Pain at the pumps hits weekend overdrive with $2.09 expected
Article content material
After going up 5 cents on Saturday, fuel worth are set to extend one other 6 cents Sunday, which might hit a record-high $2.09 a litre, based on an vitality analyst monitoring nationwide costs on the pumps.
Article content material
“For lots of people I believe it’s not possible. It’s too quick, too excessive, too rapidly,” stated Dan McTeague, Canadians for Inexpensive Vitality.
He expects fuel may hover round $2.10 into the Might lengthy weekend.
“Seems like I’ve saved myself $3 as a result of I’m filling up at the moment,” John Wiltshire stated, as he stuffed his tank earlier than the forecast midnight enhance.
He stated it used to price him $35 to refill in the beginning of the pandemic, now it prices him simply over $100.
“The good information is I’m working principally from dwelling, so I don’t go so far as usually,” Wiltshire stated. “So not driving as a lot helps quite a bit.”
The spectre of rampant inflation has many individuals apprehensive salaries are usually not protecting tempo.
“I discover now it’s unbelievable. It’s very costly,” stated Vanessa Ferrer, as she stuffed her tank.
“All of the inflation, every thing goes up. However the factor is our salaries are the identical,” she stated. “Nothing has modified. In order that’s actually upsetting as a result of we’re simply popping out from recovering from the pandemic”
Article content material
Might tends to be the beginning of the summer season driving season when extra Canadians take to the highway for holidays.
Not so – this 12 months – for Jafar Alam.
“We aren’t going wherever now. We cancelled our trip. We had plans. However now we’re not going wherever,” he stated, virtually perplexed as he stuffed his SUV.
“It’s an excessive amount of. Painful now,” Alam stated. “That is the best in my life. We will’t undergo like this.”
There are a variety of things seen as driving up the worth of fuel, together with tight provide and the battle in Ukraine.
Since Jan. 1, the worth of a barrel of oil has gone from $75 to $110 on Friday.
“To me it simply looks like worth gouging,” stated Valerie Alfred, who drives to Richmond Hill from Toronto each day and has no alternative.
“I believe it’s ridiculous. The value of every thing goes up and, in the meantime, our paycheques aren’t going up,” she stated. “There’s no reduction in sight.”
McTeague, who additionally runs the fuel worth monitoring web site Gaswizard.ca, stated this coming summer season could possibly be a painful one.
“We’re prone to proceed to see these costs transfer in direction of a situation on days this summer season the place we’re at $2.25 a litre,” he stated.
slaurie@postmedia.com
