NEW: Here's when gas prices will increase another 6 cents a litre in Ottawa ottnews
Canadians for Affordable Energy President Dan McTeague says gas prices are expected to rise another six cents a litre on Thursday to 168.9 cents a litre.
"We may get a break for a couple of days, maybe, but with OPEC deciding to cut back about 1.8 million barrels in production to, as it were, adjust the market and taking into account their concern for inflation. The reality is that we could be looking at a several more cents being added – a buck 75 perhaps by as early as mid-next week."
"Oil demand will continue to rise despite the narrative, and so that really means is someone is going to have to step up to the plate and OPEC's saying they're not going to do that," McTeague said.
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