WARMINGTON: Expect to get hosed at pumps with $2 per litre gas
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Brace yourself for because gas price experts predict drivers are about to get hosed like they never have before.
“Gas is likely going to reach $2 a litre in the Greater Toronto Area on Sunday.” Dan McTeague, of Gas Wizard, said Friday. “All the elements are there and I don’t see any way to stop it.”
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Certainly, if Friday was any indicator, you can see why gas price analysts feel this is inevitable. In some places, just for a few minutes, some pumps went to a record of $1.95.9 cents a litre, but then dipped to $1.92.9 cents a litre.
“Either way these are all record highs,” said McTeague, a one-time Liberal MP who is also president of Canadians for Affordable Energy.
Energy in Canada is no longer affordable.
McTeague said the push to moving everything off of fossil fuels to electric vehicles and super batteries is “unsustainable” and “not realistic.”
Calling it a “green rabbit hole,” McTeague said the orchestrated move away from oil is a “mistake” and the battery dreams to replace it are “not ready for prime time.”
Speaking Friday at the 14th annual Canada Strong and Free conference in Ottawa, less than 24 hours after it held the first Conservative Leadership debate, McTeague raised the spectre of whether $2 a litre is the “tipping point” of what Canadian consumers will tolerate.
He warned the audience at the Shaw Centre convention hall that “you will notice on your way back home the cost of a tank of gas is soaring.”
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People are seeing this at the grocery and other stores.
“It’s unaffordable and the record cost of diesel and gas affects every other aspect of life,” McTeague said.
There are numerous reasons for runaway gas prices.
“Shutting down pipelines is one of the key reasons,” said McTeague. “But carbon tax is another big one.”
The “tanking Canadian dollar” and inflation and a war in Ukraine don’t help either, he added.
It is interesting how governments are able to get the public to focus on foreign wars while accepting pandemic mandates, spying on Canadians, the invoking the Emergencies Act, and censorship of the internet. But on obscene costs of operating daily family life, people shrug their shoulders and pay up.
“It’s out of control,” McTeague said of gas prices. “It’s time for politicians to wake up.”
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