If you're thinking about filling up on gas this week in Vancouver then you may want to think again. As of Saturday, October 13th, the Metro Vancouver area broke records and now has the most expensive gas price across the country.
While the previous record for BC was set at 161.9 cents per litre back in April of this year, it was matched once again on Friday, October 12th before soaring on Saturday.
A record Metro Vancouver drivers didn’t want. 163.9 a litre for gas at many stations. We now have the highest prices ever seen in a major Canadian city according to one analyst and currently the highest in North America. @CTVVancouver pic.twitter.com/4XhWErJP60— Michele Brunoro (@ctv_michele) October 13, 2018
Prices hit a whopping $163.9 cents per litre on Saturday morning, breaking the previous record. The reason behind the rising price of gas is due to the recent pipeline explosion near Prince George according to Global News.
Dan McTeague, a GasBuddy.com analyst, told Global that the explosion delayed gasoline production which ultimately causes higher prices when you go to fill your vehicle. He also stated that " it speaks to the volatile nature of production and supply and demand in the Pacific Northwest market."
While Narcity previously wrote about rising gas prices in BC back in March of this year, no one predicted such a dramatic spike in cost.
There is no doubt that filling up is already annoying enough without forking over a ton of money, but those living in Vancouver do have some lower gas prices on the horizon.
According to Global News, gas analysts believe that next week should bring prices back to normal (but still expensive) levels. If you're looking to save a few bucks, this week would be the perfect time to start taking public transit to work instead of driving.