Gas prices have quickly increased in Metro Vancouver over the past 48 hours.
Prices have been seen as high as $1.88 a l in some parts of Vancouver and North Vancouver.
Some areas, like Surrey, are still seeing prices hover around $1.75.
Gas expert Dan McTeague credits the quick increase to supply shortages and the shutdown of Parkland Refinery in Burnaby.
“It is a bit of a delayed reaction. Markets are not necessarily responding like they have in the past … but the Parkland Refinery is still down and has been for quite some time and there is a shortage,” he told Global News.
“This is the hard-hitting reality, which we should have seen a few weeks ago.”
Get breaking National news
McTeague said the price increase may stay elevated for some time and might increase by another 2 cents overnight Friday.
He also said prices in Washington have increased in a similar fashion.
- Recipe: Smoked salmon-wrapped asparagus tips with horseradish crème and caper flowers
- Drug superlabs leave a toxic mess. Some say B.C.’s cleanup rules are a mess, too
- Search crews recover body of second missing person from Lions Bay landslide
- B.C coast residents again bracing for high winds amid warning
Comments