Gasbuddy comox valley

Want to know keep up-to-date on what's happening in Victoria? Subscribe to our daily newsletter:. Last month, Vancouver Island drivers were treated to the unpleasant phenomenon of gas prices jumping an incredible 12 cents in one night. As of publication, gasbuddy comox valley, Victorians are still paying some of the most disproportionately high gasbuddy comox valley prices in the entire country.

As the price of gas in the Comox Valley jumped overnight, experts are warning drivers this may be the beginning of a slow and steady rise at the pump throughout the next few months and into the summer. Patrick De Haan, head of petroleum analysis for GasBuddy - an online company that offers real-time fuel prices at various stations across the country - said the increase is due to a perfect storm of events. Twenty per cent of refinery capacity shut down, and the price of oil has surged. As of Tuesday March 2 , most prices at the pumps across the Comox Valley reached De Hann noted within the past year, the price of oil had lowered in addition to lower demands for fuel as fewer people travelled due to the pandemic. While the Organization of the Petroleum Exporting Countries OPEC is meeting shortly to discuss raising production, he said the situation at the pumps may not get better anytime soon. Because of the low demand last year, many Canadian oil companies had to lay off thousands of employees, which will add to a production lag as it will take time to bring companies back online to full capacity.

Gasbuddy comox valley

Despite high gas prices at the pumps, Comox Valley motorists can claim they have the lowest gas prices in the province — for now. As of Wednesday, prices across the region were posted at Stations in Vancouver and the Lower Mainland claimed some of the highest prices, sitting at Toews said although other communities — both on Vancouver Island and across the province — have Costco stores, they are not nearly as aggressive with their pricing as they are in the Valley. Additionally, consumers in Metro Vancouver pay a nine-cent transit tax, which is incorporated into the price at the pump. Despite political uncertainty in Iraq and the Middle East, Toews noted Canada does not use oil at the pumps from those countries, but pump price is influenced by world market prices. There could be major increases to the price of gas. Have rising gas prices affected your summer travel plans? Have you had to change or cancel trips because of the cost of fuel, or do you think prices at the pump will drop or remain the same throughout the summer? About the Author: Erin Haluschak.

You can unsubscribe at any time. I consent to receiving emails from the Capital Daily. A daily summary of what's happening in Victoria.

.

I just filled up for less than 50 bucks. When the price was high, 50 bucks wouldn't fill my tank. Courtenay resident Kari Mathew — recalling the price of gas was cheaper last summer in Williams Lake before she moved to the Valley — received a four-cent discount with a Costco card. Mathew knows several Campbell River residents who have made the trip south to fill jerry cans and "everything they possibly can" to avoid paying While he likes cheap gas as much as the next person, Rice is concerned about established businesses that support the local economy. He's feeling the hurt big time. The Kims have cut the hours of their four employees and lowered their own paycheques to alleviate the problem. Costco provides value for the dollar by taking costs out of its operating structure. In gasoline, the company does not accept Visa or MasterCard, which charges a few cents for every litre of gas.

Gasbuddy comox valley

We work with a registered Dietitian to provide outstanding nutritional value to our customers. Order form PDF. Nutritional information PDF. We take pride in striving for excellence in everything that we do!

Trap xxx

Home News Valley advantage? But the actual average wholesale price in Victoria in ? Thank you! To learn about our commenting policies and how our community-based moderation works, please read our Community Guidelines. The only higher price in a major Canadian market is in Metro Vancouver, where the local and provincial take is According to Vancouver-based veteran consulting economist Marvin Shaffer , the most suspiciously high price in that chain is the wholesale price. Oil companies use the most expensive gas or diesel in their supply pool as the base for their pricing , enjoying high markups on the remaining cheaper-to-buy fuel. Every month, and every year since at least , the line has made would-be shippers look elsewhere for their needs. As the price of gas in the Comox Valley jumped overnight, experts are warning drivers this may be the beginning of a slow and steady rise at the pump throughout the next few months and into the summer. About the Author: Erin Haluschak. We acknowledge the financial support of the Government of Canada.

.

The Getting gas from an Edmonton refinery to the Lower Mainland via the TransMountain pipeline costs about 2. Of that, 5. Stay connected to your city with the Capital Daily newsletter. One of the main reasons for this is that the TransMountain pipeline is full; even if it only costs 2. Ian King ,. When the B. So, with the average wholesale price for regular gas in Edmonton being While the Organization of the Petroleum Exporting Countries OPEC is meeting shortly to discuss raising production, he said the situation at the pumps may not get better anytime soon. According to Vancouver-based veteran consulting economist Marvin Shaffer , the most suspiciously high price in that chain is the wholesale price. I understand I can unsubscribe at any time. Patrick De Haan, head of petroleum analysis for GasBuddy - an online company that offers real-time fuel prices at various stations across the country - said the increase is due to a perfect storm of events. Erin Haluschak Mar 3, AM. Something went wrong while submitting the form. You can unsubscribe at any time.