Canada’s gas prices will continue to rise: GasBuddy

By Joey Chini and The Canadian Press

Gasoline prices continue to rise across Canada.

As of midday Monday, GasBuddy recorded the national average at just under $2.07 for a litre of regular. Experts warn more increases are coming this week.

The Canadian Automobile Association says prices, on average, are up 11 cents compared with just a week ago.

According to GasBuddy on Monday, the province with the highest average fuel price is British Columbia at roughly $2.22 for a litre of regular — about 43 cents more expensive than Alberta’s average, which, at just under $1.80, is the province with the cheapest gas in Canada.

Quebecers pay about $2.17 per litre of regular, while people in Ontario pay an average of $210.7. Manitoba and Saskatchewan’s prices average at $1.98 and $1.95 respectively.


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Patrick De Haan, head of petroleum analysis at GasBuddy, says things are only going to get worse for Canadian fuel prices.

“New records will continue to be set with prices likely to continue rising as oil prices have jumped to their highest level since March. Gasoline inventories continue to decline even with demand softening due to high prices, a culmination of less refining capacity than we had prior to COVID and strong consumption, a situation that doesn’t look to improve drastically anytime soon,” De Haan said.

He adds diesel prices are at record highs as well, which affects consumers by pushing the price of most goods higher and higher.

GasBuddy adds the national average has increased by 18.9 cents per litre during the last month and stands 75.3 cents higher than this day in 2021.

Gas prices have risen rapidly over the last year as a tight global supply is worsened by the Russian invasion of Ukraine.

Prices have also been pushed higher by strong demand as the economy reopens after lockdowns imposed due to the COVID-19 pandemic and a busy travel season gets underway.

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