Ontario Gas Prices Set To Spike  Tomorrow & You'll Want To Wait On That Fresh Tank Of Gas

If you hold out till Friday, you may see prices drop.

Esso gas station.

Esso gas station.

Google Maps
Creator

Ontario gas prices have had more ups and downs than the Leviathan at Canada's Wonderland, and they're set to climb back up the roller coaster track on Thursday.

So, you may want to wait a day before heading to the pumps.

Dan McTeague, gas analyst and president of Canadians for Affordable Energy, posted a tweet on June 29 stating that after gas prices tank by 2 cents on Wednesday, they'll rise right back up Thursday with a 4-cent increase across the GTA and in most of Ontario.

According to McTeague, this Thursday's rise will bring gas prices across most of Ontario to 204.9 cents per litre.

If you're feeling motion sickness from being jerked around by gas prices, hold on tight because McTeague predicts a steep drop shortly, with prices set to fall by 6 to 7 cents on July 1.

Premier Doug Ford's gas tax legislation is set to start on July 1, cutting gas tax by 5.7 cents per litre and 5.3 cents per litre on fuel tax for the next six months.*

If you can't wait for Friday's anticipated drop, the cheapest spot to get gas in Ontario on Thursday will be in Peterborough, with prices expected to rise eight cents to 199.6 cents per litre, according to Gas Wizard.

However, you'll want to avoid Sudbury, with prices expected to be the most expensive of Gas Wizard's listed cities in Ontario at 212.9 cents per litre.

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

*This article has been updated.

From Your Site Articles
ontario gas prices torontogas tax cutgas price ontariowhy are gas prices so high in ontarioontario gas priceswill gas prices go down in ontariodoug fordcanadas wonderlanddan mcteaguegas prices london ontarioprice of gas in ontariogas prices tomorrowdoug ford announcementgas wizardgas prices ontariogas prices in ontariogas prices canada
TorontoCanadaNewsNews
  • Brooke Houghton
    Brooke Houghton (she/her) was a Toronto-based writer for Narcity Media. Brooke has written for publications such as blogTO, Post City, Vitalize Magazine and more.

Gas prices in Canada are dropping in a bunch of cities tomorrow — but rising in a few others

Here's where to fill up today vs. wait for a better deal tomorrow. 👇

We found the cheapest Costco gas stations in 7 Ontario cities and you can save up to 15 c/L

Turns out not all Costco gas is created equal. ⛽️

Advertisement Content

You can save 10¢ per litre at Circle K on Fuel Day and help Canadian communities

Save big at the pump and give back where it counts.

This Ontario town with turquoise lakes is one of North America's 10 'most peaceful' spots

It's a little slice of paradise.

This Ontario town feels like a coastal escape with white sand beaches and quaint streets

It's like a mini trip to the Hamptons.

Ontario Trillium Benefit payments for February 2026 go out soon — Here's how much you can get

Your next OTB deposit is just a week away! 💸

A storm is bringing snow to Ontario this week and temperatures will feel colder than -30 C

The "very cold arctic air" is also forecast to cause lake-effect snow. 🥶

You've probably never heard of my town — but it ranked among Canada's top spots to live in

Quispamsis > Vancouver... ?

This Lotto Max winner took a while to check his ticket and didn't realize he won $15 million

"I couldn't quite believe it and had to scan again."

TTC is hiring transit operators and you can make up to $41 an hour without a degree

These operator jobs are for buses, streetcars, subways, and other vehicles. 🚇

CSIS is hiring IT grads in these cities and you can make up to $106,000 a year

IT professionals, along with recent and upcoming graduates, can apply.