Gas prices didn’t jump up as predicted in Sault Ste. Marie last week, but basically the rest of the province caught up to us. SaultOnline.com published a story last week about gas prices heading up before the long weekend. The Sault was spared the thanksgiving hike.
Sault motorists have been forking over $1.44.9 for more than a month prior to prices jumping elsewhere in the province last week. Today, we’re paying what those in Southern Ontario are paying. How much longer can that last?
Another jump at the pump is expected before the snow starts flying and temperatures dropping.
Oil and Gas analyst Dan MeTeague predicts the price hikes are just the beginning.
McTeague warns that on December 1st the price could hit the $2.00 mark . The highest gas price ever. McTeauge goes on to say that many factors go into the cost of fuel, including supply and demand. Not to mention additional climate controls such as the Liberal party’s infamous carbon tax.
In an article published by Driving.ca , McTeague is joined by other industry watchdogs about where Canadian gas prices are going. By the sounds of it, what we’re paying today will seem cheap over the next few years.