Hosed at the gas pump! Dealing with gas prices in Canada

TORONTO, ONTARIO, April 12, 2017 – It is the first long weekend of spring which means gas prices in Canada are jacking up the cost of gas at the dismay of motorists. On average, gas prices went up by six cents at midnight and now drivers are left scrambling to pick up the tab. gas prices in Canada

As the mercury rises, so will gas prices. A year ago, the highest price Canadians paid on average for gas was 96 cents in comparison to today’s average price of 121.9 cents according to GasBuddy.com. As the busy spring and summer road trip season approaches, drivers should expect to see more increases at the pump as gas will be in high demand.
“As gas prices continue to rise, it will affect many families greatly. The extra $10 or $20 or more they spend on gas on a weekly basis could mean, the less they have to spend on other household expenses,” says Jeffrey Schwartz, executive director, Consolidated Credit Counseling Services of Canada.

“If the increases in gas prices are affecting your ability to pay your bills or putting you into debt, take a step back and retool your budget. It may be a matter of reducing your discretionary spending or brown bagging your lunch for added savings. Now is the time to look at your options,” says Schwartz.                                                                                                                                                                                                                     Although rising gas prices may be a thorn in the side of motorists from coast to coast, Consolidated Credit Counseling Services of Canada has some tips to help drivers lower their fuel consumption:

Ease your foot off the gas

If you enjoy driving over the posted speed limit and then brake really hard once you see the stop light – you’re burning way more gas than you need to. Instead follow the posted speed limits or even use your vehicle’ cruise control feature. Driving around your city with a light foot can increase your gas mileage by 33 per cent by highway driving and by 5 per cent in town driving according to the U.S. Department of Energy.

Keep your tires firm

When you drive on soft tires, your vehicle will burn more fuel. So keep your tires firm according to your vehicle’s maintenance manual. If you can’t find your owners manual, tire experts normally recommend tire pressure to be somewhere between 30 and 32 pounds per square inch (PSI).

Don’t be idle!

Idling your ride is a big waste of fuel. You want to keep your gas in your car as long as you can. So try not to idle your vehicle for more than a minute. If you idle your vehicle longer, realize you are losing between half-a-gallon to one gallon of gas per hour and polluting the environment with CO2.

Lighten your load

A full trunk will not only slow you down when you are driving, it makes your car work harder than it needs too. So lessen your load and save your gas!

Ditch your ride!

Now that old man winter has had his last hoorah it’s time to ditch your ride by driving it less. Consider taking public transit, carpooling or if possible; taking your bike to work!

“Regular vehicle maintenance takes up a large portion of the budgets of Canadians. And with rising gas prices, it can be hard for some Canadians to stay afloat with their fuel costs and debt. Nevertheless, if consumers learn how to reduce their fuel consumption – it will stretch their dollars further,” says Schwartz.

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About Consolidated Credit Counseling Services of Canada, Inc.:

Consolidated Credit Counseling Services of Canada is a national non-profit credit counselling organization that teaches consumers about personal finance.

For more information or to request an interview with Jeffrey Schwartz, please contact:

Natasha Carr, Community and Public Relations Manager,
Consolidated Credit Counseling Services of Canada, Inc.,
T: 416-915-7283 ext.1041, C: 416-830-4720, F: 416-915-5200, E: ncarr@consolidatedcredit.ca

Press Inquiries

Shivani Karwal
Media Manager

pr@consolidatedcredit.ca
1-800-656-4120 x 1055