Here's how high gas prices are predicted to get in Metro Vancouver this weekend
Gas prices are once again on the rise in the Lower Mainland.
Prices at many gas stations have leaped to 188.9 cents per litre, which is an increase of 16 cents since Wednesday.
Gas analyst Dan McTeague believes the price will rise even further on Saturday morning to 190.9—a number that the region hasn’t seen since early October.
“I think it’s a bit of a delayed effect of the Parkland Refinery which closed down almost three weeks ago,” said McTeague.
“We saw a spike and then it came down and nothing was wronged and energy traders didn’t really pay much attention to supply picture which continues to deteriorate on the U.S west coast.”
McTeague went on to say that refineries are going through seasonal maintenance which cause shutdowns for two or three weeks as they switch over to summer fuel blends.
This could have direct impact on fuel supply across the Pacific Northwest.
“This time last week the market in Washington State and Oregon was about 2.14 per gallon it’s now about 2.60 per gallon,” said McTeague on Friday morning.
McTeague predicts the Fraser Valley and parts of Vancouver Island will see price increases while the rest of the province remains stable.
He expects the prices on the South Coast will continue to fluctuate until the Burnaby refinery resumes operations.
CTVNews.ca Top Stories
![](https://www.ctvnews.ca/polopoly_fs/1.6976926.1721883767!/httpImage/image.png_gen/derivatives/landscape_800/image.png)
DEVELOPING Alberta's request for federal assistance approved after fast-moving wildfire hit Jasper National Park: Trudeau
Prime Minister Justin Trudeau announced on social media that Ottawa has approved Alberta's request for federal assistance after a fast-moving wildfire hit Jasper National Park and its townsite late Wednesday.
BREAKING Loblaw, George Weston to settle class action over bread price-fixing for $500 million
Loblaw Cos. Ltd. and its parent company George Weston Ltd. say they have agreed to pay $500-million to settle a class-action lawsuit regarding their involvement in an alleged bread price-fixing scheme.
EXCLUSIVE One address, 76 foreign currency dealers: Inside Canada's money service business 'clusters'
An IJF and CTV News investigation has found dozens of cases across Canada where multiple money services businesses (MSBs) are incorporated at the same address, sometimes without the knowledge or consent of the location's actual occupant. One money laundering expert calls it an 'abuse of the system.'
U.K. police officer suspended after video appears to show a man being kicked in head
A British police officer was suspended from all duties Thursday after a video was posted on social media that appeared to show an officer kicking and stamping on the head of a man lying on the floor of a terminal at Manchester Airport.
Barrie-Innisfil MPP 'blacked-out' and crashed car into window of child care centre
Staff at a Barrie child care centre say they are frustrated by what they call a local MPP's inadequate response after a car crashed through a window in one of the toddler rooms.
Norad intercepts Russian and Chinese bombers operating together near Alaska in apparent first
The North American Aerospace Defence Command (Norad) intercepted two Russian and two Chinese bombers flying near Alaska Wednesday in what appears to be the first time the two countries have been intercepted while operating together.
Biden explains why he ended re-election bid in Oval Office address
U.S. President Joe Biden on Wednesday delivered a solemn call to voters to defend the country's democracy as he laid out in an Oval Office address his decision to drop his bid for reelection and throw his support behind Vice President Kamala Harris.
Jasper mayor says alert system to be reviewed after message 'glitch'
More than 25,000 people have been displaced from Jasper National Park since wildfires started to threaten the picturesque corner of Alberta Rockies on Monday, but the mayor of its namesake municipality says not everyone received an evacuation alert when it was sent out.
Unclaimed bodies are piling up in Newfoundland. A funeral director blames the government
A funeral director in St. John's says the bodies piling up in freezers at Newfoundland and Labrador's largest hospital likely belong to people whose loved ones couldn't get enough government help to pay for a funeral.