Prices at a gas station at the corner of 176 Street and 32 Avenue hit 155.7 cents a litre Wednesday morning. (Katya Slepian/Black Press)

Metro gas prices hit 155.7 cents a litre and higher

Lower Mainland could see 1.60 cents by April

Sooner than expected, prices at Metro Vancouver gas stations hit 155.7 cents a litre and higher on Wednesday.

A Esso station at Pacific Highway and 32 Avenue in Surrey was selling fuel for 155.7 centre a litre as well.

Prices have been steadily climbing since the beginning of the year and shot up to 154.9 cents on Monday.

At the time, Gas Buddy senior analyst Dan McTeague predicted it would rise to 155.7 cents later this week or early next week. The cost hadn’t been that high since June 2014.

McTeague pointed to a weak Canadian dollar, a continued shutdown of the Lower Mainland’s only refinery in Burnaby, and spring maintenance at Washington state refineries.

He added an increased carbon tax going into effect April 1 and the switch to pricier summer gasoline is likely to push the price up to $1.60 a litre.


@katslepian

katya.slepian@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Just Posted

VIDEO: This is what buying legal pot in B.C. looks like

Take a look inside B.C.’s first and only legal pot shop located in Kamloops

VIDEO: Fire crew mopping up workshop fire near Golden Ears Bridge

Structure fire at 208 and 102B sending plumes of black smoke into air above Walnut Grove

Two Giants picked to play against Russia

Two of Langley’s junior hockey players will be part of the six-game Canada Russia Series next month.

VIDEO: Tributes for the man known as the “Mormon Giant”

Langley champion professional wrestler passes away

Two Langley mayoral campaigns endorsed by anti-SOGI groups

Jack Froese unsure why he’s been singled out; SOGI not a municipal issue, says Peter Fassbender

Mellow opening to B.C.’s only legal pot shop

About five people lined up early for the opening of the BC Cannabis Store in Kamloops.

Jagmeet Singh says marijuana pardons are not enough

Trudeau government will streamline pardon process for Canadians convicted of simple possession of marijuana in the past

BC Ferries begins taking debit in two-month pilot project

Company is giving customers option to use Interac on two-month trial on select vessels

Caregivers banned from smoking, growing cannabis around children-in-care: MCFD

Ministry has limited cannabis use for caregivers, stating it may “pose a risk to children and youth.”

Cheaper strains sell out within minutes on online BC Cannabis Store

Province says new strains will become available in the coming months

Only 40% of B.C. car dealerships have electric cars available: report

Researchers found buyers frustrated at the lack of options

VIDEO: Millionaire Lottery returns to give back and win big

Since 1996, Millionaire Lottery has raised $52 million for the VGH+UBC Hospital Foundation

Test case challenges a politician’s right to block people from Twitter account

3 people say Watson infringed their constitutional right to freedom of expression by blocking them

Most Read