Canadian gas prices reach 'record territory' amid attack on Ukraine

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Canadian gas prices have reached record territory and show no signs of easing as Russia’s attack on Ukraine puts even greater pressure on the oil market.

, with analysts warning that a whopping 10-cent per litre rise is likely approaching.

High demand for oil combined with a shortage of supply has been pushing oil prices, and consequently, gas prices up for weeks.leading to dramatic price increases. In response, Industry Minister François-Philippe Champagne told reporters on Parliament Hill Wednesday that he has asked the Competition Bureau to keep an eye on gas prices, noting that he has spoken to companies about boosting domestic production to counteract any possible shortages.

 

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Why not tax energy companies not hard working Canadian

Only one person to blame the evil Czar Putin!

Few years back when oil was $150 a barrel we were paying $ 1.45 per litre at the pumps .

This has zero to do with Ukraine. Zero. Carbon tax and inflation are Justin’s fault. 100%. Do. Not. Be. Fooled.

ElectricVehicles ✊

How about increasing production and convince sleepy Joe to up production as well instead of going to OPEC. Even saying they will increase will push the price per barrel down.

Just imagine if we had our own oil rich land.. 😒

Ya just shows you how much fuel we buy from russia. Now our corrupt leader is supporting their war.

War is particularly to blame , the real reason is JustinTrudeau and his carbon tax ( which by the way where is all that extra money going)

Wait until motorists figure out what the socioeconomic costs of gasoline are...

Totally 100% derived from our 3% reliance on Russian oil. Not the Trudeau admin total ignorance with economics...

The attack on ukraine has very little to do with it. Is is all Turdeaus bullshit.

Small price to pay for freedom, drive less, car pool, buy a smaller car

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