The sudden spike in prices is still mainly attributed to two of B.C.’s major suppliers in the Puget Sound undergoing maintenance and not producing as much fuel. (THE CANADIAN PRESS/Graham Hughes)

Gas prices hit $1.61 a litre in Vancouver

Two of B.C.’s major suppliers still under scheduled maintenance

Gas prices in Vancouver have spiked and analysts predict they’ll be going up again.

Prices were as high as 161.9 cents a litre at some stations on Wednesday.

The sudden increase is still mainly attributed to two of B.C.’s major suppliers in Puget Sound undergoing maintenance and not producing as much fuel, according to Dan McTeague, senior petroleum analyst at GasBuddy.com, which monitors fuel pricing information and data.

The Shell Anacortes and BP Cherry Point refineries were further strained when other suppliers in California had troubles at their plants, McTeague said, including maintenance and an explosion.

READ MORE: Gas prices spike in Lower Mainland

“There is a crunch in terms of supply and demand along much of the U.S. Pacific coast,” he said. “There is only a finite amount of fuel.”

McTeague said it’s difficult to predict whether prices will be coming down soon, but there could be some relief when the refineries are back up and running.

“I think all of B.C. has been hit pretty hard – Vancouver, Victoria, I would even say the Interior because we have gasoline coming down the Trans Mountain pipeline, but it’s oversubscribed,” meaning it’s at capacity.



joti.grewal@bpdigital.ca

Like us on Facebook and follow us on Twitter

Just Posted

Explicit Safer Sex Guide given to Creston elementary students as resource

The booklet clearly states online and inside that the guide contains sexually explicit information and is meant for mature audiences.

Governments announce $53M to buy Grand Forks properties, fix river banks destroyed in flooding

The Boundary Flood Recovery team applied for the grant last January

Electric-bike project for seniors, disabled coming to Rossland

“Cycling Without Age” gets the immobile moving on special electric bikes

Council awards contract to upgrade Trail jail cells

The city received notification from the RCMP detailing modifications in 2009

Rossland’s Seven Summits Centre for Learning celebrates class of 2019

Small class packs big punch in skills and ability

VIDEO: Driver doing laps in busy Vancouver intersections nets charges

Toyota Camry spotted doing laps in intersection, driving towards pedestrians

Every situation is different, jurors hear at coroners inquest into Oak Bay teen’s overdose death

Pediatrician says involuntary treatment necessary following overdose, opioid use

RCMP across Canada to soon unionize, according to B.C. mayor

A spokeswoman for RCMP headquarters in Ottawa says it’s not yet a done deal

Explicit sex-ed guide for adults mistakenly given to Creston elementary students

The booklet clearly states online and inside that the guide contains sexually explicit information

Driver has $240K McLaren impounded minutes after buying it in West Vancouver

Officers clocked the car travelling at 160 km/h along Highway 1 in a 90 km/h zone

Fundraiser for Sparwood cancer patient raises over $80k

“Friday was something I won’t ever forget,” said Sparwood’s Barry Marchi.

Former Vernon Judo coach pleads guilty to child pornography charges

Bryan Jeffrey McLachlan is set to return to court Sept. 4 for sentencing

B.C. Olympic skier sues Alpine Canada after coach’s sex offences

Bertrand Charest was convicted in 2017 on 37 charges

Most Read