Gas prices are expected to rise two cents at midnight, industry watchdog Roger McKnight told 680News.
The senior petroleum adviser at En Pro said drivers will pay an average of 126.8 cents a litre at most GTA gas stations.
Last year on this date, the average price of gas in Toronto was 122.6 cents a litre, according to website Tomorrow’s Gas Price Today.
“The price of oil is at a two-month low,” 680News senior business editor Mike Eppel said.
However, it’s $6 higher a barrel than it was last year at this time, Tomorrow’s Gas Price Today reports.
The price for gas peaked at $1.40 a litre in April.