Gas Prices Expected To Take More Hikes In Coming Weeks
GAS PRICES ON THE RISE: Merritt gas prices have gone up over the past few weeks but nothing like Vancouver where gas sells for $2.22 per litre. (Picture of gas prices at the Shell in Merritt. Trevor Stoyko)
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May 9, 2022 | 10:02 AMVern Strecheniuk
Gas prices in Vancouver continued to break records this weekend, reaching a staggering two dollars and 22 cents per litre in somelocations and one analyst says it will get worse over the next few weeks.
Online tracker Gas Wizard shows people in Vancouver are paying more at the pumps than anywhere else in the province or the country.
In Merritt, motorists will find prices at the pumps anywhere between $1.80.9 and $1.99.9 per litre.
Meanwhile Dan McTeague, president of Canadians for Affordable Energy, says gas prices could go up another five cents across Canada this week if Russia decides to intensify its assault on Ukraine or declare all-out war.
He says they could go up an additional five cents per litre next week as well if the situation worsens in Ukraine and as Canadians gear up for the unofficial start of summer -the May long weekend.
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