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Metro Vancouver gas prices spike 10 cents to 214.9 cents overnight

Click to play video: 'Metro Vancouver gas prices jump 10 cents overnight'
Metro Vancouver gas prices jump 10 cents overnight
Filling up just got more expensive in Metro Vancouver. The price at the pump jumped by 10-cents a litre at most stations overnight. Erin Ubels has more on what's behind the price hike and how long it could last – Sep 28, 2023

Gas prices have taken a massive leap overnight, hitting Metro Vancouver drivers hard in the wallet Thursday morning.

Drivers woke up to seeing an astounding 10-cent per litre jump overnight, with gas prices now hovering around 214.9 cents per litre at some stations.

Click to play video: 'Metro Vancouver gas prices spike to $214.9 overnight'
Metro Vancouver gas prices spike to $214.9 overnight

Petroleum expert Dan McTeague said it’s the biggest overnight increase since October of last year.

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“The increase we received (Thursday) is directly related to what’s happening across the entire U.S. west coast,” he said.

“It is a bench mark from where we get our prices. Many refineries are going through maintenance and others are having trouble keeping up with demand.”

Click to play video: 'Business news: Canadians paying more for gas and food'
Business news: Canadians paying more for gas and food

Prices were previously hovering around the Toonie mark all month for September, until the recent jump.

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Dan McTeague said he expects these prices to stick around “for quite some time.”

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