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.

Gas Price 馃毃 to see a possible 10 - 11 ct/l HIKE @ the 鉀斤笍 beginning this afternoon and into tomorrow (Tuesday). Look to $1.42 cpl as new price.

B次元官网网址� Dan McTeague (@GasBuddyDan)

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�

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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
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