Seasonal Transition to Summer Gasoline to Bump Gas Prices Higher

TORONTO – GasBuddy, the only company connecting drivers with their Perfect Pit Stop, is warning motorists of an impending increase in gas prices over the next few days leading up to the mandated change to summer gasoline. Set to see the biggest increases are motorists in Ontario, Quebec, Newfoundland and the Maritimes.

As a result of the change-over, motorists will likely see a 4-5c/L increase in Toronto, Ottawa, Montreal, Halifax and St. John’s. A 2c/L increase is likely in Regina, Saskatoon, Calgary, Edmonton, Vancouver and Victoria.

The cost of the more expensive blend of gasoline will cost every driver more from April until mid-September, when requirements are again eased. “For decades, the April change-over may have flown under the radar of many drivers but indeed, federal laws require refiners to produce and sell gasoline that is less susceptible to evapouration given higher ambient temperatures in the early spring, summer and early fall driving season,” said Dan McTeague, senior petroleum analyst at GasBuddy.

“The change means refiners must add more expensive components as part of their fuel processing, a cost that is inevitably passed onto motorists. The switchover and the accompanying price increase aren’t always easy, but its positive contribution to the environment and health in mitigating ground level ozone and even preventing engine vapour lock is a real plus.”

About GasBuddy
GasBuddy is a company that connects drivers with their Perfect Pit Stop. As the leading source for crowdsourced, real-time fuel prices at more than 150,000 gas station convenience stores in the U.S., Canada and Australia, millions of drivers use the GasBuddy app and website every day to find gas station convenience stores based on fuel prices, location and ratings/reviews. GasBuddy’s first-of-its-kind fuel savings program, Pay with GasBuddy, has saved Americans more than $6 million at the pumps since its launch in 2017. The company’s business solutions suite, GasBuddy Business Pages, provides Fuel Marketers and Retailers their best opportunity to maintain their station information, manage their brand, and promote to their target consumer audience. For more information, visit https://www.gasbuddy.com.