Gas prices set to rise 'dramatically' Thursday
Many made a dash to the pumps Wednesday because experts say the price of gas is set to rise Thursday.
“Yeah, I came here today because I heard gas is going up about 14 cents tomorrow,” said Marc Reimneitz.
According to Dan McTeague, president of Canadians for Affordable Energy, the price could jump overnight to nearly $1.80 a litre.
“You're going to see a lot of stations at 1.79 point 9 as of midnight [Thursday],” McTeague said. “These are very extraordinary events. We’re seeing these prices move up dramatically.”
Ed Ruckle was leaving a volunteer position and told CTV News he had a few more things to do before he hit the pump. “You can bet I'm going to fill [up],” Ruckle said.
McTeague said the increase is due to the higher cost of summer blended gasoline, rising oil prices, and the carbon tax increase.
The 14-cent jump will likely take place overnight in the provinces of Quebec and Ontario and will be the highest price we see at the pump since August of 2022.
“I'm shocked, because of the cost of living. You can barely afford to eat, so gas would be better if it was a little cheaper,” Reimneitz said.
Jackie Habib, like many, is frustrated by the upcoming increase. “If you're on empty for a 4-cylinder, it's going to cost a half-day’s pay to fill it up just to have gas to get to work,” Habib remarked. “I was paying $35-$36 to fill up two years ago when I bought this car and now I'm paying $90 to have a full tank.”
Ruckle put $30 worth of gas in his car Tuesday. “It got me a quarter of a tank, just shy of a quarter at $1.64,” Ruckle said as he recalled what $30 used to get him in the 1990s. “$30 would fill the tank.”
The City of Windsor avoids the immediate impact of price fluctuations because they buy gas and diesel in bulk and get a volume discount. That doesn't mean the city is immune to rise in fuel prices.
“So far this year in gas prices we've seen about a 30 per cent increase above our budgeted amount and about a 7 per cent increase in diesel,” said City Engineer Mark Winterton, who pointed out the managers keep an eye on prices and make adjustments accordingly. “We ask all of our drivers, whether it be a city vehicle or transit bus, to be as responsible as possible and be respectful of the environment and our budget.”
CTVNews.ca Top Stories
Liberal MP says she's leaving politics over disrespectful dialogue, threats, misogyny
Liberal MP Pam Damoff says she won't run again in the next federal election, saying she has experienced misogyny, disrespectful dialogue in politics and threats to her life.
Concerns about Plexiglass prompt inspections at some Loblaws locations in Ottawa
Inspections are underway at more than one Loblaws location in Ottawa after complaints were filed about tall Plexiglass barriers.
Federal employees will be required to spend 3 days a week in the office
Starting in September, public servants in the core public administration will be required to work in the office a minimum of three days a week. The Treasury Board Secretariat says executives will need to be in the office four days per week.
OPP officer said 'someone's going to get hurt' before wrong-way Hwy. 401 crash
As multiple Durham police cruisers were chasing a robbery suspect on the wrong side of Highway 401 Monday night, an Ontario Provincial Police officer shared his concerns, telling a dispatcher, "Someone's going to get hurt."
Ont. woman who faked pregnancy to defraud doulas arrested again on similar charges
Victims of a Brantford, Ont., woman who was sentenced to house arrest earlier this year for defrauding and deceiving doulas say they’re not surprised she’s been apprehended again on similar charges.
Five human skeletons, missing hands and feet, found outside house of Nazi leader Hermann Göring
Archeologists have unearthed the skeletons of five people, missing their hands and feet, at a former Nazi military base in Poland.
Poilievre returns to House unrepentant for calling Trudeau 'wacko,' Speaker not resigning
An unrepentant Pierre Poilievre returned to the House of Commons on Wednesday to pepper the prime minister about his drug decriminalization policies after being booted the day prior for refusing to take back calling Justin Trudeau 'wacko' over his approach to the issue.
Eating disorders among youth skyrocketed during pandemic and so did associated costs, report finds
The number of young people experiencing eating disorders surged during the height of the pandemic as the social and economic costs skyrocketed too, a new pan-Canadian report has found.
Toddler of Phoenix first responder dies after bounce house goes airborne
A two-year-old child died after a strong gust of wind sent the bounce house he was in airborne and into a neighbouring lot in central Arizona, the Pinal County Sheriff's Office said.