Gas prices in Metro Vancouver rise again overnight
Gas prices rose again overnight across Metro Vancouver, wrapping up a week of wild swings in the cost to fuel up.
After spiking nearly 10 cents per litre Thursday, many stations in the region are showing another jump of about six cents Friday, hitting 217.9 for regular gas.
That increase follows a significant drop earlier in the week, when prices fell to just over 200 cents per litre.
One analyst says higher prices are an issue all along the West Coast due to refineries having troubles producing gas.
A trickle-down effect is creating a volatile market that Dan McTeague said is difficult to forecast.
"This market is extremely volatile and it could drop but the likelihood is that there will be a continuation of upward pressure," McTeague told CTV News Vancouver on Thursday, before the latest price jump.
"Supply could be affected in the next couple weeks by the anticipated shutdown of the BP Olympic pipeline we could see a spike of another five or 10 cents."
This time last year, McTeague said, fuel prices in Metro Vancouver were around 30 cents less per litre.
With files from CTV News Vancouver's Kraig Krause
CTVNews.ca Top Stories
DEVELOPING Live updates as Stormy Daniels testifies at Trump hush money trial
Adult film star Stormy Daniels will take the stand a second time Thursday as former U.S. president Donald Trump’s hush money case continues in Manhattan. Follow live updates here.
BREAKING Toronto Maple Leafs fire head coach Sheldon Keefe
The Toronto Maple Leafs have fired head coach Sheldon Keefe. The team made the announcement Thursday after the Original Six franchise lost to the Boston Bruins in seven games in the first round of the Stanley Cup playoffs.
Bank of Canada says financial system is stable, but risks remain
The Bank of Canada says the Canadian financial system is stable, but risks remain due to debt servicing costs among households and businesses and stretched valuations of financial assets.
Why these immigrants to Canada say they're thinking about leaving, or have already moved on
For some immigrants, their dreams of permanently settling in Canada have taken an unexpected twist.
Here are the ultraprocessed foods you most need to avoid, according to a 30-year study
Studies have shown that ultraprocessed foods can have a detrimental impact on health. But 30 years of research show they don’t all have the same impact.
Torchbearers in Marseille kick off the Olympic flame's journey across France
Torchbearers carried the Olympic flame through the streets of France's southern port city of Marseille on Thursday, a day after it arrived on a majestic three-mast ship for a welcoming ceremony.
Capital gains tax change 'shortsighted' and 'sows division' business groups tell Freeland
Forging ahead with increasing Canada's capital gains inclusion rate 'sows division,' and is a 'shortsighted' way to improve the deficit, business groups are warning Finance Minister Chrystia Freeland.
Court to hear about search for remains as Winnipeg murder trial enters second day
A courtroom in Winnipeg is expected to hear testimony today about the search for the remains of the four victims of Jeremy Skibicki.
Ontario man frustrated after $3,500 paving job leaves driveway in shambles
An Ontario man considering having his driveway paved received a quote from a company for $7,000, but then, another paver in the neighbourhood knocked on his door and offered half that rate.