Vancouver Gas Prices Just Hit A Record-Breaking High & It's Going To Hurt Your Wallet

Prepare yourself before filling up! ⛽

Editor

The average gas price in Metro Vancouver just set a new record, and it's not a good time to fill up your tank.

If you pull up to the pump today, you might be pretty shocked by the amount you have to pay.

The average price of gas climbed to a high of 176.9 cents per litre on Friday, according to the Gas Wizard website. The previously held record for the area was 173.9 cents in July 2021.

Dan McTeague, the president of Canadians for Affordable Energy and the Gaz Wizard himself, told CTV that the cold weather in B.C. is to blame. The weather is challenging for refineries that aren't used to the below-zero temperatures lasting this long, he explained.

Between the hazardous road conditions, buses having to shut down their routes, and now this, it's clear that Vancouver wasn't made for this kind of snowy weather.

Luckily though, McTeague said the price of gas is expected to decrease in the upcoming days.

“On Sunday, I’m expecting at least a four-cent decrease, and that price will stay in place until I think about Wednesday when well see further decline, barring any unforeseen circumstance," he said.

The Gas Wizard website is predicting that the average gas price for Vancouver is going to drop to 175.9 cents per litre by Saturday.

Hopefully, the predictions are correct, and everyone in Metro Vancouver can breathe a big sigh of relief when they pull up to the gas station this weekend.

  • Editor

    Morgan Leet (she/her) is an Editor for Narcity Media Group. After graduating from Carleton University’s School of Journalism and Communication, she jumped into fulfilling her dream as a journalist, merging her passion for travelling with writing. She got her start working in the print media world on Canada’s East Coast, then joined Narcity with a move to B.C., leading the launch of West Coast coverage. Her focus now is managing a large group of freelance writers, bringing human-forward and opinion content to the site.

Gas prices in Canada are dropping in a bunch of cities tomorrow — but rising in a few others

Here's where to fill up today vs. wait for a better deal tomorrow. 👇

CRA offers automatic tax filing and it could help 'put more money in your pocket'

You could be eligible for the service without even knowing it.

Canadian passport fees are going up this month and you'll pay more to get the travel document

"Fees for travel documents will be adjusted each year to align with inflation."

BC is getting rid of time changes and the last spring forward is this weekend

The province will soon be on daylight saving time permanently.

Mark Carney got publicly called out by a Liberal MP for his support of Iran strikes (VIDEO)

Liberal MP Will Greaves released a video openly criticizing Carney's stance.

Gene-edited pork has been approved in Canada but labels aren't mandatory

It's the only genetically modified meat approved for sale in Canada.

Ontario's safest cities for driving were revealed and you might not expect the top locations

It's based on accidents and infractions like distracted driving and speeding. 🚗