Gas prices expected to fall another 10 cents in time for long weekend
If you think that long weekends always means a spike in gas prices, you’ll be pleased to know that this Victoria Day weekend is expected to be the exception to that rule.
While the price at the pumps fell by about three cents on Thursday to approximately $2.06 per litre of regular in London, it’s expected to drop another ten cents on Friday to around $1.96.
Not everyone is impressed.
“I mean it’s crazy,” said one driver filling up at a west London gas station Thursday. “If you remember the first time it crossed the one dollar, everybody was going nuts. And now we’re kind of getting used to two dollars, so going down, I think it’ll be good.”
Dan McTeague, the president of Canadians for Affordable Energy said the upcoming price drop was unexpected, but is the result of volatility in the markets this week.
“We’re seeing a drop on Friday because of what happened in markets, which was Wednesday where we saw gasoline drop almost 30 cents, 32 cents a gallon,” said McTeague. “In fact the Canadian dollar picked up a tiny bit of steam, so that really helped as well.”
While ten cents may seem like a large decrease at one time, it’s but a drop in the jerry-can for some.
“It’s ridiculous, $30 gives you 14 litres,” complained another driver at the same West London gas station. “It’s absolutely unheard of. Somebody’s making a lot of money and it’s not us little people, that’s for sure.”
Meantime, don’t get too used to the lower price. Dan McTeague says the decrease at the pumps may only be a temporary reprieve.
CTVNews.ca Top Stories
LIVE B.C. seeks ban on using drugs in 'all public spaces,' shifting approach to decriminalization
The B.C. government is moving to have drug use banned in 'all public spaces,' marking a major shift in the province's approach to decriminalization.
Air traveller complaints to Canadian Transportation Agency hit new high
The Canadian Transportation Agency has hit a record high of more than 71,000 complaints in a backlog. The quasi-judicial regulator and tribunal tasked with settling disputes between customers and the airlines says the backlog is growing because the number of incoming complaints keeps increasing.
Orca calf that was trapped in B.C. lagoon for weeks swims free
An orca whale calf that has been stranded in a B.C. lagoon for weeks after her pregnant mother died swam out on her own early Friday morning.
Sophie Gregoire Trudeau on navigating post-political life, co-parenting and freedom
Sophie Gregoire Trudeau says there is 'still so much love' between her and Prime Minister Justin Trudeau, as they navigate their post-separation relationship co-parenting their three children.
More than 115 cases of eye damage reported in Ontario after solar eclipse
More than 115 people who viewed the solar eclipse in Ontario earlier this month experienced eye damage after the event, according to eye doctors in the province.
U.S. flight attendant indicted in attempt to record teen girl in airplane bathroom
An American Airlines flight attendant was indicted Thursday after authorities said he tried to secretly record video of a 14-year-old girl using an airplane bathroom last September.
76ers All-Star centre Joel Embiid says he has Bell's palsy
Philadelphia 76ers All-Star centre Joel Embiid has been diagnosed with Bell’s palsy, a form of facial paralysis he says has affected him since before the play-in tournament.
AFN chief says Air Canada offered a 15% discount after her headdress was mishandled
After the Assembly of First Nations' national chief complained to Air Canada about how staffers treated her and her ceremonial headdress on a flight this week, she says the airline responded by offering a 15 per cent discount on her next flight.
Trump's lawyers try to discredit testimony of prosecution's first witness in hush money trial
Donald Trump's defence team attacked the credibility Friday of the prosecution's first witness in his hush money case, seeking to discredit testimony detailing a scheme between Trump and a tabloid to bury negative stories to protect the Republican's 2016 presidential campaign.