Victoria gas stations saw prices jump 10 cents per litre on Dec. 18, and analysts donB次元官网网址檛 expect that cost to go down before Christmas.
B次元官网网址淏est case scenario, we might see a drop on Monday, but IB次元官网网址檓 not holding my breath,B次元官网网址� Dan McTeague, a senior petroleum analyst for GasBuddy, said. B次元官网网址淚tB次元官网网址檒l be more likely after Christmas and after Boxing Day.B次元官网网址�
GasBuddy.com shows prices in the Captial Regional District range from 126.9 B次元官网网址� at Costco in Langford B次元官网网址� 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.
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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 B次元官网网址� resulting in an average of 148.9.
B次元官网网址淰icotria was a bit of a holdout,B次元官网网址� McTeague said. B次元官网网址淕as 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.B次元官网网址�
The wholesale prices increased for Vancouver Island and the Lower Mainland because the areaB次元官网网址檚 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.
B次元官网网址淵ou donB次元官网网址檛 have enough production in your own backyard to meet demands, so you have to bring it either via the TransMountain Pipeline B次元官网网址� which as we know is oversubscribed B次元官网网址� 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,B次元官网网址� he said.
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.
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@KeiliBartlett
keili.bartlett@blackpress.ca
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