Advertisement

Metro Vancouver has the highest gas prices in North America with more increases expected

Click to play video: 'Gas prices climb to record highs, and expected to keep climbing'
Gas prices climb to record highs, and expected to keep climbing
British Columbians being warned to brace for more pain at the pumps as gas prices are expected to hit $2.00 per litre by the weekend. Catherine Urquhart reports – Mar 2, 2022

Metro Vancouver currently has the highest gas prices in North America and they’re still expected to rise higher.

Gas prices in the region rose five cents a litre overnight to $1.86.9 in Metro Vancouver and Dan McTeague with Canadians for Affordable Energy predicts they will continue to rise Thursday.

Story continues below advertisement

He told Global News the main reason is the war in Ukraine, which caused oil prices to rise seven to eight dollars a barrel Tuesday, and another six dollars a barrel Wednesday.

“You can see why you’ve gone from 1.81.9 yesterday, 1.86.9, which you reported last night, today, and again another seven cents a litre increase to 1.93.9 tomorrow,” McTeague said.

“And it’s not over. I’m looking another three, possibly four cents a litre, bringing it awfully close to $2 a litre before the weekend.”

Click to play video: 'Gas prices on the rise again'
Gas prices on the rise again

Read more: Price of gas increases again in Okanagan

But it’s not just Metro Vancouver seeing soaring gas prices.

Last Friday, the prices in Kelowna leaped from $1.529 a litre to $1.699.

Story continues below advertisement

Some stations dropped their prices during the weekend, to between $1.639 and $1.679, but Tuesday some stations have posted prices of $1.769 a litre.

Read more: Some Okanagan gas stations hike price 17 cents a litre; experts predict fluctuating costs

In the South Okanagan, prices ranged between $1.589 and $1.699, with most at $1.669 a litre.

Prices in the North Okanagan were mainly pegged at $1.509, though GasBuddy did show two stations at $1.789.

And in the Shuswap, prices ranged from $1.529 to $1.699.

Lastly, in Kamloops, prices there were in line with Kelowna, with most stations selling gas between $1.639 and $1.759 a litre.

—with files from Doyle Potenteau

Story continues below advertisement
Click to play video: 'Price at the pump expected to shatter records in Lower Mainland'
Price at the pump expected to shatter records in Lower Mainland

Sponsored content