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Ottawa gas prices: Prices to drop 4 cents a litre on Friday [Video]

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Canadian Energy Price News

Some relief is on the way for motorists at the pumps, after gas prices climbed in Ottawa overnight to the highest levels since August 2022.

Gas prices jumped 14 cents a litre Thursday morning at stations in Ottawa and across Ontario. Motorists in Ottawa reported gas selling for $1.78 or $1.79 a litre.

Canadians for Affordable Energy president Dan McTeague says gas prices will fall 4 cents a litre on Friday to 175.9 cents a litre.

McTeague has said this week’s 14-cent increase in gas prices is due to the higher cost of summer blended gasoline, as refineries switch from winter to summer blend.

“Sometimes it is 5 cents or 6 cents, I’ve seen it as bad as 10, maybe 11 cents but never 14 cents,” McTeague told CTV Morning Live.

“The cost to refineries of switching butane, which they use during the winter for winter gasoline, swapped out for …

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