Is COVID-19 to blame for skyrocketing gas prices? | Energy analyst explains what to prepare for

Canadians for Affordable Energy President Dan McTeague explains why gas prices have surged in Toronto, and if it will spread across Canada.


Connect with CTV News:

---
CTV News is Canada's most-watched news organization both locally and nationally, and has a network of national, international, and local news operations.

[jaybloo]

I'm sure the "carbon tax" has absolutely nothing to do with it.

[tertessa]

Would think that Trudeau would be to blame 🤔

[ChelseaSierraK.]

Is COVID-19 to blame for skyrocketing gas prices?
NOPE, GREED!!

[andrewd]

You know whats going to be really scary, when its winter and you take a look at your heating bill! Thank Trudeau and his carbon tax for that one!

[Davidjune]

Gas prices are spiking because your fuel is being shipped by rail to get into the region to help meet supply/demand. All because you shut down new pipelines that would have fed eastern refineries to meet demand.

You also have a country who is importing gas from the USA because there isn’t enough local supply, that exposes your market to foreign price setting from a country who is opposed to your economic survival in multiple industries.

It’s really surprising that there is absolutely zero understanding of the economic predicament you are in when you cannot chain together the consequences of your own actions.

[vincejr]

Carbon tax, blocking pipelines, OPEC, and anti-oil lobbyists.

[kyga]

They can start complaining when they hit $1.70 like BC has already done.

[Starmanstriker]

Maybe we should process our oil IN CANADA…

[russlee]

The biggest contributor to high gas price is carbon tax.

[Disgruntledgamer]

I'm pretty sure the Carbon Tax and canceled pipelines had nothing to do with it. Blame it on anything but Trudeau...

[canadiansforA]

No PM blackface is to blame for the carbon tax and not creating our own gas plants and development of the tar sands

[bikeman]

These prices are nothing compared to Vancouver try 1.80

[theschiznit]

It's because gas is mostly tax, and the Liberals intend to tax it even more. These inflationary increases are because of reckless budgets that will balance themselves into peso territory.

[alejandroalvarado]

Nop...you have to blame Trudeau's Bidens agreements

[pasqualinamichelaconsiglio]

Long weekend? Doesn't the gas prices go up whenever there is a long weekend coming up?

[Lionforaday]

Gee, and I thought it was Joe Biden and Justin Trudeau, my bad.

[shanes]

bad time to mention hte carbon tax and the anticipated 200$ a ton?
cause it is maybe a 1/4 of the way there right now

[Heartadia]

In Vancouver this summer, I believe our highest was around $1.80 / L.

[petetr]

Blame Harper he was the PM at one time 🥴

[Bobarino]

Carbon tax is driving prices up on all main items, gas food etc.