Exciting News for Drivers in Ottawa!

Get ready for some excellent news at the pump! Starting at midnight Thursday, gas prices across the National Capital Region are expected to plummet by an impressive eight cents, bringing the price down to just 133.9 cents per litre. This marks the lowest rate we've seen since August!

A Historic Price Drop!

This significant drop, which will kick in just after 12:01 a.m. on September 18, according to Roger McKnight, Chief Petroleum Analyst at En-Pro, stands out as one of the largest single-day declines we've experienced lately.

Why Are Prices Falling?

Recent weeks have seen considerable fluctuations in fuel prices, largely influenced by changes in wholesale costs, seasonal fuel blends, and global oil market trends. While the exact reasons behind Thursday's notable price drop remain somewhat unclear, analysts suggest that the transition from costlier summer-grade gasoline to more economical fall blends, combined with diminished demand following the summer driving season, could be key factors. McKnight confirmed, "Refiners mandated to switch from summer to winter formulated gas effective September 16."

Seize the Opportunity!

With this eagerly awaited decrease, now is the perfect time for drivers to fill up their tanks and enjoy some savings. Keep an eye on those prices and make the most of this relief at the pumps!