Gas prices continue to surge higher in Canada; more increases coming
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Gasoline costs continued to development upward throughout a lot of Canada over the weekend and specialists warn extra will increase are coming this week.
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The Canadian Vehicle Affiliation says nationwide common gasoline costs rose to just about $2.06 on Sunday, up nearly three cents from the day earlier than and 11 cents greater in contrast with every week in the past.
Dan McTeague, president of Canadians for Reasonably priced Power, says gas costs will proceed to surge within the coming days.
In a forecast shared on Twitter, he says the typical worth of gasoline may attain $2.12 a litre by Monday afternoon.
Fuel costs have risen quickly during the last yr as a good international provide is worsened by the Russian invasion of Ukraine.
Costs have additionally been pushed greater by robust demand because the financial system reopens after lockdowns imposed because of the COVID-19 pandemic and a busy journey season will get underway.