Gas prices are forecast to spike in Toronto this weekend

Gas prices are set to jump in the Greater Toronto Area on Friday, according to a petroleum expert who predicts prices.

Dan McTeague, president of Canadians for Affordable Energy, says Toronto gas prices could jump five cents to hit $1.40 per litre on Friday.

“After rising one cent a litre Thursday, gas prices are expected to really rock your pocket with a five-cent a litre increase to 140.9,” he tweeted.

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He expects the increase to impact Toronto, Ottawa, Hamilton, London, Barrie, Windsor, Kitchener, Guelph, Kingston, Peterborough, and Sudbury,

In Case You Missed It …

BIG JUMP @ THE ⛽️⛽️ FRIDAY https://t.co/0nvgunJkDL

— Dan McTeague (@GasPriceWizard) August 26, 2021

McTeague, a former member of parliament, has been predicting gas prices for about three decades to help consumers save money, according to his website GasWisdom.