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

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Terrace cab stolen, found destroyed along Hwy 16 riverbank at rest stop near Prince Rupert

Driver was sent to hospital after stealing the running vehicle from company lot

CGL must revise impact assessment on Unist’ot’en Healing Center

Environmental Assessment Office not satisfied with report’s shortcomings

Wet’suwet’en hereditary chiefs call for end of police patrols

Temporary closure of field office not enough to meet demands

Vandals cause damage estimated at $3,000

“It was just malicious, stupid, drunken behaviour” - Thwaites

Confusion surrounds terms of RCMP withdrawal from pipeline construction area

B.C. Deputy Commissioner clarifies terms of agreement following minister’s statements

Protecting privacy key to stopping spread of COVID-19, B.C. health officials say

The number of coronavirus cases in B.C. remains at seven

Toffoli scores OT winner as Canucks beat Habs 4-3

Demko makes 37 saves for Vancouver

Private clinics would harm ‘ordinary’ people using public system in B.C.: lawyer

Health Minister Adrian Dix announced in 2018 that the government would begin to fine doctors $10,000

B.C. terminates contract with hospice society refusing assisted death

Delta Hospice Society loses hospital service fund of $1.5 million

Child in hospital following fatal crash that killed father, sibling on B.C. highway

The single vehicle crash occured near Kamloops on Highway 5A

‘Die!’: Vernon councillor mailed death threat

This story contains information that might be sensitive to some readers

Hidden message connects Castlegar homeowners decades apart

The Rodgers family was surprised when a message fell out of the walls as they were renovating

Two B.C. men plead guilty to bus-terminal assault of man with autism in Ontario

Parmvir Chahil and Jaspaul Uppal due to be sentenced in June for aggravated assault

Most Read