B次元官网网址

Skip to content

Gas prices spike in Greater Victoria

YouB次元官网网址檒l soon be paying more at the pumps as gas prices rose on Monday
10784333_web1_IMG_4124
Prices in Greater Victoria were up 10 cents on Monday, to 142.9 at some stations (Ragnar Haagen/Black Press Media)

Prepare to pay more at the pump this week as gas prices around Greater Victoria are forecast to rise due to complications at local refineries.

Some gas stations have already raised their prices to 142.9, more than 10 cents higher than how much it cost per litre to fill your vehicle on Monday morning and more than 20 cents higher than the average price at this time last year.

Dan McTeague, a senior petroleum analyst at , says by tomorrow morning most, if not all, gas stations will have raised their prices to that level.

B次元官网网址淚tB次元官网网址檚 not a pretty picture,B次元官网网址 McTeague said. B次元官网网址淚 can say the new normal average should be around 142.0.B次元官网网址

This is due in part to spring time maintenance at local refineries, and a planned shutdown at the Parkland refinery in Burnaby that has been offline for more than a month already.

B次元官网网址淭hereB次元官网网址檚 a shortage in the system and thereB次元官网网址檚 a premium for gasoline,B次元官网网址 McTeague explained. B次元官网网址淚t doesnB次元官网网址檛 mean [the price] is going to stay there, it could drop three to four cents per litre by Friday.B次元官网网址

READ MORE:

But, these prices could also last for a few more weeks due to spikes in demand and limited supply adding to the pressure.

With news last week that Greater Victoria residents will pay an increased gas tax to help fund transit initiatives, retailers will continue to pay more at the pump. And beginning April 1, retailers will switch over to a more expensive summertime blend of gasoline in order to comply with a federal mandate.

Those motorists that choose to fill up outside the region could find a small reprieve, as McTeague said the rest of Vancouver Island should see prices roughly six cents cheaper.



ragnar.haagen@bpdigital.ca

Like us on and follow us on





(or

B次元官网网址

) document.head.appendChild(flippScript); window.flippxp = window.flippxp || {run: []}; window.flippxp.run.push(function() { window.flippxp.registerSlot("#flipp-ux-slot-ssdaw212", "Black Press Media Standard", 1281409, [312035]); }); }