Gas prices jumped $0.17 overnight in Prince Rupert ahead of the long weekend. (Shannon Lough / The Northern View)

Gas prices spike in northern B.C. ahead of the long weekend

Fuel went up 17 cents overnight in Prince Rupert

Gas prices in northern B.C. are slowly catching up to the record-high prices at the pumps in other parts of the province.

Overnight, the price of gas in Prince Rupert went 13 per cent, from $128.9 to $145.9 a litre. But that’s still a far cry from the $1.70 in Surrey on the same morning. By the afternoon, it dropped to $138.9 at three of the four gas stations in town. In Terrace, some Esso/Husky stations are at $142.9, in Quesnel $139.9, and $132.9 in Williams Lake.

The yo-yo effect is because gas bars are trying to compete with bigger stations, said GasBuddy.com petroleum analyst Dan McTeague.

“It’s gas bar shenanigans. It’s gas retailers seeing their wholesale price has gone up, and retailers there deeply discounting their gas, selling it below cost and then when there is a small increase on the wholesale side they raise their retail margins and then they add the two or three cent a litre increase so that’s why you see that,” McTeague said in an interview with Black Press Media.

“Gas bars are playing games trying to compete with the big box stores, in particular Costco. So you see that kind of happen in places like Kamloops, you see that in Prince George sooner or later people have to throw in the towel and say we can’t sell gasoline below cost.”

Two days ago, some B.C. cities had record-breaking prices at the pumps. White Rock was up to $1.709 a litre. The reason for this spike was the B.C. carbon tax that was increased April 1, and two major fuel suppliers are under maintenance.

Last April, the Northern View reported on gas prices in Prince Rupert hitting $1.43 a litre, up 20 cents overnight.

READ MORE: B.C. cities break North American gas price record

READ MORE: Gas prices on the rise in Prince Rupert

— With files from Joti Grewal


The Northern View

Send The Newsroom email
Like the The Northern View on Facebook
Follow us on Twitter

Just Posted

Northern B.C.’s Ridley coal terminal sold, Canada divests, First Nations to own portion

Ten per cent of shares transferred to the Lax Kw’alaams Band and the Metlakatla First Nation

Recreational fishing for sockeye salmon in the Skeena River watershed temporarily closed

Effective July 11 recreational fishing will be banned until further notice

Skeena mainstem closed to recreational sockeye

Escapements expected to be below 800,000 threshold

B.C. to begin increasing coastal log export charges

New fees based on harvest cost, cedar no longer exempt

Houston man faces multiple charges following fire

Police and man trapped between burning structure and brush fire

VIDEO: Using scrap materials, man build workout equipment at B.C. tent city

Made of reused wood, ropes and metal, the machine could be Shane Knight’s ticket to competitions

Canadian officials flagged 900 food items from China with ‘problems’ over 2 years

The scrutiny of agricultural goods has been central to a diplomatic dispute between Canada and China

Gasoline companies to speak at public inquiry into B.C. pump prices

Premier John Horgan ordered the inquiry in May when prices at the pump reached $1.70 a litre

When the hospital becomes home: B.C. girl, 7, has spent a third of her life in pediatric unit

Mother grateful for the care her daughter received at VGH Pediatric Intensive Care Unit

B.C. woman jailed for child pornography after sharing photos of grandchildren online

Grandma sentenced to 14 months behind bars for concerning and explicit online chats with stranger

Loved ones of Somali-Canadian journalist Hodan Nalayeh mourn after terrorist attack

She moved back to Somalia last year in an effort to tell positive stories of her home country

Marathon votes, high stress work is going to kill someone, say some MPs

Some resort to wearing diapers to help get them through all-night votes

Concerns mount over ‘criminalization’ of detained migrants in Canada

The agency decided all officers working in these centres must be outfitted in protective and defensive equipment

Trudeau stresses balancing economy, environment during brief Stampede visit

The prime minister took aim at his conservative opponents in his remarks

Most Read