At least one station runs out of gas as Metro Vancouver prices break records again
CTV
Gas prices hit another record high in Metro Vancouver, largely due to the Russian invasion of Ukraine, and experts warn it may get even more expensive to fill up later this week.
Gas prices hit another record high in Metro Vancouver, largely due to the Russian invasion of Ukraine.
Several stations across the region reached 186.9 cents per litre Wednesday morning, the highest price ever recorded locally.
The previous record was set just days prior at 183.9 cents per litre.
Despite the steep price, at least one station sold out of regular gas by about 8 a.m. A sign posted at the Petro-Canada at the corner of West 41st Avenue and Oak Street in Vancouver apologized to drivers for the inconvenience.
It's not surprising, and could be a trend seen elsewhere in the area, as analysts warn drivers may want to fill up, even at the record-breaking price, because predictions suggest gas is about to get even more expensive.
“Oil and gas are going to continue to be in very high demand and very short supply, which means the only thing it can give right now is our prices, and they will continue to rise,” said Dan McTeague, president of Canadians for Affordable Energy.
McTeague says Metro Vancouver will see a seven-cent jump Thursday, which would bring prices to 193.9 cents per litre.
