Gas prices in Langley rose above the $1.50 a litre mark. Dan Ferguson Langley Times

Langley gas prices pass $1.50 mark

Gas stations in Lynden report an increasing number of Canadians are crossing the border in search of cheaper fuel

Gas prices in Langley rose past the $1.50 mark for the first time since 2013 on Wednesday morning, with some stations charging as much as $1.51.9 a litre for regular gasoline.

By mid-morning, according to the gasbuddy.com website, most Langley prices had fallen back below the $1.50 mark, with most running between between $1.35 and $1.45.

As Canadian gas prices have risen, so has the number of Canadians crossing the border in search of lower prices.

On Wednesday, a Langley driver could save as much as 50 cents a litre by taking the Aldergrove border crossing to Lynden, based on a comparison of the most expensive Canadian and least expensive U.S. gas stations.

In Lynden, the ARCO station at 8247 Guide Meridian Road is just a few minutes from the Aldergrove border crossing.

Owner Youn Yang estimated there has been a substantial increase in the number of B.C. licence plates at her pumps in recent weeks.

“About 30 per cent,” she said.

Yang said business dropped when the Canadian dollar lost ground against the U.S. currency, but has been picking up lately, likely because of the gas price disparity.

At Midway Gas and Food in Lynden, staffer Joellene Mayshack said there had been a “noticeable” increase, but couldn’t be more precise.

Dan McTeague, senior analyst with the GasBuddy website, was predicting Lower Mainland gas costs could go as high as $1.54 by Saturday or Sunday.

READ MORE: Metro Vancouver gas prices could hit $1.54 a litre by the weekend: GasBuddy

With demand for oil at an all-time high globally, petroleum analysts say B.C. consumers should expect to see some of the highest prices they’ve ever seen at the pump this year.

In GasBuddy’s 2018 forecast report, it says “circumstances beyond Canada’s control,” such as a surging U.S. dollar versus a weaker loonie and the U.S.’s growing exports, will lead to premium prices across the country.

Other major factors include OPEC’s 2016 decision to cut oil production

READ MORE: Why do gas prices in Langley vary so greatly?



dan.ferguson@langleytimes.com

Like us on Facebook and follow us on Twitter

Just Posted

Fake attempted abduction not funny to residents of Langley neighbourhood

Two teenage boys won’t face criminal charges after scaring girl

Langley’s Georgia Ellenwood named Big Ten Women’s Field Athlete of the Year

Track and field athlete becomes first heptathlon National Champion at University of Wisconsin

Four arrested in police takedown in Langley

Monday night arrests result of firearms investigation by Vancouver Police Department

Cloverdale’s June Market Days to be bigger than ever

More than 90 vendors will line 176 Street for event this Saturday

UPDATE: Female driver airlifted to hospital following crash involving dump truck

Two vehicles involved in collision Tuesday morning in Abbotsford

Homeless people living on ‘Surrey Strip’ move into modular housing

BC Housing says 160 homeless people are being moved into temporary Whalley suites from June 19 to 21

B.C. RCMP looking for $70,000 in stolen collector cash

Money, in Canadian and Chinese denominations, goes missing in Chilliwack

Port of Prince Rupert names Shaun Stevenson as new CEO

Stevenson has worked for the port for 21 years as vice president of trade development

Senate officially passes Canada’s marijuana legalization bill

Bill C-45 now moves to royal assent, which is the final step in the legislative process

Mosquitoes out in full force already? Blame the weather

But a B.C. mosquito expert says the heat wave will help keep the pests at bay

Man pleads not guilty in 1987 slayings of B.C. couple

William Talbott of SeaTac was arraigned Tuesday in Snohomish County Superior Court

New GOP plan: Hold kids longer at border – but with parents

Move would ease rules that limit how much time minors can be held with their parents

Without a big data strategy, Canadians at risk of being ‘data cows’

Presentation said artificial intelligence could give Facebook and Amazon even more power

Five B.C. families stuck in Japan as Canada refuses visas for adopted babies

Lawyer points to change in American policy around adoptions from Japan

Most Read