This is the best time to fill up your tanks.
Dan McTeague, president of Canadians for Affordable Energy, told CP24 Tuesday morning that he is anticipating the price of a litre of gasoline in Ontario will rise by two or three cents by Thursday.just after midnight on Wednesday, bringing the average gas price to 162.9 cents a litre. McTeague previously noted that it is one of the highest one-day hikes in the province in the last decade."So if you see $152.
"And it's really being driven by global circumstances, in particular, OPEC that's likely to cut oil production…to get oil prices back up to where they believe it should be, which is $90 a barrel versus $76 $77." The cut would further squeeze the already tight oil supply, which is a concern as McTeague noted that demand continues to be strong.
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