Gas price spotted in Metro Vancouver on April 12, 2019. (Laura Baziuk/Black Press Media)

Gas prices hit $1.68 a litre as record highs continue in Metro Vancouver

GasBuddy.com analysts expect prices to dip in the next two days as Washington refinery ramps up

Gas prices have reached a new record in Metro Vancouver, marking the third week in a row of high costs at the pump.

On Friday morning, gas stations in and around Vancouver were selling has for 168.9 cents per litre. In Abbotsford, where gas prices don’t include a transit tax, gas was roughly 145.9 cents a litre.

GasBuddy.com petroleum analyst Dan McTeague had said on Twitter Thursday that prices from Prince George to Victoria could rise anywhere from five to 15 cents a litre overnight.

The previous record was last week at 164.5 cents per litre.

McTeague has blamed the hike on the increase to B.C.’s carbon tax that came into effect on April 1, adding about a cent per litre, as well as two major fuel suppliers in Puget Sound undergoing maintenance. One of those refineries is expected to be up and running over the next few days.

That could lead to prices dipping slightly in the next 24-48 hours, but McTeague couldn’t say how long the price jump will last until there are further market indicators.

“After Easter we should start to see prices go back to normal,” he said.

READ MORE: Metro Vancouver gas prices tie all-time record at $1.63 a litre

READ MORE: B.C. carbon tax up April 1, other provinces begin to catch up

– With files from the Victoria News


@ashwadhwani
ashley.wadhwani@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Just Posted

City of Surrey says pension benefits ‘guaranteed’ for police recruits

A National Police Federation representative says it may not be enough incentive

Surrey-area teens will have a ball at Christmas, thanks to collection effort

Realty company’s Bring on the Balls campaign now in its third year

Surrey groups receive funding for training support for people 55-plus

PICS getting $728K to help 120 people over two years

City ready for ride-hailing, says Delta mayor

The city has set up business licence fees for ride-hailing on par with what taxis in Delta pay

White Rock financial plan discussions reveal divide

Mayor Darryl Walker favours tax increase, some councillors don’t

VIDEO: More air-passenger rights go into effect this weekend

The first set of passenger rights arrived in mid-July in Canada

Swoop airlines adds three destinations in 2020 – Victoria, Kamloops, San Diego

Low-fair subsidiary of WestJet Airlines brings new destinations in April 2020

Aid a priority for idled Vancouver Island loggers, John Horgan says

Steelworkers, Western Forest Products returning to mediation

Navigating ‘fever phobia’: B.C. doctor gives tips on when a sick kid should get to the ER

Any temperature above 38 C is considered a fever, but not all cases warrant a trip to the hospital

Transportation Safety Board finishes work at B.C. plane crash site, investigation continues

Transport Canada provides information bulletin, family of victim releases statement

Trudeau sets 2025 deadline to remove B.C. fish farms

Foes heartened by plan to transition aquaculture found in Fisheries minister mandate letter

Planning price tag for futuristic ‘We Town’ concept in Abbotsford revealed

Developer says highrises would house 30,000, but Abbotsford mayor says project is in wrong place

1,300-signature petition for free menstrual products turned over to UFV president

‘Go with the flow’ campaign calls for all University of the Fraser Valley bathrooms to be stocked

Wagon wheels can now be any size! B.C. community scraps 52 obsolete bylaws

They include an old bylaw regulating public morals

Most Read

l -->