Gasoline prices in the Greater Toronto Area (GTA) are predicted to fall to 151.9 cents per liter of regular-grade gasoline by Sunday, closely approaching rates seen before the US and Israeli war with Iran.
Motorists in Ontario are advised to wait until Sunday to fill up, as gasoline prices are expected to drop significantly. This forecast from Dan McTeague, head of Canadians for Affordable Energy, suggests a six-cent per liter decrease on Sunday, following a three-cent climb on Saturday. The anticipated Sunday prices would bring them very close to the 137.9 cents per liter peak observed prior to the war's onset. While gasoline prices are set to decline, diesel rates are expected to remain considerably higher than their pre-war levels, indicating a continued cost pressure for businesses relying on diesel fuel.
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