“I wouldn’t be surprised to see $1.65 (a litre) between now and the May long weekend (Victoria Day 18-20),” said gas analyst Dan McTeague.
The highest price ever paid by Metro Vancouver drivers was 163.9 cents a litre on Oct. 13, 2018, that was also a record for any major North American city.
“That caused problems not only for the small Parkland refinery in Burnaby, but directly impacted the fuel supply to the four refineries south of the border in Washington state who supply us 30 to 40 per cent of our gas needs,” he said. “They use natural gas to generate electricity to turn crude into gasoline.”
For starters, on Monday the B.C. government’s promised carbon tax increase would kick in. This carbon tax was introduced in 2008 and on April 1 will go from $35 to $40 per tonne, which equates to an extra 1.16 cents per litre.Then, on July 1, TransLink’s regional motor fuel tax on gas and diesel will increase from 17 cents a litre to 18.5 cents a litre — a one and half cent per litre increase.
The Trans Mountain pipeline provides about one third of the province’s gas, with another third supplied by the Parkland refinery and the rest from the U.S. and Asia.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How to get rid of ants from your Metro Vancouver houseEvery spring in Metro Vancouver, around this time of year, the six-legged scavengers invade our homes.
Read more »
Metro Vancouver's best sandwich: And the winner is…Metro Vancouver's best sandwich: Commercial Drive eatery takes top honours
Read more »
Douglas Todd: Valiant Metro churches try to plug housing gapHow big a dent will re-developing scores of places of worship into housing make in a metropolis that ranks as one of the most unaffordable in the world?
Read more »
Justin Trudeau sells housing plan in visit to Metro Vancouver's hot real estate marketHousing a major issue for many, particularly young people trying to get into the real-estate market at a time when prices are soaring in some major cities
Read more »
Vancouver Weather: Sunny and warm WednesdayKeep the rain jacket in the closet, Environment Canada says Metro Vancouver can expect mostly sunshine for the remainder of the week.
Read more »
Man and woman dead after hostage situation and police-involved shooting in B.C.British Columbia's police watchdog is investigating the deaths of a man and a woman following an overnight hostage situation and a police-involved shooting in Metro Vancouver.
Read more »
Vancouver Weather: Weekend sun aheadVANCOUVER, B.C.: Friday, March 29 — There is a lot of sun in the Metro Vancouver weekend weather forecast.Environment Canada says we can expect mainly cleark skies Friday with a high of 14 de…
Read more »
Vancouver Weather: Sunshine for the weekendSoak up the sunshine, Metro Vancouver. Environment Canada is predicting clear weather on Saturday and Sunday, with highs of 19 C inland and 14 C near the coast.
Read more »
Eberle, Nelson back Lehner as Islanders beat Coyotes - TSN.caJordan Eberle and Brock Nelson scored to back Robin Lehner's fifth shutout of the season as the New York Islanders beat the Arizona Coyotes 2-0 Sunday. The Coyotes have dropped to one point of the final wild spot in the Western Conference, while the Islanders are one point behind Washington for the Metro division lead.
Read more »