Why Are Gas Prices So High 2024 Canada. The main reason is that the world economy is just now waking up. Whether it was heating your home or filling up your vehicle, canadians saw gas and oil prices soar to record highs last year.
Canadians planning a road trip this summer could see some relief at the pumps but a volatile energy market and weather disruptions threaten gas prices in the country, experts say. Gas prices have been steadily climbing this month, but many ontario residents may have been surprised to see the price at the pump jump by 14 cents per litre on thursday.
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