VANCOUVER (NEWS1130) – Gas prices are rising! In recent days, the price per litre has topped $1.40 at some Metro Vancouver gas stations.
“This time of year, refineries typically do maintenance,” explains Jason Toeves with Gasbuddy.com. He adds this work is being done now because “they don’t want to do this during summer driving season.”
“So it’s causing some temporary shortages of gasoline. There’s enough to go around but supplies are a little bit tighter than what they normally are.”
And it looks like prices will remain high for the next several months.
“Gas prices definitely have not topped out,” he adds. “We’re going to see gas prices continue to increase as we get closer to the start of the summer driving season, which is roughly around mid-May, the Victoria Day lone weekend.”
Toeves expects the average price for regular gas to be around “$1.50 per litre this summer, with ranges between $1.40 to $1.60.”
“It’s really going to be September-October before we begin to see any relief at the pumps,” he says.