Gas prices jumped by 10 cents in Victoria on Dec. 18. (Black Press file photo)

Gas prices jumped by 10 cents in Victoria on Dec. 18. (Black Press file photo)

Price at Vancouver Island pumps not expected to decrease until after Boxing Day

Closure of US pipeline, weather affected barges are factors in the fluctuating price

Victoria gas stations saw prices jump 10 cents per litre on Dec. 18, and analysts don’t expect that cost to go down on Vancouver Island before Christmas.

“Best case scenario, we might see a drop on Monday, but I’m not holding my breath,” Dan McTeague, a senior petroleum analyst for GasBuddy, said. “It’ll be more likely after Christmas and after Boxing Day.”

GasBuddy.com shows prices in the Capital Regional District range from 126.9 — at Costco in Langford — to 139.9 across downtown Victoria. The week before, the gas average rang in at 128.7. Prices have risen since the average of 135.2 in November.

READ MORE: Natural gas rates will go up in B.C. on Jan. 1

The jump was originally predicted to hit the pumps the week before. In Vancouver, prices rose six cents a litre on Dec. 14 and another 11 cents on Dec. 15 — resulting in an average of 148.9.

“Victoria was a bit of a holdout,” McTeague said. “Gas stations had the same notices but decided to wait another four or five days, really have no inventory before they had no choice and began to put up those prices to reflect the increases to them.”

The wholesale prices increased for Vancouver Island and the Lower Mainland because the area’s supply comes mostly from south of the border. The closure of the pipeline in Washington state and the ability for barges to operate in the unruly weather are both factors in the fluctuating price.

“You don’t have enough production in your own backyard to meet demands, so you have to bring it either via the TransMountain Pipeline — which as we know is oversubscribed — or pull from the United States. A problem down there is an even bigger problem for us up here, made no easier by higher taxes on gasoline,” he said.

Typical gas prices around the Island as of Wednesday morning include: 133.9 in Nanaimo, 132.9 in Duncan and Courtenay, and 134.9 in Port Alberni, although scattered stations still had gas available for less.

Gas prices in B.C. currently rank the highest in the country, with an average price of 124.8. The lowest can be found for 99.9 in Manitoba.

READ MORE: FortisBC says you can return to normal gas use following pipeline fire


@KeiliBartlett
keili.bartlett@blackpress.ca

Like us on Facebook and follow us on Twitter

Just Posted

A conceptual rendering of the commercial plaza at 1130 Rocky Creek Road. (Town of Ladysmith/June 15 Council Agenda)
Rocky Creek commercial plaza passes public hearing

The proposed plaza at 1130 Rocky Creek Road would bring commercial activity to Ladysmith’s north end

Kate Cram and her team at Old Town Ice Cream are thrilled to be open for business. (Cole Schisler photo)
Old Town Ice Cream opens up right on time for summer

Located at 539 1st Avenue, Old Time Ice Cream is open from 10 a.m. to 7 p.m. daily

Things are looking up for Vancouver Island as zero COVID-19 cases have been reported for the first time since October. THE CANADIAN PRESS/Darryl Dyck
Island records zero new COVID-19 cases for the first time since October

For the first time since October, the province is reporting zero new… Continue reading

Black Press file photo
RCMP seek suspect in Vancouver Island-wide crime spree

Crimes stretched from Deep Bay to Qualicum, Ladysmith, Chemainus and Youbou

Volunteers Alex Cook, Ron Dashwood, and Bill Drysdale have been hard at work restoring the old Ladysmith train station. (Cole Schisler photo)
Train station restoration on track for future community open house

Community is asked to give feedback on what they think the best use is for the station

Marco Mendicino, Minister of Immigration, Refugees and Citizenship during a press conference in Ottawa on Thursday, May 13, 2021. THE CANADIAN PRESS/Sean Kilpatrick
Canada to welcome 45,000 refugees this year, says immigration minister

Canada plans to increase persons admitted from 23,500 to 45,000 and expedite permanent residency applications

Emily Steele holds up a collage of her son, 16-year-old Elijah-Iain Beauregard who was stabbed and killed in June 2019, outside of Kelowna Law Courts on June 18. (Aaron Hemens/Capital News)
Kelowna woman who fatally stabbed teen facing up to 1.5 years of jail time

Her jail sentence would be followed by an additional one to 1.5 years of supervision

Cpl. Scott MacLeod and Police Service Dog Jago. Jago was killed in the line of duty on Thursday, June 17. (RCMP)
Abbotsford police, RCMP grieve 4-year-old service dog killed in line of duty

Jago killed by armed suspect during ‘high-risk’ incident in Alberta

The George Road wildfire near Lytton, B.C., has grown to 250 hectares. (BC Wildfire Service)
B.C. drone sighting halts helicopters fighting 250 hectares of wildfire

‘If a drone collides with firefighting aircraft the consequences could be deadly,’ says BC Wildfire Service

A dose of the Pfizer-BioNTech COVID-19 vaccine is pictured at a vaccination site in Vancouver Thursday, March 11, 2021. THE CANADIAN PRESS/Jonathan Hayward
NACI advice to mix vaccines gets varied reaction from AstraZeneca double-dosers

NACI recommends an mRNA vaccine for all Canadians receiving a second dose of a COVID-19 vaccine

A aerial view shows the debris going into Quesnel Lake caused by a tailings pond breach near the town of Likely, B.C., Tuesday, Aug. 5, 2014. THE CANADIAN PRESS/Jonathan Hayward
Updated tailings code after Mount Polley an improvement: B.C. mines auditor

British Columbia’s chief auditor of mines has found changes to the province’s requirements for tailings storage facilities

A North Vancouver man was arrested Friday and three police officers were injured after a 10-person broke out at English Bay on June 19, 2021. (Youtube/Screen grab)
Man arrested, 3 police injured during 10-person brawl at Vancouver beach

The arrest was captured on video by bystanders, many of whom heckled the officers as they struggled with the handcuffed man

A 58-year-old B.C. woman says she was attacked by a deer while out walking her dog last week. (Paul Chiasson/THE CANADIAN PRESS)
Deer attack in southeastern B.C. leaves woman cut, battered and bruised

Liz Royer says she was out for a run last week when the deer appeared out of a bush and charged

Most Read