Gas prices drop across Simcoe County
Travellers saw another decrease in gas prices Saturday, with Barrie residents seeing rates drop below $1.60 per litre.
“We’ve seen what could be by Sunday a four-day period in which gasoline prices have dropped 23 cents per litre. That’s unprecedented. That’s never happened, even in 2009,” said Dan McTeague, President of Canadians for Affordable Energy.
“The massive increases were reactionary. And I think this is bringing them back down to more normality, and that can only be a good thing,” said motorist Alan Moore.
Travellers are pleased to see the prices drop but not satisfied.
“How quickly they’ve come down over the past few weeks really just kind of reinforces how absurd, and crazy the rapid increases were,” added Moore.
“It’s going in the right direction, but it makes a big difference to whether you want to head up north, and it adds another 20-30 bucks to your trip each way which you’ve got to think about,” said Stephen Bell, while travelling through Barrie.
However, some say they’ve been able to avoid the wrath of the rising prices at the pumps in recent months.
“Post COVID, a lot of people have the ability to work from home. I’ve been lucky enough to be in that group. Personally, gas prices haven’t hit me too hard,” said Moore.
But unfortunately, not everyone has been so lucky.
“I drive to Brampton every day for work, and I live up here, so it’s a good amount of gas to go through and then the food prices as well and everything else is going up gas prices just hurt it,” said Michael Gillies.
The volatility in gas prices has left residents unsure what to expect daily when filling up.
“What I think we’re looking at here is some confusing numbers, and I think it’s up now to the US administration department of energy to clarify. I think erroneous data that it published that may be at the root of why we’re seeing these dramatic decreases as welcome as they are,” said McTeague.
Motorists don’t even want to venture a guess at where prices will go next.
“Not very optimistic unless the government drops the tax component of gas. I don’t think the Russia-Ukraine war is going anywhere, which means we will have the same sort of supply issues which drives up price,” said Bell.
“My buddy drives a smaller Ranger, and it’s still $45 for about a quarter of a tank,” said Gillies.
McTeague, a petroleum analyst says drivers can expect another two to three cent decrease on Sunday. Moving prices to a level we haven’t seen since February.
CTVNews.ca Top Stories
Doctors ask Liberal government to reconsider capital gains tax change
The Canadian Medical Association is asking the federal government to reconsider its proposed changes to capital gains taxation, arguing it will affect doctors' retirement savings.
Keeping these exotic pets is 'cruel' and 'dangerous,' Canadian animal advocates say
Canadian pet owners are finding companionship beyond dogs and cats. Tigers, alligators, scorpions and tarantulas are among some of the exotic pets they are keeping in private homes, which pose risks to public safety and animal welfare, advocates say.
BREAKING Man wanted in connection with deadly shooting in Toronto tops list of most wanted fugitives in Canada
A 35-year-old man wanted in connection with the murder of Toronto resident 29-year-old Sharmar Powell-Flowers nine months ago has topped the list of the BOLO program’s 25 most wanted fugitives across Canada, police announced Tuesday.
Prince William and wife Kate thank public for birthday messages for son Louis
Prince William and his wife Kate thanked the public for their messages which had been sent to mark the sixth birthday of their youngest son Louis on Tuesday.
She was the closest she'd ever been to meeting her biological father. Then life dealt her a blow
Anne Marie Cavner was the closest she'd ever been to meeting her biological father, but then life dealt her a blow. From an unexpected loss to a host of new relationships, a DNA test changed her life, and she doesn't regret a thing.
How quietly promised law changes in the 2024 federal budget could impact your day-to-day life
The 2024 federal budget released last week includes numerous big spending promises that have garnered headlines. But, tucked into the 416-page document are also series of smaller items, such as promising to amend the law regarding infant formula and to force banks to label government rebates, that you may have missed.
Fire engulfs old Edmonton municipal airport hangar
A historical hangar at the former Edmonton municipal airport beside the NAIT main campus was on fire Monday night.
Soft skills, preparation can help new graduates land jobs, experts say
As new graduates enter the workforce over the next few weeks, they are likely to face challenges getting their foot in the door and must be prepared to effectively communicate what they bring to the company.
RCMP uncovers plot to sell drones and equipment to Libya
The RCMP says it has uncovered a ploy to sell Chinese drones and military equipment to Libya illegally.