Metro Vancouver gas prices continue to soar after multiple stations broke the all-time record high on Sunday, April 14.
Multiple stations were showing prices as high as 170.9 on Sunday, and many of them hovered around 169.9 cents per litre on Monday, April 15.
Now, analysts are predicting that the prices will continue to climb again this week.
Dan McTeague, a Senior Petroleum Analyst with GasBuddy.com, tweeted about the climbing costs, noting that they would rise again on Wednesday.
He noted that stations in Metro Vancouver would see prices go up another cent to 170.9 cents per litre on Wednesday. In addition, he states, “so you will see a couple of gas bars charge 171.9 cpl.”
Going up another cent to 170.9 at all stations in Metro Vancouver on Wednesday, so you will see a couple of gas bars charge 171.9 cpl. These stations just don’t want any business 😉 https://t.co/vV3S7Q1WUc
— Dan McTeague (@GasBuddyDan) April 16, 2019
Currently, Gasbuddy.com is showing that there are a couple of stations where locals can fill up for as little as 159.9 cents per litre. However, there are only a handful of these and the rest are hovering around 169.9 cents per litre.
Vancouver Gas Prices
On Monday, April 1, British Columbia’s long-standing carbon tax increased to $40 a ton, which is double the federal carbon tax introduced in Saskatchewan, Manitoba, Ontario and New Brunswick — provinces that did not previously have any carbon tax in place.
That adds another 1.2 cents per litre at the pump, McTeague said.