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

Mamma Mia! Here we go Ladysmith

Ladysmith secondary’s drama program staging light-hearted romp featuring the music of Abba

Ladysmith offers absolutely the best running High (Street) available

Annual Ladysmith Hill Dash is open to runners who enjoy going uphill fast

It’s here: tackling opioid addiction in Ladysmith

Nine overdose deaths in two years “pretty alarming considering this is a small town”

Howe Sound Queen sailing toward retirement

Vessel now up for auction ends regular runs between Crofton and Vesuvius at the beginning of June

Spending support helps keep Chemainus Rotary auction going strong

Event a labour of love for club members to generate funds for the community

Parliament Hill 4-20 organizers predict record crowd after legalization

A celebration? Yes, but organizers say concerns remain about the government’s decisions on legalization rollout

$6K raised in one day’s time for family of woman gunned down in Penticton

GoFundMe launched for family of Darlene Knippelberg, to pay for funeral costs and other expenses

Seven tips to travel safely this Easter long weekend

An average of three people are killed, and hundreds more injured, each Easter long weekend in B.C.

Parents say Austrian climber missing in Banff National Park ‘lived his dream’

David Lama, Hansjorg Auer and American climber Jess Roskelley have been missing since Wednesday

Six months after legalization, high prices and supply issues boost illicit pot market

It has been six months since Canada became the first industrialized country to legalize recreational cannabis

Seattle’s 4-20 ‘protestival’ enjoys tolerance, some support – and B.C. could do the same

Seattle’s Hempfest a large-scale occasions with vendors, prominent musical acts and thousands of attendees

B.C. mountain biker sent home from hospital twice, despite broken vertebrae

Released in Maple Ridge to go home with three fractured vertebrae

Deck collapses in Langley during celebration, multiple people injured

Emergency responders rushed to the Langley home

Chaos at the ferry terminal for people heading from Vancouver to the Island

Easter crowds create backlog at Tsawwassen ferry terminal

Most Read