On Thursday, we reported that Vancouver gas prices would hit 170.9 on Friday ahead of the Victoria Day long weekend.
We’ve got more bad news for motorists.
According to Gasbuddy.com analyst Dan McTeague, local gas stations will hit 171.9 cents a litre on Saturday.
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And if you don’t fill up tonight you can add another 1 cent a litre increase for Saturday, pushing ⛽️ prices back to 171.9 cents per litre https://t.co/SyHq6xdrLQ
— Dan McTeague (@GasPriceWizard) May 17, 2019
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 Friday morning is 154.9.
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