Skip to content
Join our Newsletter

Soaring Metro Vancouver gas prices expected to drop this week

Metro Vancouver gas prices saw a record price hike over the weekend, with prices climbing 11 cents per litre by Sunday after an increase on Saturday.

 Photo: woman fuel / ShutterstockPhoto: woman fuel / Shutterstock

Metro Vancouver gas prices saw a record price hike over the weekend, with prices climbing 11 cents per litre by Sunday.

Dan McTeague, a Senior Petroleum Analyst with GasBuddy.com, tweeted about the rising prices, and noted that they would stay high for a number of days.

On Friday, December 14, McTeague tweeted that prices "will rise from 131.9 cts/l to 137.9 at their highest in MetroVan," on Saturday. As such, he advised that residents heed the warning and fill up their tanks before Saturday. Further, he added that the prices would climb even higher on Sunday.

Hey #Vancouver, Lower Mainland and now #Victoria - heed the warning and FILL UP TODAY. Tomorrow it’s UP 6 cts/l and more on Sunday https://t.co/fsDevHxsYl

— Dan McTeague (@GasBuddyDan) December 14, 2018

What's more, the analyst noted that the six cent per litre increase would increase overnight on Saturday. He stated that the Lower Mainland would see, "a record ⛽️ price HIKE overnight of 11 CENTS/LITRE for Sunday. Average will climb from 137.9 to 148.9 cts/l and builds on today’s 6 cent a litre increase we predicted Thursday."

While the prices are still high, McTeague predicts that the prices will drop after Wednesday. As a result, he advises that drivers wait until Thursday to fill up their tanks.