Ontario Gas Prices Are Set To Rise Even More This Week & You Should Fill Up Today
Head to the nearest pump ASAP.
If you're planning on burning some fuel this week, you may want to fill up your tank on Tuesday or learn to live with a wallet full of regrets later, with gas prices set to rise twice this week.
President of Canadians for Affordable Energy and gas analyst Dan McTeague tweeted a warning for drivers to fill up their tanks on Tuesday, with gas prices expected to hit new records this Thursday.
And expect a possible 3 cent increase Thursday to push #GasPrices to new records.
Fill up today … https://t.co/mjCv6kEl0F
— Dan McTeague (@GasPriceWizard) March 1, 2022
McTeague quoted a previous tweet of his warning for Wednesday's anticipated spike in gas price, writing, "And expect a possible 3 cent increase Thursday to push #GasPrices to new records."
According to McTeague, gas prices are anticipated to rise two cents tomorrow in Toronto, Hamilton, London, Windsor, Niagara, Kingston, Barrie, Kitchener and "most" of Ontario.
This means some areas may be impacted by a 5 cent overall increase in gas per litre in Ontario this week.
As of March 1, the cheapest place in Ontario to fill up your tank will be Peterborough, with prices predicted to be 152.9 cents per litre, followed by Cornwall with prices anticipated at 154.9 cents per litre according to Gas Wizard.
If you plan on taking advantage of current gas prices before they spike, you may want to avoid a few areas.
St. John is predicted to have the highest gas prices on Tuesday at 172.9 cents per litre, followed by Thunder Bay, with gas prices anticipated at 168.9 cents per litre.
The GTA and a good chunk of Ontario will land somewhere in the middle, with gas prices predicted to be 158.9 cents per litre on Tuesday, so if you have to fill up near you in these areas, you're not taking too big of a hit.