Gas Price Relief in Toronto and the GTA

Exciting news for drivers in Toronto and the Greater Toronto Area (GTA)! Relief is on the way at the gas stations this week, with prices set to drop for the second consecutive day.

A Significant Decrease Ahead

According to gas expert Roger McKnight from En-Pro International Inc., a significant five-cent per litre decrease is expected this Thursday, June 26. This will bring the average cost of regular fuel to 132.9 cents per litre—a remarkable nine-cent drop in just two days!

Recent Price Trends

This latest reduction follows a four-cent decline on Wednesday, when prices dipped from a peak of 141.9 cents per litre from Tuesday. It's worth noting that earlier this month, the lowest gas prices were recorded on June 6, hitting 131.9 cents per litre at many stations before rising steeply.

Timing is Everything

The timing of this price drop could not be more perfect, coinciding with the upcoming Canada Day long weekend. Even though July 1 falls on a Tuesday this year, history shows that gas prices typically surge in the days leading up to holidays. Therefore, drivers should brace themselves for another upward price trend soon.

Fill Up While You Can!

Given this impending shift, it's wise for drivers to fill up their tanks sooner rather than later. With gas prices fluctuating, taking advantage of this lower rate might just save you some valuable cash!