Gas prices in Canada are approaching record highs and could remain there through much for the summer.
With oil prices climbing, drivers from coast to coast are likely in for the priciest driving season in four years, according to analysts.
The national average gas price is currently hovering around $1.34 a litre, up from around $1.09 a litre this time last year, said Dan McTeague, senior petroleum analyst at GasBuddy. And there are few signs that the pain at the pump will ease off as the spring turns into summer.
Gas prices in Canada jump by between five and seven cents a litre on average at the end of May. It’s unclear whether the same will happen this year, given that prices are already 25 cents a litre above last year’s levels.
Read full story here: Canadians Could Pay Over $1,000 For Gas This Summer – National | Globalnews.ca
