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
BREAKING Quebec judge orders bus driver to stand trial for 2023 daycare crash deaths
A judge has ordered a Quebec man to stand trial on charges of first-degree murder in the deaths of two children killed when a bus rammed into a Montreal-area daycare last year.
Sunshine list: These were the Ontario public sector's highest earners in 2023
Ontario released its annual sunshine list Thursday afternoon, noting that the largest year-over-year increases were in hospitals, municipalities, and post-secondary sectors.
Multiple bridges in Calgary shut down for police incident
Calgary police have shut down a number of bridges into and out of the downtown core as officers deal with a distraught individual.
Trudeau's latest pre-budget pledge targets millennial moms, vowing $1B in loans for more child-care spaces
The federal government is launching a new loan program to help child-care providers in Canada expand their spaces, and will be extending further student loan forgiveness and training options for early childhood educators, Prime Minister Justin Trudeau announced Thursday.
Why some Christians are angry about Trump's 'God Bless the USA' Bible
Former U.S. President Donald Trump is officially selling a copy of the Bible themed to Lee Greenwood’s famous song, 'God Bless the USA.' But the concept of a Bible covered in the American flag has raised concern among religious circles.
Krispy Kreme doughnuts coming to McDonald's in U.S., but not Canada
Canadians will be missing out on a sweet new partnership between McDonald's and Krispy Kreme, which will see doughnuts available at McDonald's locations across the U.S. by the end of 2026.
BREAKING Calgary officer charged after allegedly assaulting handcuffed man
A Calgary police officer has been charged after allegedly assaulting a handcuffed man two years ago.
Where is the worst place for allergy sufferers in Canada?
The spring allergy season has started early in many parts of Canada, with high levels of pollen in some cities already. Experts weigh in on which areas have it worse so far this season.
How do you navigate the social media minefield with your kids?
Growing fears about social media's harm have sparked lawsuits against social media companies from hundreds of school districts in the United States and now Canada. CTVNews.ca wants to know whether your children are addicted to social media or if you have concerns about their usage of platforms such as Facebook, Snapchat, TikTok and X.