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Gas Prices in Ottawa Set to Rise Another 8 Cents on Friday After 4 Cent Jump Thursday
Canadians for Affordable Energy forecasts the average price will reach 186.9 cents per litre at most stations after recent April swings.
- Drivers in the Greater Toronto Area face an eight-cent jump at the pumps Friday, pushing prices to $1.89 per litre, according to forecasting by Canadians for Affordable Energy.
- Global fuel volatility stems from the war between the U.S., Israel, and Iran, which began Feb. 28, as Iran has restricted traffic in the Strait of Hormuz, constraining one-fifth of world oil supplies.
- The Government of Canada suspended the fuel excise tax, saving drivers around 10 cents per litre, yet the expected eight-cent increase effectively erases that relief for consumers.
- Construction worker Mathewson and delivery driver Mohammad Shaan report that rising fuel costs severely impact their earnings; Mathewson stated, "Unfortunately the price of gas is the price of gas, and I need it for work."
- Industry analysts warn that unpredictable market fluctuations and refinery dynamics will likely continue shifting forecasts frequently, though prices could decrease by two to three cents over the weekend.
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11 Articles
11 Articles
Coverage Details
Total News Sources11
Leaning Left8Leaning Right0Center2Last UpdatedBias Distribution80% Left
Bias Distribution
- 80% of the sources lean Left
80% Left
L 80%
C 20%
Factuality
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