The price at the pump passed the symbolic threshold of $1.50 per litre overnight Tuesday in Montreal.
Some gas stations around the city posted prices for regular unleaded gasoline as $1.514/L, a jump of about 14 cents from earlier in the week.
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This is the highest price reported in Montreal since it spiked in June 2014. While the price sits above the national average, parts of B.C. have been reporting prices over $1.60/L in recent weeks.
If the current spike-and-dip trend continues, drivers should wait until later in the week to fill up their cars before the next price hike.