Gas Prices
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What happens if oil breaches US$150 a barrel? BMO report lays out warningA recent BMO report has warned that oil prices going past US$150 per barrel as a result of the Iran war would ripple out throughout the broader economy.EconomyApr 6
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Fuel costs impacting more B.C. services, including food banks, local grocersThat same pressure is showing up at the Union Gospel Mission, with staff saying they are seeing more people who need emergency support.EconomyApr 3
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Long weekend gas prices likely to climb as Iran war fuels energy crunchDiesel prices could potentially set a new record in Canada this weekend, with prices expected to surpass $2.25 within the next 48 hours.ConsumerApr 2
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Conservatives call for federal tax cut on gas and diesel fuelThe Tories say their plan eliminates the Fuel Excise Tax at 10 cents per litre, the Clean Fuel Standard at seven cents per litre, and the GST at eight cents per litre.PoliticsApr 2
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High gas prices from Iran war oil shock could be driving Canadians to EVsAs Canadians pay more at the pumps following the Iran war oil shock, data suggests the high fuel costs may be driving them to look at electric vehicles as an alternative.ConsumerApr 1
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Soaring U.S. gas prices amid Iran war ups pressure on drivers and TrumpU.S. gas prices jumped past an average of US$4 a gallon for the first time since 2022 on Tuesday, as the Iran war continues to push fuel prices higher worldwide.U.S. NewsMar 31
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Here is what could tip Iran war oil shock into an ‘economic catastrophe’The risk of an expanded Iran war grew on Saturday as Yemen's Iran-aligned Houthis launched their first attacks on Israel since the start of the conflict.ConsumerMar 31
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If Iran war were to end, how soon would you feel relief at the gas pumps?Consumers struggling with higher gas prices as a result of the Iran war may be feeling optimistic after U.S. President Donald Trump said that a ceasefire in the works,ConsumerMar 25
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Iran war could increase grocery costs in B.C.; fuel prices remain highAs the U.S.-Israel war on Iran continues, consumers should brace higher grocery costs. One expert says the hardest hit items are expected to include meat, dairy and seafood.EconomyMar 23
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Gas prices in Canada keep going up. How high are they near you?Gas prices in Canada have been climbing sharply since the Iran war began, but how much higher they could go is unclear as consumers struggle with the higher cost of living.ConsumerMar 19
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