Here's how expensive gas is predicted to be in Metro Vancouver this weekend
Metro Vancouver drivers are being warned to expect another price jump at the pumps this weekend.
Gas price analyst Dan McTeague said Thursday Vancouver drivers could see an 11-cent increase by Saturday, with prices reaching another record-breaking high of 227.9 cents per litre.
Canadian gas-price prediction website Gas Wizard suggests that could be the highest price across Canada among major cities, though Victoria won't be far behind at 226.9.
Earlier this week, the price in Vancouver reached 222.9 and, as of Friday, a heat map on GasBuddy.com suggested the average price per litre in the Greater Vancouver area was just over 217 cents.
Since the cost of fuel first rose to more than $2 per litre in Metro Vancouver back in March, there's been little relief in sight.
Experts and B.C.'s premier have largely blamed the Russian invasion of Ukraine for a trickle-down impact leading to the surging prices.
One energy expert told CTV News earlier this month there’s another major factor at play.
"The main cause for this is refineries," said Vijay Muralidharan, senior analyst for Kalibrate Canada.
"Summer driving season has begun in the U.S., which de facto means that refineries are going to charge a premium to produce gasoline."
A carbon tax increase also took effect in B.C. in April, bringing that tax up to 11 cents.
To offer B.C. drivers a bit of a break for high prices, Premier John Horgan announced a $110 rebate for most drivers insured in the province. Some residents will see their rebate arrive by direct deposit this month, others will receive a cheque in June.
With files from CTV News Vancouver's Lisa Steacy
CTVNews.ca Top Stories
BREAKING Israel attacks Iran, Reuters sources say; drones reported over Isfahan
Israel has attacked Iran, three people familiar with the matter told Reuters, as Iranian state media reported early on Friday that its forces had destroyed drones, days after Iran launched a retaliatory drone strike on Israel.
American millionaire Jonathan Lehrer denied bail after being charged with killing Canadian couple
American millionaire Jonathan Lehrer, one of two men charged in the killings of a Canadian couple in Dominica, has been denied bail.
Nearly half of China's major cities are sinking, researchers say
Nearly half of China's major cities are suffering 'moderate to severe' levels of subsidence, putting millions at risk of flooding especially as sea levels rise.
Prince Harry formally confirms he is now a U.S. resident
Prince Harry, the son of King Charles III and fifth in line to the British throne, has formally confirmed he is now a U.S. resident.
Judge says 'no evidence fully supports' murder case against Umar Zameer as jury starts deliberations
The judge presiding over the trial of a man accused of fatally running over a Toronto police officer is telling jurors the possible verdicts they may reach based on the evidence in the case.
Health Canada to change sperm donor screening rules for men who have sex with men
Health Canada will change its longstanding policy restricting gay and bisexual men from donating to sperm banks in Canada, CTV News has learned. The federal health agency has adopted a revised directive removing the ban on gay, bisexual and other men who have sex with men, effective May 8.
Colin Jost names one celebrity who is great at hosting 'Saturday Night Live'
Colin Jost, who co-anchors Saturday Night Live's 'Weekend Update,' revealed who he thinks is one of the best hosts on the show.
Sports columnist apologizes for 'oafish' comments directed at Caitlin Clark. The controversy isn't over
A male columnist has apologized for a cringeworthy moment during former University of Iowa superstar and college basketball's highest scorer Caitlin Clark's first news conference as an Indiana Fever player.
'Shopaholic' author Sophie Kinsella reveals brain cancer diagnosis
Sophie Kinsella, the best-selling author behind the 'Shopaholic' book series, has revealed that she is receiving treatment for brain cancer.