Vancouver gas prices top $2.39, breaking North American record: analyst


gas price of Vancouver It hit new highs of more than $2.39 a liter on Thursday at some stations, surpassing previous peaks set this summer.

1 gas Analysts expect the price to continue rising this week, as it marks a new North American all-time record.

Dan McTeigue, president of Canadians for Affordable Energy, said the price surpassed the previous record of about $2.37 a liter. of Vancouver of June Due to the temporary suspension of the refinery of US Pacific Northwest and California.

McTeigue said that once the supply problem is resolved, prices are likely to rise again and then fall fairly quickly.

“You won’t see full light at the end of the tunnel. It will happen, and when it does it will probably be a dramatic drop of about 20 cents a liter. of One plummeted, but we got very close to it in a couple of days,” he said.

gas Prices jumped about 20 cents across Canada overnight of some places.

McTeigue said no one could have predicted gas Prices are rising at the rate of the past few days.

“The bottom line is that we don’t have enough supply. But we’ve come this far, and we need to spend a little more time understanding this because it’s like bringing the economy to a halt,” he said. said.

According to CAA price tracker, gas Nationwide, the average is up just over 3 cents to $1.58 per liter.

CAA says average gas price Across Vancouver was $2.32 on Thursday.

canadian press