Dan Macteague city London county Ontario covid-19 coronavirus news coronavirus update Dan Macteague city London county Ontario

Fill up your gas tanks now, Ontario, because prices are going up

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A gas price expert expects that the price at the pumps in Ontario has bottomed out. Dan McTeague, president of Canadians for Affordable Energy, told Global News that after a three-cent increase Thursday morning, a five-cent increase is expected on Friday and further increases are expected over the next two weeks. “I don’t think they’ll go any lower any time soon,” said McTeague, noting the cost to fill up in London, Ont., had been averaging at 65 cents a litre but is expected to climb to about 70 to 72 cents a litre over the next few days. “Of course, in the evenings, gas stations love to shed their retail margins, which are about seven and a half cents a litre, six and a half cents a litre, so we often see prices move down.” McTeague adds

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