It's going down: Drivers will see a significant drop in gas prices
What goes up must come down.
After prices inched upwards by a few cents over the past few days, Toronto drivers will be happy to know that the price of gas is set to drop.
According to Dan McTeague, gas analyst and president of Canadians for Affordable Energy, prices are expected to fall on Thursday, September 1 by as much as seven cents. Drivers in Toronto will soon be paying around $1.519/litre.
News You Can Use
⛽️ Price 🚨: After rising 2 cts Wed #GasPrices to FALL 7 cts/l Thurs to 151.9 cts/l for #Toronto #GTA #Ottawa #Kitchener #Hamilton #Ldnont #Barrie #Kingston #Windsor & most of S #Ont. #Montreal goes to 166.9 https://t.co/O1gQlGIrWw— Dan McTeague (@GasPriceWizard) August 30, 2022
It’s definitely welcome news for drivers in areas like Toronto and the GTA, as well as Barrie, London, Ottawa, Kitchener, Hamilton, Windsor, and Kingston. Elsewhere in Canada, drivers will see similar price drops in Montreal and Winnipeg; fuel prices will dip by six cents in Vancouver.
Gas Wizard
Even if it seems like a small difference, we’ve still come a long way. It was far more expensive to get around in mid-June when drivers were paying almost $2.13/litre.
Gas Buddy
For now, according to Gas Buddy, the cheapest gas in the GTA can be found in Mississauga at Petro-Canada at 6400 Erin Mills Parkway for $1.447/litre.