'A new era': Canadians should brace for steep summer gas prices, analyst warns
Canadians should prepare themselves for an expensive summer at the pumps as the price of oil continues to skyrocket, with one analyst warning that a $2 per litre price tag may become a common occurrence in many regions.
The warning comes after months of record-high price fluctuations driven by post-pandemic demand for fuel and a decrease in supply, and compounded further by sanctions on Russian oil handed down in March.
Original Article Source Credits: CTV news , https://www.ctvnews.ca/
Article Written By: Nicole Bogart
Original Article Posted on: April 16, 2022
Link to Original Article: https://www.ctvnews.ca/business/a-new-era-canadians-should-brace-for-steep-summer-gas-prices-analyst-warns-1.5863771