EN - News

Ontario Gas Prices Are Set To Drop This Week & You'll Want To Fill Up Tomorrow

"Hold off filling up until Thursday."

Have you been asking your friends to send you money for gas for an embarrassing amount recently?

Gas prices have been burning a hole in many wallets recently despite the recent cool down on costs, but luckily for Ontarians, gas prices are set to drop again this week.

Dan McTeague, President of Canadians for Affordable Energy and gas analyst, tweeted out a prediction on March 15 that gas prices will fall five cents per litre on Wednesday and an additional six cents per litre on Thursday, bringing prices down to 163.9 cents per litre.

In a previous tweet, McTeague warned gas guzzlers in the GTA to "hold off" filling up their tanks until Thursday, ahead of the set price drop.

However, if you absolutely can't wait to get gas, the cheapest spot to fill up in Ontario on Wednesday will be in Ottawa, with prices expected at 167.9 cents per litre and in London with prices anticipated at 168.9 cents per litre, according to Gas Wizard.

Across the GTA, prices are set to be slightly higher at 169.9 cents per litre, so if you're not up for driving to a cheaper area to fill up, don't feel too bad about your lost savings.

The most expensive area to fill up in on Wednesday will be Thunder Bay, with prices expected to be 192.9 cents a litre, followed by Sudbury, with gas prices set to be 191.9 cents per litre.

So if you happen to be located in either area, it may be worth filling up elsewhere or just waiting to fill up on Thursday, if all goes as planned.