Gas prices to head lower
Posted May 5, 2011 05:00:04 PM.
This article is more than 5 years old.
There’s some much needed relief on the way for drivers. Gas prices are expected to head down by 3.4 cents per litre, bringing the average price in Waterloo Region to 132.1 cents per litre.
Gas price watcher Dan McTeague says, “The numbers do not support the status quo and so what’s going to happen is that there’s going to be a rather pleasant drop in the price of gasoline tonight…”
He says reality is finally setting in that the U.S. market is weak and that there’s plenty of supply.