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

More forest grants given

Community forest meant to benefit the community

Houston Legion auxiliary hosts annual hot turkey dinner

It was a hot turkey dinner with all the fixings on offer… Continue reading

Rescue truck purchase approved

Vehicle should be in-service by next summer

Local skaters showcase their talents

Special show on Dec. 13

VIDEO: Octopus, bald eagle battle after bird ‘bites off more than it can chew’ in B.C. waters

B.C. crew films fight between the two feisty animals in Quatsino off north Vancouver Island

Raptors fans show Kawhi the love in his return to Toronto

Leonard receives championship ring, leads new club to win

Process to identify those killed in Gabriola plane crash could take days

Canadian flight museum suggests Alex Bahlsen of Mill Bay died in Tuesday’s crash

‘Honest mistake:’ RCMP says B.C. cannabis shop can keep image of infamous Mountie

Sam Steele wearing military, not RCMP uniform in image depicted in Jimmy’s Cannabis window

B.C. conservation officers put down fawn blinded by pellet gun on Vancouver Island

Young deer found near construction site in Hammond Bay area in Nanaimo, B.C.

Laid-off forest workers converge on B.C. legislature

Loggers call for action on strike, provincial stumpage

B.C. guide fined $2K in first conviction under new federal whale protection laws

Scott Babcock found guilty of approaching a North Pacific humpback whale at less than 100 metres

Feds urge Air Canada to fix booking problems as travel season approaches

The airline introduced the new reservation system more than three weeks ago

Almost 14,000 Canadians killed by opioids since 2016: new national study

17,000 people have been hospitalized for opioid-related poisoning

Most Read