Ontario Gas Prices Are Dropping By 11 Cents A Litre & Here's The Best Time To Fill Up

It's only expected to last a couple of days!

Western Canada Editor
Ontario Gas Prices Are Dropping By 11 Cents A Litre & Here's The Best Time To Fill Up

If you're waiting for the right time for Ontario gas prices to drop from their monumental highs, it's now.

According to gas prices analyst Dan McTeague, prices at the gas station have dropped up to 11 cents on Sunday, November 28 in cities across Canada.

McTeague, who is the president of Canadians for Affordable Energy, told CTV the reason for the dramatic drop in gas prices, which affects most of Canada, comes as the global price of oil fell 13% over fears surrounding the newly discovered Omicron COVID-19 variant.

But, if you're considering filling up your car, McTeague said that there could be a narrow window before gas prices increase once again.

He told CTV, "I think cooler heads will prevail come Monday, which will mean possible price increases by Wednesday."

His gas price predictions for Toronto are 134.9 cents a litre for regular gas, 161.9 for premium and 135.9 for diesel.

Those prices are the same for Barrie, Brampton, Hamilton, London, Niagara, Waterloo and Windsor.

In Kingston, premium gas is expected to be slightly cheaper at 160.9 cents a litre. In Ottawa, regular gas is expected to be 133.9 cents a litre for regular gas, 160.9 for premium and 133.9 for diesel.

Gas prices are even cheaper in Peterborough at 131.9 for regular gas, 153.9 for premium and 132.9 for diesel.

Thunder Bay is expected to be the most expensive area in the province to fill up as regular gas is predicted to be 144.9 cents a litre, while premium gas is 168.9 and diesel is 138.9.

This article’s cover image was used for illustrative purposes only.

Ontario has just revealed its new plan to lift public health restrictions, and it's a multi-step process.

On Thursday, the Ontario government released a list of detailed steps outlining the province's schedule for removing COVID-19 restrictions, starting on January 31, 2022.

Keep Reading Show less

England Will Drop Almost All COVID Restrictions & They Suspect Omicron Has 'Peaked'

"We will trust the judgement of the British people," the PM said.

England will lift almost all of its COVID restrictions starting next week, with the goal of getting back to normal life as soon as possible.

Prime Minister Boris Johnson announced on Wednesday that he's going to remove England's "Plan B" COVID rules, which include measures like mask-wearing, social distancing and showing proof of vaccination.

Keep Reading Show less

If you've noticed the cost of just about everything has been hitting your wallet a little harder, you can thank Canada's inflation rate.

According to an annual report from Statistics Canada, released on January 19, the Consumer Price Index "rose 3.4% on an annual average basis in 2021, following an increase of 0.7% in 2020."

Keep Reading Show less

Each household in the U.S. can now order COVID-19 rapid tests for free from the government, and all you have to do is visit a website.

The White House says it's handing out half a billion rapid tests as part of its COVID-19 strategy, and it hopes the tests will help tackle a surge in cases caused by the highly contagious Omicron variant.

Keep Reading Show less