Saturday, October 1, 2022

Ottawa gas prices hit record high

Ottawa gas prices have hit record highs, and one expert says they will rise further throughout the weekend.

The average gas price in Ottawa hit $1.50 a liter on Friday morning. He is expected to go up one more paisa on Saturday and another paisa on Sunday.

“We’re looking at $1.52, $1.53 at the high end,” Dan McTeague, president of the Canadian for Affordable Energy, told CTV Morning Live. “These are all record prices.”

Rising crude oil prices lead to rising gas costs. On Wednesday, a barrel of crude reached US $ 90, which is the highest since 2014.

“They are not likely to slow down,” McTeague said. “If we go to $100 oil, we can see a scenario of $1.60 a liter.”

McTeague said that supply chain constraints, tensions in Ukraine, weakening of the Canadian dollar are also contributing factors.

Ottawa motorists were surprised to find a price of $1.50 a liter on Friday.

“It’s the first time I’ve seen it for certain,” Martin said. “I’m not going to fill it all up.”

Lara Nasrallah called gas prices “crazy”.

“Gas prices are going up like crazy,” Nasrallah said on Friday afternoon. “Can’t keep the keys, I have to work; so, I don’t know what we can do.”

The CAA offers several tips to cut fuel consumption, including getting all your work done in one trip instead of several short trips.

“You want to make sure the tire pressure is at the proper inflation, we’re at just the right temperature where they can fluctuate,” said Mike Schmidt, operations manager for CAA North-East Ontario.

“Plan your trips, we have all this amazing technology – we have Google Maps, we have Waze, Apple Maps; we’ve got navigation in everything in our cars. Those systems are designed to get you what you want.” The fastest, most efficient route possible.”

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Nation World News Desk
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