Canadians can expect to see high gasoline prices continue this year, but analysts differ on whether the record-setting peak of $2.10-per-litre national average seen in mid-June 2022—as reported by GasBuddy—could happen again.
Gas prices won’t decrease anytime soon, and 2023 will be “expensive and a repeat of 2022,” says Dan McTeague, president of Canadians for Affordable Energy.
McTeague said that while gas prices may have come down briefly around Christmas, he predicts the cost in 2023 will be similar to or higher than last year’s, especially with new carbon taxes planned by the federal government.
“The reality is that energy prices are going to remain high as long as there continues to be a sustained attack on the ability to produce, on the ability to distribute, on the ability to process fuel,” he told The Epoch Times….