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Gas Prices Set to Drop by 6 Cents Overnight

A volatile gas market will see the average price of gas in Oxford go from $1.90.9 a litre on Thursday all the way down to 1.69.9 by Saturday. 

Gas prices are set to dip again over night in Ontario.

President of Canadians for Affordable Energy Dan McTeague says the market is insane right now. He notes their is no rhyme or reason as to why this fluctuation is happening on daily basis.

Prices dropped 15 cents overnight from Thursday to Friday and are expected to dip another 6 cents for Saturday.

This will push the average price of gas in Oxford go from $1.90.9 a litre on Thursday all the way down to 1.69.9 by Saturday.

The price of oil dropped this week to $107 a barrel, which is down $17 in just two days. 

The Russian invasion of Ukraine is the main reason the market is so volatile right now. 


 

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