A gas station hits record highs in Richmond on Sunday. (Katya Slepian/Black Press)

Lower Mainland gas prices hit record-breaking 160+ cents a litre

Previous recorded high was 155 cents in 2014

After months of inching higher and higher, prices at the pump have finally topped 160 cents a litre within Metro Vancouver.

Prices had hit the mid-150s in March and GasBuddy senior analyst Dan McTeague had predicted that drivers would see 160 cents a litre by April.

READ: Gas prices likely driving Canadians to US pumps

McTeague said a “perfect storm” of increased demand, a chronic shortage of gasoline – not helped by refineries shutting down for spring maintenance – and a weak Canadian dollar would push prices at the pump to record highs as the weather warmed up.

READ: $1.18 to $1.58 a litre: Are you paying the most for gas in B.C.?

April 1 had also seen the carbon tax increase and a transition from cheaper winter gasoline to its more expensive summer counterpart.

The highest earliest record price was 155 cents a litre in June 2014.


@katslepian

katya.slepian@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Just Posted

Fire destroys home in Surrey

Crews called at 3 a.m. Sunday for a residential house fire on the 12000-block of 100 Avenue

Alzheimer’s Society launches helpline

Toll-free phone line available for people with dementia and their caretakers

Art show to be held at White Rock’s Jan’s on the Beach

Art to be displayed until the end of December

New detox centre opens in South Surrey

WhiteRock EHN opened in response to opioid crisis

Saving salmon: B.C. business man believes hatcheries can help bring back the fish

Tony Allard worked with a central coast First Nation to enhance salmon stocks

VIDEO: Vancouver Giants couldn’t find the net: coach

Even with a six-on-three advantage, the Langley-based hockey team couldn’t earn points Sunday.

High-end B.C. house prices dropping, but no relief at lower levels

But experts say home ownership remains out of reach for many for middle- and lower-income families

Worker killed in collision at B.C. coal mine

Vehicle collision occurred at approximately 10:45 a.m. this morning

UPDATE: Hells Angels on scene after body found in Maple Ridge

Body was discovered beneath the Golden Ears Bridge

Mountie left with ‘significant’ injuries after driver attempts to flee traffic stop

Richmond RCMP are looking for a dark coloured Mercedes Benz

B.C. asking for tips on ‘dirty money’ in horse racing, real estate, luxury cars

Action follows a Peter German report on money laundering in B.C. casinos

Canadian dead more than a week after plane crash in Guyana: Global Affairs

Global Affairs said it couldn’t provide further details on the identity of the Canadian citizen

Children between 6 and 9 eligible for $1,200 RESP grant from province

BC Ministry of Education is reminding residents to apply before the deadline

Most Read