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London gas prices stay high at $1.40/L due to weak dollar and fuel standards, despite carbon tax removal.
Despite the federal carbon tax removal in April, London gas prices remain high at about $1.40 per litre due to a weak Canadian dollar adding 25 cents per litre and the Clean Fuel Standard increasing costs by 5–6 cents, potentially rising to 18–20 cents by 2030.
Stations are no longer absorbing their usual 10-cent margin, especially as convenience store sales offer higher profits.
Prices are comparable to last year’s levels despite lower oil prices, and experts recommend filling up after 6 p.m. to save money.
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Los precios del gas en Londres se mantienen altos en $1.40/L debido a la debilidad del dólar y los estándares de combustible, a pesar de la eliminación del impuesto al carbono.