Price at the pump falling today but not tomorrow: Analyst

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  2. Prices at the pump are definitely trickling down – and it’s not because of the post-hurricane clean ups south of the border.

    Petroleum industry analyst Dan McTeague of gasbuddy.com had warned motorists not to fill up Tuesday because a five cent a litre price drop was on the way Wednesday with the seasonal shift to cheaper “winter spec” gas.

    He predicted, however, a rise of a penny a litre on Thursday.

    On Wednesday morning, Ottawa gas prices ranged from a low of 111.3 cents a litre to a high of 120.9 cents, according to motorists’ reports to ottawagasprices.com.

    The local average, at 116.4 cents a litre, was falling and below the Ontario and national averages at 118.99 cents and 117.08 cents respectively.


    ICYMI – #Toronto #Ottawa #GTA #LdnOnt #Hamilton #Barrie #KW #Windsor #Niagara #Guelph to [​IMG]a 5 CENT/LITRE DROP WED. – avoid filling up today https://t.co/E62dZBAHW3

    — Dan McTeague (@GasBuddyDan) September 12, 2017


    Indeed and #Toronto #GTA #Hamilton #Ottawa #LdnOnt #Barrie #KW #Windsor #Niagara will [​IMG]a 1 ct/l RISE @ the ??Thursday (to 116.9 in the #GTA) https://t.co/wwgbKD6uaM

    — Dan McTeague (@GasBuddyDan) September 13, 2017


    Gas Price Alert – Shift to Winter spec gas means benchmark gas prices FALL 5-6 cts/l wholesale for Wed in eastern Canada, EXCEPT Maritimes

    — Dan McTeague (@GasBuddyDan) September 12, 2017

    [​IMG]

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