Gas prices in Ottawa rise 14 cents on Thursday
Posted Apr 17, 2024 09:39:13 AM.
Last Updated Apr 18, 2024 09:14:39 AM.
Drivers in the nation’s capital woke up to a double-digit spike at the gas pumps on Thursday, as the price rose 14 cents at midnight.
Roger McKnight, chief petroleum analyst with En-Pro International Inc., tells CityNews the price at gas pumps rose to 178.9 cents/litre at local stations. The price as of Wednesday is 164.9 cents/litre.
The last time gas prices were this high was back in October 2022.
McKnight says the spike is due to price increases for wholesale gas and only applies to gasoline. He adds the price for diesel will increase by 0.4 cents.
Earlier this month, the price rose to its highest levels in six months following the implementation of the federal carbon price, also referred to as the carbon tax.
That saw the carbon tax on gasoline go up by 3.3 cents per litre, while diesel increased by 4.1 cents per litre.
With files from John Marchesan of CityNews
