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

Do you think the South Cariboo has enough support for mental health services?

Do you think the South Cariboo has enough support for mental health… Continue reading

A GoFundMe has been set up for Allan Faulkner Jr.

More than $2,500 has been donated to the family through the GoFundMe page

Motorcyclists making their way to 100 Mile House

A weekend of riding, rallying and activities

At Educo, everything is an adventure

Somewhere between climbing high and holding on for dear life, I let my worries go

Unheard of sports

A weekly sports column from the 100 Mile Free Press

Unsealed record suggests U.S. man convicted of murdering Vancouver Island couple left DNA on zip tie in 1987

William Talbott is set to be sentenced Wednesday in the murders of Jay Cook and Tanya Van Cuylenborg

Surrey court clerk files human rights complaint related to concussion

Deborah A. Ryane claims her employer discriminated against her on basis of mental disability

Food fight: Liberals, Tories trade shots as pre-campaign battles intensify

Health Canada released an overhauled document that did away with traditional food groups and portion sizes

Okanagan Air Cadet challenges gender-exclusive haircut policy

Haircut regulation inspires challenge around gender identity

VIDEO: Bystander training gains traction as tool to prevent sexual harassment, violence

Julia Gartley was sexually assaulted after an event, and no one stepped in to help

Two brands of ice cream sandwiches recalled due to presence of metal

The Canadian Food Inspection Agency issued a recall on Iceberg and Originale Augustin brands

Sexual assaults, extortion on the rise even as crime rates stay low: Stats Canada

Rates of police-reported sexual assault rose for the fourth year in a row

Vancouver Island teens missing after vehicle found ablaze near Dease Lake, BC

RCMP say a body discovered nearby not one of the missing teens

Most Read