Gas analysts are warning not only will the coronavirus impact gas prices in the short-term, but it's unclear when those effects could subside.
Experts such as Roger McKnight of En Pro International and Dan McTeague of Canadians for Affordable Energy are both predicting prices to decline this weekend, with McTeague projecting consecutive three-cent drops the next two days.
"Sunday is still to early to tell," he said. "Expect that gas prices will trend towards the mid-90 cent range at some stations in the GTA as early as Friday night and well into Saturday, with the highest prices being no more than 104.9 by Saturday morning."
A barrel of oil has also dropped roughly $11 a barrel in the past week and with China's drastic measures to contain the virus, as the world's second-largest oil consuming country, the gas price drops are the result.
"With demand being as low as it is and likely to decrease even further, there's just no support for the supply of gasoline that's out there," he said.
While consumers will get a break at the pump, McTeague says the big question is just how long the impact from the virus will be, as oil prices will likely continue to fall.
"We're entering a very, very serious phase," he said. "We all have to look at this not from the perspective of how much we're going to save, but what does it mean for the long-term health of the economy and our future outlook, which I think looks somewhat clouded."