Don't Fill Up the Gas Tank Just Yet

Thursday, 19 May 2022 05:31

By Tami Jeanneret

Wait for it. Prices expected to drop.

If you need gas hold off if you can.

Dan McTeague with Canadians for Affordable Energy says prices are headed for a big drop

McTeague is forecasting the price will drop 13 cents per litre tomorrow after hitting a whopping $2.09 a litre over the weekend in some areas of the province

The gas analyst says he expects them to fall to around $1.96 a litre.

He says the drop is being driven by the threat of a potential recession.

Yesterday Statscan reported gas prices are up by just over 36 percent from a year ago.

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Don't Fill Up the Gas Tank Just Yet

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