Gas prices continue to surge higher in Canada, with more increases expected next week & More News Here

Gasoline prices continued to development upward throughout a lot of Canada over the weekend and specialists warn more increases are coming this week.

The Canadian Automobile Association says nationwide common fuel prices rose to practically $2.06 on Sunday, up nearly three cents from the day earlier than and 11 cents higher in contrast with a week in the past.

Dan McTeague, president of Canadians for Affordable Energy, says gas prices will continue to surge in the approaching days.

In a forecast shared on Twitter, he says the common value of gasoline may attain $2.12 a litre by Monday afternoon.

Gas prices have risen quickly over the past yr as a good international provide is worsened by the Russian invasion of Ukraine.

Prices have additionally been pushed higher by robust demand because the financial system reopens after lockdowns imposed due to the COVID-19 pandemic and a busy journey season will get underway.

This report by The Canadian Press was first revealed June 5, 2022.

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