Commodities
Ontario Gas Prices Set for Weekend Hike: Experts Predict
Dan McTeague, head of Canadians for Affordable Energy, predicts an increase in gas prices in Ontario this weekend. According to him, higher demand due to vacation season and a decrease in supply could lead to price hikes.
McTeague warns that prices may jump by as much as 12 cents per liter at the pumps. This comes as many Ontarians prepare for the long weekend.
The exact cause of the potential price increase is attributed to decreased crude oil imports from the United States, which is a major supplier of gasoline to Ontario.