It was good while it lasted – last week things looked hopeful as Toronto gas prices began to fall.
According to the Canadian Automobile Association (CAA), the average price of gas on March 18 was 164.6 cents / liter – a marked decrease compared to 184.1 / liter the previous week.
But that trend was short-lived, because as of March 23, Torontonians can expect to pay an average of 170.7 / liter, while drivers across Ontario will pay 171.2 cents / liter.
CAA
According to Dan McTeague, president of the Canadians for Affordable Energy, prices have risen by 5 cents, but the increase may be temporary.
On March 23, he tweeted that after a rise of 5 cents, prices are expected to fall by 2 cents on Thursday.
⛽️ Price 🚨: After rising 5 cents today, #Gas prices to drop 2 cents a liter on Thursday for #Toronto #GTA #Montreal #Ottawa #Hamilton #LdnOnt #Barrie #Windsor #Niagara # Kitchens #Kingston and most of #Ontario & #Quebec
To 173.9 in GTA
– Dan McTeague (@GasPriceWizard) March 23, 2022
According to the Gas Wizard, a website that predicts fuel prices, prices could also fall by 2 cents in Brampton and Montreal. Vancouver will see a drop of just 1 cent.
Gas Wizard
It may not sound like much, but we’re taking what we can get.