Ottawa drivers fill up ahead of huge gas price increase
Ahead of one of the largest single-day jumps in the price of gas, many drivers in Ottawa are filling up.
"I heard the prices were rising and I've got premium gas so it's even worse," says Mike Wood.
Analysts predict a 10-cent increase between Tuesday and Wednesday, with another small hike possible later in the week.
"Every week it seems to bump up and down five, 10 cents, I can't really track it anymore," says Wood.
Dan McTeague, the president of Canadians for Affordable Energy, says it's "really being driven by global circumstances in particular OPEC (Organization of the Petroleum Exporting Countries) that's likely to cut oil production to get… oil prices back up to where they believe it should be which is $90/barrel versus $76-$77."
Experts say the closure of some refineries in the U.S. for annual maintenance is also driving up prices across the country.
Even before the increase, some drivers are making changes while filling up.
"Usually I would put platinum in my car, today I had to put silver because [it's] $1.50," says Gillian McDonald.
McTeague says this likely isn't the only price hike we'll see in the coming months.
"Watch diesel, airline jet fuel and heating oil go through the roof and bring natural gas with it," McTeague said.
CTVNews.ca Top Stories
Canadian gov't proposes new foreign influence registry as part of wide-spanning new bill
Prime Minister Justin Trudeau's government is proposing a suite of new measures and law changes aimed at countering foreign interference in Canada, amid extensive scrutiny over past meddling attempts and an ever-evolving threat landscape.
Boeing Starliner capsule's first crewed test flight postponed
The long-awaited first crewed test flight of Boeing's new Starliner space capsule was called off for at least 24 hours over a technical issue that launch teams were unable to resolve in time for the planned Monday night lift-off.
Teacher charged in historical sexual assault of Calgary teenage girl
Calgary police have charged a teacher with the alleged sexual assault of a teenage girl more than 20 years ago.
Winnipeg man admits to killing four women, argues he's not criminally responsible
Defence lawyers of Jeremy Skibicki have admitted in court the accused killed four Indigenous women, but argues he is not criminally responsible for the deaths by way of mental disorder – this latest development has triggered a judge-alone trial rather than a jury trial.
Man banned from owning animals after fatal Calgary dog attack
The owner of three Calgary dogs that got loose and mauled a woman to death in 2022 has been ordered to pay a $15,000 fine within one year and banned from owning any animal for 15 years.
East-end Ottawa family dealing with massive rat infestation
Residents in Ottawa’s Elmridge Gardens complex are dealing with a rat infestation that just won’t go away. Now, after doing everything they can to try to fix the issue, they are pleading with the city to step in and help.
Mediterranean staple may lower your risk of death from dementia, study finds
A daily spoonful of olive oil could lower your risk of dying from dementia, according to a new study by Harvard scientists.
An El Nino-less summer is coming. Here's what that could mean for Canada
As Canadians brace themselves for summer temperatures, forecasters say a weakening El Nino cycle doesn’t mean relief from the heat.
Newfoundland and Labrador latest province to tighten rules on Airbnbs
Newfoundland and Labrador is the latest jurisdiction to bring in stricter rules for short-term rentals, with a coming set of regulations that will force operators to register with the provincial government.