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Jun 16, 2022 · That same week, the price at the pumps increased three cents on June 4, rising to a record-high 211.9 cents a litre. The cost jumped again that Sunday, rising to 214.9 on June 5. The average gas price in Toronto throughout May was $2.069/litre — a stark comparison to the average in 2021, when the price was $1.307/litre.
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Highest Regular Gas Prices in the Last 24 hours. Price. Station. Area. Thanks. 173.2. update. Canadian Tire. 12001 Hwy 400 NB near King Vaughan Rd.
Jul 13, 2022 · The cheaper gas prices can be attributed to a drop in the price of oil and the speculation of an economic recession on the way. Oil tumbled eight per cent on Tuesday, down $8.25 to just over $95. The falling price of oil is due to renewed COVID-19 lockdowns in China and ongoing concerns about an economic recession.
Jul 22, 2022 · Roger McKnight, Chief Petroleum Analyst at En-Pro, tells CityNews the price at the pumps should drop 6 cents at midnight to 168.9 cent (s)/litre at most Toronto and GTA gas stations. Friday’s decline lowered gas prices not seen in the province since April. This is good news for motorists as June’s monthly average topped at 200.9 cent (s)/litre.
Nov 4, 2023 · It will be the lowest price since it dipped to 147.9 cents in October. Before that, though, the last time the gas price was that low was in May 2023 (147.9 cents per litre) and will match the lowest price of April 2023. The cheapest price was in March 2023, when it dipped to 139.9 cents a litre at most gas stations.
Oct 29, 2022 · Gas prices rose four cents on Saturday, with the average price topping $1.80/litre — a price not seen since August. McKnight said Sunday’s price is expected to hold until Tuesday, and any changes would occur on Wednesday. Back in June, the price at the pumps hit a record $2.149 a litre.
