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David Detomasi, Associate Professor, Distinguished Faculty Fellow In International Business, Queen's University, Ontario

REVEALED: Why gasoline prices have soared to record highs | Rare Historical Photos

Ont Russia
Some motorists are willing to pay more for the price of gas. Others are considering trading in gas-guzzling cars for more efficient vehicles. The price of gas at a Petro Canada gasoline station in Ajax, Ont., on March 7, 2022. THE CANADIAN PRESS/Doug Ives

Canadians are finally returning to the office after two years of pandemic restrictions, and they’re are making March Break and summer travel plans. They are also being confronted by record-high gasoline prices at the pumps, leaving them wondering: Why is gasoline so expensive? How long will they stay this way? What can be done?

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