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
Bodies found by U.S. authorities searching for missing B.C. kayakers
United States authorities who have been searching for a pair of missing kayakers from British Columbia since the weekend have recovered two bodies in the nearby San Juan Islands of Washington state.
Amid concerns over 'collateral damage' Trudeau, Freeland defend capital gains tax change
Facing pushback from physicians and businesspeople over the coming increase to the capital gains inclusion rate, Prime Minister Justin Trudeau and his deputy Chrystia Freeland are standing by their plan to target Canada's highest earners.
'It's discriminatory': Individuals refused entry to Ontario legislature for wearing keffiyeh
Individuals being barred from entering Ontario’s legislature while wearing a keffiyeh say the garment is part of their cultural identity— and the only ones making it political are the politicians banning it.
Tom Mulcair: Park littered with trash after 'pilot project' is perfect symbol of Trudeau governance
Former NDP leader Tom Mulcair says that what's happening now in a trash-littered federal park in Quebec is a perfect metaphor for how the Trudeau government runs things.
Saskatchewan households will continue to receive carbon tax rebate: Trudeau
Households in Saskatchewan will continue to receive Canada Carbon Rebate payments, despite the province refusing to remit the federal carbon price on natural gas, Prime Minister Justin Trudeau said Tuesday.
'It's just so hard to let it go': Umar Zameer still haunted by death of Toronto police officer
“It's just so hard to let it go. I mean, everyone is telling me, ‘you have to move on,’ but I know someone is not here [anymore]. So I don't know how I will move on." That’s what Umar Zameer, the man recently acquitted in the death of a Toronto police officer, told CTV News Toronto in a sit-down interview on Tuesday.
Senate expenses climbed to $7.2 million in 2023, up nearly 30%
Senators in Canada claimed $7.2 million in expenses in 2023, a nearly 30 per cent increase over the previous year.
Canucks goalie Thatcher Demko won't play in Game 2
The Vancouver Canucks will be without all-star goalie Thatcher Demko when they face the Nashville Predators in Game 2 of their first-round playoff series.
Pedestrian, baby injured after stroller struck and dragged by vehicle in Squamish, B.C.
Police say a baby and a pedestrian suffered non-life-threatening injuries after a vehicle struck a baby stroller and dragged it for two blocks before stopping in Squamish, B.C.