Gasoline prices to drop again
OTTAWA—Gasoline prices are expected to drop again tomorrow after a big spike at the pumps earlier this week.
The price-predicting website TomorrowsGasPricesToday.com says the cost of a litre of gasoline will be anywhere from five to seven cents lower after midnight tonight, depending on the region.
And McTeague says consumers should brace for more price shocks in coming days thanks to continued volatility in Europe and predictions that the U.S. Federal Reserve will move to stimulate the American economy.
Gasoline prices shot up as much as 13 cents in Montreal yesterday to a high of $1.53 per litre.
There were smaller price increases elsewhere, including a spike of 3.4 cents a litre in Toronto where prices averaged $1.36.8 cents.