"I have not seen this before": gas prices in the Vancouver metropolitan area are expected to increase this weekend – BC


It was fun while it lasted, but an oil analyst says drivers in the Vancouver metropolitan area will have only a few hours on Friday to take advantage of lower prices for the pumps before they rise again.

According to Dan McTeague of GasBuddy.com, gas prices are expected to rise six cents per liter by Saturday morning, followed by a rise of up to 12 cents on Sunday, to a total of 17 cents a liter in the next 30 hours .

"If you're seeing $ 1,319 in Metro Vancouver and you do not want to pay $ 1.46 or $ 1.47, you're going to want to get to the gas station now," McTeague warned.

"Such a big price jump so fast is really unprecedented."

The price is linked to a problem with the Olympic Pipeline in Washington state, which also delivers some product to Vancouver, according to McTeague.

He said the problem was encountered during scheduled maintenance work, which led the pipeline to be temporarily shut down.

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McTeague said he expects the increase to be temporary, and prices may fall again on Wednesday when the service is restored to the pipeline.

The price jump is affecting the entire Pacific Northwest, he added, and will also be felt in Victoria, though not as high as in other parts of the Lower Interior.

– With files by Janet Brown

© 2018 Global News, a division of Corus Entertainment Inc.


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