Gas prices keep rising

Gas prices keep rising

Some outlets selling for as much as $161.9/litre, a new record

Gas prices continued to climb Monday morning, with some Lower Mainland stations charging as much as $1.61.9 a litre, an all-time high.

The highest earliest record price was 1.55 cents a litre, set in June 2014.

Lower Mainland gas prices hit record-breaking 160+ cents a litre

The price was expected to go even higher.

GasBuddy website senior analyst Dan McTeague warned a “perfect storm” of increased demand, a chronic shortage of gasoline – not helped by refineries shutting down for spring maintenance – and a weak Canadian dollar would push prices at the pump to record highs as the weather warmed up.

April 1 had also seen the carbon tax increase and a transition from cheaper winter gasoline to its more expensive summer counterpart.

– with files from Black Press


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