Ontario Gas Prices Are Set To Spike This Week & Will Be The Highest In 7 Years

You might want to fill up your tanks now. Ontario gas prices are about to get a lot more expensive.

Dan McTeague, gas analyst and president of Canadians for Affordable Energy, said in a tweet on Tuesday that prices will rise another 2 cents, bringing the total to a whopping 142.9 cents per litre by Wednesday.

McTeague noted that the significant spike will bring about the highest gas prices the province has seen since June of 2014.

The increase is set to affect numerous cities including Toronto, Windsor, Niagara, Brampton, Barrie and Kingston.

Ontario gas prices had previously hiked up to 141.9 cents per litre back in August, which also hadn't been seen in 7 years.

There is going to be a small window of opportunity to save on Ontario's gas prices this week.

Dan McTeague, president of Canadians for Affordable Energy and gas analyst, tweeted that prices are likely going to fall two cents a litre this Thursday, December 2, in the GTA, Ottawa, Hamilton, Barrie, London, Kitchener, Niagara, Windsor, and most other places across Ontario.

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