Gas prices in Montreal could go from meteoric to more intermediate next week
Gasoline prices in Montreal have been breaking records for weeks, hitting a new high of $2.24 per liter on Saturday. But motorists could take a break for a few days next week. price monitor gas wizard predicts that gasoline will fall by three cents per liter on Sunday.
Gas Wizard’s Dan McTeague predicts the drop will continue through Wednesday, meaning you have a few days to fill up before fuel costs start to rise again.
CAA Quebec is also encouraging motorists to fill up, indicating that even on Saturday the average price per liter in the province is below market value.
According gas buddy, the cheapest gas in Montreal and the surrounding area can be found at Candiac Costco, where gas costs $2.12 per litre. The Costco d’Anjou sells gasoline at $2.14 per liter, which puts it just behind. Three gas stations in Kahnawake – Harnois, Big Bear Trading Post and Central Station – also bring in $2.14 per litre. The Canadian Tire on Wellington in Verdun is at $2.19 per litre, still five cents below the provincial average.
Of course, prices remain far from the less than $1 a liter many paid during the pandemic before inflation raged in Quebec and conflict in Ukraine erupted.
At this time last year, gasoline was about $1.31 a litre, according to CAA-National. This is a difference of $0.93 compared to the average cost per liter in Quebec on June 11. Experts predict that the rise in gasoline prices will continue over the next few months.