West Coast supply problems are leading to record gas prices in Vancouver, says one expert.
The price for a litre of gasoline in Metro Vancouver and Victoria is set to hit an all-time record this week, climbing to 239.9 cents per litre Thursday.
Werner Antweiler, an energy economist at the University of British Columbia’s Sauder School of Business, said gasoline prices are skyrocketing up and down the West Coast of North America as supply tightens. In the lead-up to the Labour Day long weekend, gas stations in Burnaby and Richmond saw a litre of gas drop to 182.9 at some stations, according to the website GasBuddy.
Elsewhere in the province, the price per litre of gas is expected to be slightly lower Thursday, with Gas Wizard forecasting an average of roughly 192 cents per litre in Kelowna and Kamloops, and 185.9 cents per litre in Prince George. At the same time, four refineries shut down in California, including one unplanned at the Chevron Richmond Refinery after it reportedly experienced power problems, reported the Santa Rosa Press Democwrat Tuesday.
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