Gas prices soaring high across Canada this year
When it comes to advocating for lower gas prices across Canada, it appears that nobody in the position to do anything about robbery at the pumps is listening as a new report just released has a gloomy forecast for 2018 when it comes to the cost to fuel up.
According to the new report, released by GasBuddy gas prices will average $1.19 a leter across Canada, a 4-year-high, and up 5 scents from this year.
When you factor in the holidays, when gas prices magically jump even more, Canadian motorists are in for a stormy year when it comes to filling up.
Drivers paying through the nose
When it comes to the cities to be hit the hardest, Montreal, Victoria and Vancouver will be hit the hardest, which sucks when you factor in how freaken expensive it is to live in either of those cities already.
A leter of gas in Vancouver will set you back an average of $1.49 this year.
A leter of gas in Montreal will cost you $1.45.
A leter of gas in Victoria will cost you on average, $1.41.
If you live in Charlottetown, Winnipeg or Saskatoon, lucky you as you will pay on average $1.26 a leter, the lost average nationwide.
“Circumstances beyond Canada’s control, including a surging U.S. dollar versus a weaker loonie, increasing U.S. fuel demand and growing exports, will put a premium on what Canadians will pay at the pumps in 2018,” said GasBuddy senior petroleum analyst Dan McTeague. “We estimate pump prices will, therefore, rise an average of five cents a litre across the country.”
If it is any consolation, drivers will pay the lowest rate for gas in January, but when September rolls around be prepared to really fork it out as according to GasBuddy this is the month when gas prices will peak.
What can you do?
So aside from parking your car in the garage and taking the bus to work every day, is there anything that motorists can do to ease the blow?
“While many may think there’s no way to feel like you win at the pump, there’s certainly much motorists can do to soften the blow of paying for gas. One can easily ‘outsmart the pump’ by shopping around for the lowest price,” according to Patrick DeHaan, head of petroleum analysis at GasBuddy.”
He suggests that people do their legwork and shop around the different gas stations in their area to find the one with the lowest price and says that there are even phone apps to help with this.