Toronto, GTA gas prices set to jump Saturday after Friday’s brief dip
Toronto and GTA drivers should fill up their gas tanks on Friday as prices will climb steadily again this weekend, with costs at the pump expected to rise seven cents on Saturday, according to En‑Pro International’s chief petroleum analyst Roger McKnight. Prices are forecast to move from 179.9 cents/litre on Friday — the lowest so […]
Drivers in Toronto and the Greater Toronto Area (GTA) should fill up their gas tanks on Friday due to a predicted rise in fuel prices this weekend, according to En-Pro International’s chief petroleum analyst, Roger McKnight. McKnight forecasts that prices will climb seven cents to 186.9 cents per litre on Saturday, up from Friday's low of 179.9 cents per litre.
This increase follows a significant eight-cent drop the previous day, caused by the industry's seasonal transition from summer to winter gasoline blends. Winter fuel is less expensive to produce, often resulting in early-fall price reductions. However, these temporary declines can be brief. While Friday's price drop provided a short reprieve for motorists, McKnight warns that market volatility, refinery adjustments, and fluctuating demand could quickly drive prices back up, particularly as the fall travel season approaches.
The projected Saturday price of 186.9 cents per litre brings the GTA back to levels observed earlier this week and remains higher than the highs recorded in June, July, and August. For the most up-to-date information, readers can check the CityNews Toronto gas prices page daily.
Written by urgent.news from CityNews's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
