GAS PRICES SET TO REACH ALL TIME HIGH FRIDAY

Jan 27, 2022

By Christine Ross

Share on

Be prepared for sticker shock at the pumps Friday as gas prices in the Greater Toronto Area are expected to reach an all-time high.

President of Canadians for Affordable Energy Dan McTeague says the price is set to rise more than two cents overnight to reach a new record high of $1.51.9 per litre.

That surpasses the last record high of $1.49.9 in November.

McTeague says the increase is being driven by a global shortage of oil and the recent tensions between Russia and Ukraine.
And there’s no relief in sight as the price could reach $1.65 a litre by the end of the year.

Join Our Fan Club
Coverage Area
Downtown Toronto
96.7FM
Toronto HD
96.3 HD-2
Kingston to Windsor, Parry Sound to Pittsburgh
AM740
ZoomerRadio Logo

Recently Played: