By Corey Fischer

Record Gas Price

Mar 22, 2018 | 6:00 PM

GasBuddy.com says Vancouver is now home to North America’s most expensive gasoline.

The website says most outlets are selling gas for $154.9 a litre, beating the previous high of $1.54.3 in June 2014.

Dan McTeague from Gas Buddy says the high prices are due to a chronic fuel supply shortage and the continent’s 2nd highest fuel taxes.

He says gas prices will go up in all of BC next week for an increase to the carbon tax.

“Given next week’s additional 1.22 cents a litre increase in British Columbia’s carbon taxes, the nationally mandated switch over to summer blended fuel in the first days of April and reports that two refineries in Washington state will be entering into their own spring turnaround for maintenance, a perfect storm is emerging for Vancouver motorists at the pumps with prices reaching and breaching the 155.9 cent a litre record by week’s end,” says Mcteague.

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“With no immediate solutions a hand, it is now likely that Vancouver will see many occasions this summer where gas prices will break through the $1.60 a litre threshold and placing summer 2018 pump prices at their highest ever.

Vernon’s gasoline price today is $1.25.9 while in Kelowna, it’s $1.24.4.

by Corey Fischer