It’s not the kind of record cities are proud of setting, but today Metro Vancouver gas prices broke the record high.
As of Monday, April 23th, parts of Metro Vancouver reached 157.9 cents a litre. What’s more, the previous record was just set a month ago.
On March 22nd, prices reached 156.9 cents a litre. The previous record was set in June 2014. Back then, the price of oil was trading at over $100 per barrel.
Further, that record was only hit at a single gas station in Delta.
Gas Prices Break Record
On April 1st, the NDP government introduced a new carbon tax. It’ll be the first of four annual increases, adding 1.22 cents a litre to the price at the gas pump.
Evidently, this tax increases already very high prices. In addition, the new summer gas blends are more expensive.
If prices weren’t already high enough, they could get much worse. If Alberta follows through on its threat to block the shipment of oil to BC, prices could soar to $2 per litre.
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