mcteague predicts that gas prices will increase to 153.9 cents per litre as of midnight on Thursday, and won’t stop there.
McTeague says fuel prices right now are “as good as it gets” and recommends that drivers fill up ahead of this weekend., which was nearing Florida's southwest coast Wednesday morning, will play a big role in determining gas prices over the coming days. He says the impact of colder weather on the demand for more energy resources, which are in limited supply particularly in Europe, will also contribute to rising fuel prices.A week ago,in early trading, hitting a low not seen since the onset of the COVID-19 pandemic.
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