The cost of gas at some stations Thursday morning was 239.9 cents per litre. That is an all-time record for any city in North America, according to ex

Gas prices in Metro Vancouver hit new record high at $2.399 a litre

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2022-09-29 20:00:36

The cost of gas at some stations Thursday morning was 239.9 cents per litre. That is an all-time record for any city in North America, according to experts.

“This is almost day to day but is obviously not far away from $2.50 a litre, and that at some stage would mean some significant demand destruction,” said Dan McTeague, Canadians for Affordable Energy’s president.

“Once refineries get back up and running, we will see prices dial back probably to the $2.10 range for the foreseeable future.”

#BREAKING The price of gas in Vancouver will soon set a new all-time record. Dan McTeague @GasPriceWizard says gas will hit $2.39.9/L on Thursday, breaking an all-time record for any city in North America. Last record was set on June 8th when gas in Vancouver was $235.9/L #bcpoli

And now the bad news. Prices are expected to spike even higher on Friday, with analysts forecasting prices of 241.9 cents a litre.