Toronto Gas Prices Shatter Records, Expected to Keep Climbing
En-Pro Reports 14-Cent Increase
In a worrisome update for Ontario drivers, En-Pro is predicting a 14-cent surge in gas prices at the pumps. By the end of this week, the average price of gasoline in the province is likely to reach approximately 179 cents per litre.
Current Prices and Trends
Currently, Toronto gas prices sit at 154.9 cents per litre, the most affordable they've been since last winter. However, this respite may be short-lived, as the latest trend indicates an upward trajectory.
By Friday afternoon, gas prices in the Greater Toronto Area (GTA) had already escalated to between 194.5 and 195.5 cents per litre. These are record-breaking levels that haven't been witnessed since 2022.
Analyst Predictions
An industry analyst has warned that gas prices across Ontario could potentially climb to levels not seen since 2022. This is due to several factors, including geopolitical tensions and supply chain disruptions.
As the situation continues to evolve, it's crucial for drivers to monitor gas prices closely and adjust their driving habits accordingly. By staying informed and planning ahead, they can minimize the impact of these rising fuel costs.
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