Sky-high gas prices in B.C. are result of refinery issues in Alberta, U.S., experts say

Gas prices reaching astronomical heights across much of B.C. this week are the result of what experts describe as a “very unusual” situation, with several refineries in North America having gone offline or running into problems at the same time.

Prices at pumps surged past the $2 per litre mark again in several parts of the province last week — the steepest jump since July. In Metro Vancouver, drivers have seen prices rise by 13 per cent in the past seven days, with prices above $2.30 for a litre of regular at some stations.

When prices jumped in the spring, experts attributed the change to Russia’s invasion of Ukraine, which threw the global market into turmoil.

This time, they

→ Continue reading at CBC News

Related articles


Share article

Latest articles