Anyone planning a big road trip this weekend? You might want to hold off on filling up the tank. Canadian gas prices are expected to drop on Sunday. Travellers can save five to six cents per litre depending on where they are.
Dan McTeague, also known on Twitter as @GasPriceWizard has shared his forecast for gas prices in the coming days, saying that patience will pay off.
“Fuel pump Price Warning sign: after falling 2 cent a a litre tomorrow, #gasproces are set to FALL 5 (net) cents a litre on Sunday for #Toronto #GTA #Ottawa #Hamilton #LdnOnt #Barrie #KW #Niagara #Peterborough #Windsor #Kingston #Sudbury #ThunderBay and most of #Ontario (to 102.9 cpl in the GTA),” McTeague wrote in a March 6 tweet.
The Gas Price Wizard also tweeted that prices would be similarly dropping in Western Canada, writing “Fuel pump Price Warning sign: #Gasprices to FALL 6 (net) cents a litre between now and Sunday for #Winnipeg #Saskatoon #Regina #Calgary #Edmonton #Kamloops #Kelowna with many cities in #Manitoba #Saskatchewan #Alberta and central #BC following suit. Hold-off until Sunday before filling up.
McTeague, who is a former MP and also the President of Canadians for Affordable Energy, has made gas price predictions his niche on the social platform.
According to Gasbuddy, the average price per litre of fuel in Canada is at 108.8 cents as of 11:05 AM on March 7.
Prices could be going down due to the spread of coronavirus. McTeague previously told CTV News, “It looks like more bad news globally with respects to the spread of the coronavirus is leading to markets really shedding their value. That’s not just oil and gasoline but all commodities.”
Even if travelling isn’t high on your to-do list, filling up your tank for a little bit less is always a good thing, especially if you’re a commuter.