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

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Abbotsford’s most unique items on eBay

Several unusual products available for consumers passionate about Abbotsford

The word landlord needs an eviction notice, one Abbotsford councillor says

Coun. Dave Loewen says term should be replaced by ‘rental housing provider’ in new housing strategy

COLUMN: Cities should enlist teenagers to clear sidewalks for absentee owners

Connecting shovelers with property owners could make cities more walkable after a snow storm

VIDEO: Construction worker injured after boom lift falls over at new Abbotsford courthouse

Emergency crews rescue worker, rushed to hospital with significant but non-life threatening injuries

Borrow $8 billion for Fraser Valley rail link, Abbotsford mayor urges province

Henry Braun urges province to borrow billions to connect Abbotsford & Chilliwack to Metro Vancouver

B.C.-based firefighting plane crashes in Australia, killing three

Three people are confirmed dead in the crash in New South Wales

Gap between cost of legal and illegal cannabis keeps growing: Stats Canada

In B.C., legal pot cost $9.32 per gram when bought legally

Canada prepares as WHO decides whether to declare global coronavirus emergency

The city of Wuhan, China, has shut down outbound flights and trains

Survey finds support among Canadians for broader assisted-dying law

The survey was conducted Jan. 17 to 21 among 1,552 Canadians eligible to vote

Veteran B.C. journalist battles cancer through pioneering immunotherapy treatment

Vancouver Island rallies around JR Rardon and family during stay in Seattle

New nasal spray launched in Canada to combat hypoglycemic shock in diabetics

Baqsimi is a nasal spray contains three milligrams of glucagon

Prices for recreational marijuana in B.C. down from a year ago

New inflation figures show gasoline, housing and certain kinds of food cost more

B.C. RCMP spent roughly $750K on massive manhunt for Port Alberni men

Manitoba RCMP helped with 17-day search through the province’s northern terrain

Most Read