Drivers in Toronto will want to fill up today before gas prices go up another seven cents a litre Wednesday, according to one energy analyst. <\/p>\n
Dan McTeague, president of Canadians for Affordable Energy, says the average price of gas in the Greater Toronto Area is currently sitting at approximately 188 cents per litre and will climb to 195 cents per litre tomorrow.<\/p>\n
\u201cWe\u2019re getting to that point on gasoline where we\u2019re knocking on the $2-a-litre door\u201d McTeague told Newstalk 1010\u2019s Moore in the Morning on Tuesday.<\/p>\n
McTeague predicts that, as the conflict in Iran continues, gas prices will continue to climb incrementally to a point where \u201cpeople recognize it\u2019s just too expensive to drive.\u201d<\/p>\n
He recalled when gas prices in Toronto reached their 215 cents per litre peak in 2022. But even then, the cost pulled back within a few days.<\/p>\n
\u201cThese prices are going higher, and they\u2019re going to stay there for quite some time. Worst case scenario, though, is that we have to keep an eye on what could be a shortage in supply.\u201d<\/p>\n
“We’re heading up for a seven cent increase tomorrow going from 188.9 to 195.9 in the GTA, we’re getting to that point on gasoline where we’re knocking on the $2 litre.” @GasPriceWizard<\/a> Dan McTeague reads the tea leaves for @MooreintheAM<\/a> on where gas prices are going this week. pic.twitter.com\/dwlgyj3ZeY<\/a><\/p>\n \u2014 NEWSTALK 1010 (@NEWSTALK1010) May 5, 2026<\/a><\/p>\n