Prices hit all-time high at London-area gas pumps
Prices across the City of London have broken the $1.50 per litre barrier and many don’t expect to see any relief for some time.
Roger Cramer of London had to get gas and he says it’s costing him about $20 more for a fill-up.
“Well it’s like everything, you go to the grocery store everything is getting crazy so you have to live with it,” he says.
John Orphan is on a fixed income and says he is finding it difficult. “I think it’s just awful,” says Orphan. “Pensions aren’t going up fast enough to cover our costs, so no it’s tough.”
Alison Klassen must fill-up for her job, “I need gas so, it is what it is,” she says. “I’m a travelling clinician so I drive three to four hours a day so I have to fill up. That’s it, I just have to.”
Dan McTeague is the president of Canadians for Affordable Energy and he says it’s all about supply and demand.
“This is really pent-up demand coming back with a vengeance, and whether we like it or not when countries like the United States are short 1.4 million barrels of production a day from where they were pre-COVID, you can see what happens when demand takes over.”
McTeague says don’t expect these prices to come down anytime soon. In fact he adds that by the end of the year you could see gas prices reach $1.65 a litre.
“There just isn’t enough oil to go around and we are not producing enough and demand is very high.”
CTVNews.ca Top Stories
BREAKING Alice Munro, Nobel literature winner revered as short story master, dead at 92
Nobel laureate Alice Munro, the Canadian literary giant who became one of the world's most esteemed contemporary authors and one of history's most honoured short story writers, has died at age 92.
Latest updates on air quality alerts, and when the smoke may reach Ontario and Quebec
Wildfires have led Environment Canada to issue air quality advisories for parts of B.C., Alberta, Manitoba, Saskatchewan and the Northwest Territories, as forecasters warn the smoke could drift farther east.
Are these Canada's best restaurants? Annual top 100 list revealed
The annual list of Canada's top restaurants in the country was just released and here are the places that made the 2024 cut.
Attack on prison van in France kills 2 officers, inmate escapes
Armed assailants killed two French prison officers and seriously wounded three others in an attack on a convoy in Normandy on Tuesday and an inmate escaped, officials said.
Steal a car, lose your driver's licence for 10 years under new Ontario proposal
Repeat car thieves may face lengthy licence bans under proposed changes to Ontario’s Highway Traffic Act.
$1.6B parts plant for Honda electric vehicle batteries coming to Niagara Region
A Japanese company has announced it will build an approximately $1.6-billion plant in Ontario's Niagara Region that will make a key electric vehicle battery component as part of Honda's supply chain in the province.
B.C. brings in law on name changes on day that child killer's new identity revealed
The BC NDP have tabled legislation aimed at stopping people who have committed certain heinous acts from changing their names.
Manitoba premier to visit areas impacted by wildfire
Manitoba Premier Wab Kinew will get a close-up look at the devastation from a large wildfire burning in northern Manitoba Tuesday.
1 killed, 3 injured including toddler, after Hwy. 417 crash in Ottawa
Ontario Provincial Police are responding to a fatal collision involving two vehicles on Highway 417 in Ottawa's west end on Tuesday morning.