This time around, Vancouver gas prices won’t break the North American record we set last month, but they’re still set to go up.
According to Gasbuddy.com analyst Dan McTeague, local gas stations will hit 170.9 cents a litre on Friday.
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⚠️⛽️ Alert: #Vancouver and the Lower Mainland to 👀 a 2 cent a litre HIKE @ the ⛽️ for Friday May 17 pushing prices back up to 170.9 cents per litre
— Dan McTeague (@GasBuddyDan) May 16, 2019
On Thursday, before the jump in prices on Friday, gas pumps will hit 168.9 cents a litre.
Vancouver Gas Prices
Back in April, the Canadian Taxpayers Federation started on online petition to scrap the BC Carbon Tax.
“The price of gasoline in B.C. is high because the B.C. government keeps increasing taxes on gasoline and diesel and fighting pipeline expansions” reads the petition.
On April 1st, a price hike for the provincial carbon tax took effect. As a result, this adds a 1.14 cents a litre increase for British Columbians when they fill up their vehicles. What this means is that the carbon tax has increased from $35 per tonne of Co2 to $40 per tonne. In 2018, the first of four annual carbon tax increases took place.
If you were to go on GasBuddy.com right now, a quick search would show that the cheapest gas price in Vancouver as of Thursday morning is 155.9.
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