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British Columbians are cutting back to pay for gas, poll suggests

WATCH ABOVE: At first British Columbians appeared to be grinning and bearing the rising cost of gas, but now, with high gas prices sticking around, day-to-day behavior appears to be changing. Megan Turcato has more on what that might mean for Okanagan tourism – May 30, 2018

The average price of gas in B.C. has reached a record high of $1.59 per litre.

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A report released by Insights West, a marketing research company, suggests British Columbians are making changes to their budgets and lifestyle to compensate for the price hike.

Results are based on an online study conducted from May 18 to 23, 2018, among a representative sample of 810 BC adults. The data has been statistically weighted according to Canadian census figures for age, gender and region. The margin of error—which measures sample variability—is +/- 3.4 percentage points.

READ MORE: Gas prices are rising, your commute is still the same. Here’s how to save money

A third of those polled say they have shifted their spending from things like food and entertainment to cover the cost of gas.

WATCH: Poll suggests British Columbians cutting back to pay for gas

Other changes people are making include reducing the number of times they use their vehicles, driving shorter distances, changing their summer vacation plans, and taking public transit more often.

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READ MORE:  Okanagan gas prices reach all-time high; more hikes expected

Eighteen per cent say they are considering replacing their vehicles with either electric or hybrid models.

Seventy per cent of British Columbians surveyed believe that prices will be even higher one month from now.

Some experts, though, believe British Columbians will be seeing some relief at the pumps soon.

Dan McTeague with GasBuddy says three refineries in Edmonton that were down due to maintenance issues are either back online or coming back online soon.

That, combined with the price of crude easing, could result in lower gas prices in B.C. in the coming weeks.

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