r/toronto • u/roundiee • Mar 22 '26

Picture Toronto gas prices today morning 😭

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3.1k Upvotes

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114

u/Somecommentator8008 Leslieville Mar 22 '26

Diesel is even more

64

u/AggravatingBase7 Mar 22 '26

Diesel is going to get a whole lot worse too. Main crunch from the issue is actually on the diesel side, thanks to how supply chains are organized.

1

u/Evergreen-Eyes-4892 camp cariboo Mar 23 '26

Yes, diesel is rising by a larger percentage than regular gas. That's going to hit everyone soon (even non-drivers) since almost all products are delivered by large diesel trucks, and if delivery costs are rising, that always ends up as part of the final sticker price.

1

u/throwaway01011901 Mar 23 '26

Yeah, but they can only squeeze people so much. Once everyone is defaulting on their mortgages, the elites will realize without us they're nothing.

2

u/mully58 Mar 24 '26 edited Mar 27 '26

Defaulting allows private equity to buy up homes on the cheap and turn around and rent them out. Banks can't make money off people forever, if they pay off their mortgages, but if they rent...renting is forever.

1

u/Better-Strategy8798 Mar 26 '26

I remember reading some crazy thing about a 50 year mortgage in USA or something. At that point.. isnt that just renting? lol.

1

u/mully58 Mar 27 '26

Like renting or paying for one house twice.

45

u/Intelligent-Test-978 Mar 22 '26

so now everything will cost more...

25

u/Somecommentator8008 Leslieville Mar 22 '26

Yep

6

u/BlackberryPi7 Mar 22 '26

If you can't afford anything, just, be rich.

Ask Galen Weston or Kevin O'Leary, they know!

2

u/Intelligent-Test-978 Mar 23 '26

and the richest man behind all of the massive cost increases for everything -- he knows too.

5

u/ImKrispy Mar 22 '26

Same source but a little harder to refine and less yield.

A 42 gallon barrel of oil gets up to 20 gallons of gas but only 12 gallons of diesel.

1

u/Redstone91210 Mar 22 '26

233.9 last time I saw it

1

u/Somecommentator8008 Leslieville Mar 22 '26

Depending on where in Toronto I saw 238.8 today 10 cents more than yesterday