Big gas price spike coming

10 to $0.15 tonight. How do you feel about that? Not great. I absolutely hate it. It makes no sense to me. Well, that’s a lot, don’t you think? It’s crazy, you know, it’s the way that the prices are going here. That’s why I’m here. That’s why you’re here getting it in early. Expect a big jump in the price of gasoline overnight, possibly as much as another $0.15 per liter. According to Patrick de Haan, the head of petroleum analysis, a GasBuddy. The big jump is primarily because the final step in the transition to summer gas has happened. Going into effect yesterday. Essentially go from a big stockpile of winter gasoline to a very small stockpile of summer gasoline because of the changeover. That is why prices are going up so significantly all at once is essentially we were seeing discounts on winter gasoline to get rid of it, but now that we’ve made the jump, summer gasoline inventories are much lower and thus a much higher price. Part of the increase in gas prices is the general increase in inflation, which has also been fed by the increase in gas prices. Meanwhile, overbearing is a distinguished professor of operations management at the Rodman School of Management Studies with U of T. He says trouble abroad has also led to uncertainty driving upward pressure on oil prices, both the war between Ukraine and Russia. To relatively large gas and energy exporters, and I think that now also the situation in Iran, both agreeing taxes are also playing a part. On April 1st, Canada’s carbon tax once again bumped up you’re you’re here to get it while it’s still cheap. Cheap is 165. How do you feel about that? Better than it being 175 tomorrow. It just keeps getting worse and worse and worse. So for the average family trying to live in Canada, it’s impossible. It’s affecting a lot of a lot of things. Not just not just driving, it’s affecting daily life. That’s what it is. When it goes to empty, you just got to feel it. Now. As for some relief, we could be expecting a little bit in June or July at the University of Toronto. David Zura, City News.

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