Gas prices in Metro Vancouver are going up again after a jump in prices over the weekend.
According to gas analyst Dan McTeague with Canadians for Affordable Energy, by Wednesday, prices across the region will be pushing $1.65.9 a litre.
That would be a jump in about two cents a litre in most cities, McTeague said.
He added that demand for oil and the lack of supply are driving up the cost of gas at the pumps.
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“Oil prices are on the move and it’s a lot to do with the fact there isn’t a lot of oil to go around,” McTeague told Global News. “Demand is high and supply is low. It’s a product that’s likely to become more expensive in the days to come.”
McTeague is predicting that the price at the pump could top $1.75 a litre by Friday.
Earlier this month, gas prices in Central Okanagan were in lockstep at $1.459 per litre.
One day earlier, gas in Kelowna could be had for $1.369 a litre.
—With files from Doyle Potenteau
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