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WATCH: What the G7 releasing emergency could energy mean for the price at the pumps

| By Dan McTeague

Gas and diesel prices are climbing, and the usual seasonal drop in fuel costs may not happen this year.

CAE President, Dan McTeague appears on CTV News to explain what is driving the volatility at the pump, from disruptions in the Strait of Hormuz and Red Sea to tightening global supplies and rising diesel demand. He warns that gasoline could climb another 10 cents per litre before Thanksgiving, while diesel prices could rise even further as colder weather approaches.

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