Metro Vancouver gas prices predicted to drop 12 cents ahead of long weekend
After seeing record or near-record gas prices for a week, Metro Vancouver is predicted to see a significant drop in the cost to fill up a tank before the long weekend.
According to Gas Wizard, a Canadian gas-price prediction website, the price of gas in Vancouver is expected to fall by 12 cents per litre on Friday. That means gas is predicted to be 214.9 cents per litre, down from Thursday's cost of 226.9.
The price drop comes after some stations in the region had a record-breaking price of 233.9 cents per litre for several days in a row.
Gas prices for Vancouver from May 9 to May 20, 2022. (Gas Wizard)
As of Thursday, the Greater Vancouver area still has the highest prices in the country, according to a heat map from GasBuddy.com.
High prices across the province have led to calls for free transit over the summer months, when prices are predicted to reach 250 cents per litre.
They've also led to many Canadians choosing to go south of the border to fill up. On Wednesday, a gallon of regular gas was $5.35 on credit card at a station near the Pacific Highway crossing in Blaine. That equates to $1.82 a litre Canadian, which is about 50 cents cheaper than most stations in Metro Vancouver.
Along with residents, local charities are struggling with the soaring cost of gas, with some worried they might have to cut programs.
For now, the B.C. government is aiming to give some relief from the high prices in the form of a $110 rebate for most ICBC customers. Some residents will see their rebate arrive by direct deposit this month, others will receive a cheque in June.
That rebate was announced in March, when the record price was 214.9 cents per litre – the same cost Metro Vancouver is expected to see on Friday.
CTVNews.ca Top Stories
DEVELOPING Man sets self on fire outside New York court where Trump trial underway
A man set himself on fire on Friday outside the New York courthouse where Donald Trump's historic hush-money trial was taking place as jury selection wrapped up, but officials said he did not appear to have been targeting Trump.
BREAKING Sask. father found guilty of withholding daughter to prevent her from getting COVID-19 vaccine
Michael Gordon Jackson, a Saskatchewan man accused of abducting his daughter to prevent her from getting a COVID-19 vaccine, has been found guilty for contravention of a custody order.
She set out to find a husband in a year. Then she matched with a guy on a dating app on the other side of the world
Scottish comedian Samantha Hannah was working on a comedy show about finding a husband when Toby Hunter came into her life. What happened next surprised them both.
Mandisa, Grammy award-winning 'American Idol' alum, dead at 47
Soulful gospel artist Mandisa, a Grammy-winning singer who got her start as a contestant on 'American Idol' in 2006, has died, according to a statement on her verified social media. She was 47.
'It could be catastrophic': Woman says natural supplement contained hidden painkiller drug
A Manitoba woman thought she found a miracle natural supplement, but said a hidden ingredient wreaked havoc on her health.
Young people 'tortured' if stolen vehicle operations fail, Montreal police tell MPs
One day after a Montreal police officer fired gunshots at a suspect in a stolen vehicle, senior officers were telling parliamentarians that organized crime groups are recruiting people as young as 15 in the city to steal cars so that they can be shipped overseas.
The Body Shop Canada explores sale as demand outpaces inventory: court filing
The Body Shop Canada is exploring a sale as it struggles to get its hands on enough inventory to keep up with "robust" sales after announcing it would file for creditor protection and close 33 stores.
Vicious attack on a dog ends with charges for northern Ont. suspect
Police in Sault Ste. Marie charged a 22-year-old man with animal cruelty following an attack on a dog Thursday morning.
On federal budget, Macklem says 'fiscal track has not changed significantly'
Bank of Canada governor Tiff Macklem says Canada's fiscal position has 'not changed significantly' following the release of the federal government's budget.