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Vancouver gas prices to top $1.61/ litre this weekend in new record high

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DH Vancouver Staff Apr 27, 2018 3:11 pm 3,176

After already reaching record-highs this week, Vancouver gas prices are set to climb even further this weekend, to above the $1.60/lite mark – and then some.

In a tweet, GasBuddy.com’s Dan McTeague said drivers in the city should be prepared for a one-cent-a-lite jump on Saturday, followed by a two-cent-a-lite jump on Sunday.

This would bring gas prices in Vancouver to a record-breaking $1.619 / litre.

Earlier this week, McTeague told Daily Hive the high prices could be contributed to a number of factors, but that the price increases this past week largely come from  a “supply limitation in Washington State, as two refineries are currently in runaround.”

McTeague also explained that the price spike is a combination of the cost of oil rising while the Canadian dollar has dropped three cents in value during the same period. The current cost of a barrel of oil is just below $67, according to Market Insider.

Happy weekend.

– With files from Vincent Plana

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DH Vancouver Staff
Daily Hive is the evolution of Vancity Buzz, established in Vancouver in 2008. In 2016, the publication rebranded and opened newsrooms in Calgary, Toronto, and Montreal. Send story tips to [email protected]

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