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Metro Vancouver Gas Prices Will Hit Another All-Time High Of 171.9 Tomorrow

Vancouver gas prices

Photo: @balancedwithharmoni / Instagram

Another day, another record we shouldn’t be happy about. On Sunday, Metro Vancouver gas prices hit an all-time high for North America.

Well, prices are set to go even higher tomorrow.

According to Gasbuddy.com analyst Dan McTeague, local gas stations will see a new record of 171.9 cents a litre on Wednesday.

The sharp increase in gas prices can be partially attributed to a price hike for the provincial carbon tax that took effect April 1st.

As a result, the carbon tax price hike adds 1.14 cents a litre increase for British Columbians when they fill up their vehicles. What this means is that the carbon tax is increasing from $35 per tonne of Co2 to $40 per tonne. In 2018, the first of four annual carbon tax increases took place.

Vancouver Gas Prices

There’s more bad news for drivers at the pump.

In a couple of weeks, gas stations will be switching over to summer-blend gasoline. This type of gasoline is approximately five cents a litre higher than the gasoline used during the winter months.

A quick search on GasBuddy.com shows that the cheapest gas price in Vancouver as of Tuesday morning is 159.9.


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