Toronto Gas Prices Continue to Rise

Gas prices hit the $1.20/L mark in mid-June and prices can be expected to continue going up this summer. The half-year of cheap gas is beginning to end in Toronto and prices will likely revert to the "normal" of 130 to 140 cent per litre during the summer. 

This graph displays the upwards trend of Toronto gas prices:

 

If you are interested in tracking gas prices I recommend that you visit these two websites:

http://tomorrowsgaspricetoday.com/gas-prices/?city=133 

http://www.torontogasprices.com/retail_price_chart.aspx 

The first site, Tomorrow's Gas Prices Today, accurately predicts the price of oil over a short period of time. Toronto Gas Buddy gives great graphs that show average gas prices in Toronto. There is even a graph that shows how the price of a litre of gasoline has changed since 2006. 

 

Toronto Gas Prices

Since the big fall in gas prices during January 2015, gas prices have increased, but now they are beginning to slowly decrease again. These posts will display gas prices weekly. Only business days are included in graphs and weekend prices are interpolated.

The below graph shows gas prices so far since February 3, 2015.

Gas prices cannot be accurately extrapolated very far, so weekly and monthly trends will be analyzed instead.