[Global News] Canadians living in Alberta and Ontario saw gas prices spike in the New Year due to carbon pricing.But don’t expect the price hikes to stop there.
"I think 2017 is probably going to be more expensive than the past two to three years, and not just for gasoline but also for diesel," gasoline analyst Dan McTeague told Global News Tuesday.
The carbon taxes are intended to reduce greenhouse gas emissions, and slow climate change. Along with the carbon pricing, an OPEC agreement to cut global production of oil will also put pressure on prices at the pump.