Gas prices as high as $1.65 per litre? One Vancouver gas analyst thinks it could happen - News Summed Up

Gas prices as high as $1.65 per litre? One Vancouver gas analyst thinks it could happen


The highest Metro Vancouver gas prices of all time could hit drivers this summer. “I wouldn’t be surprised to see $1.65 (a litre) between now and the May long weekend (Victoria Day 18-20),” said gas analyst Dan McTeague. McTeague said the price record was driven by the Enbridge gas line explosion north of Prince George that led to a natural gas supply crisis. Electric vehicle analyst Matthew Klippenstein said that while potential electric car buyers would factor in the current jump in gas prices, they would likely be more influenced by the B.C. “Things like HOV lane access can be a bigger motivator for people than gas prices, because it can save you 20 minutes a day,” he said.


Source: National Post April 01, 2019 14:03 UTC



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