Gasbuddy comox valley

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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.

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. Dialogue and debate are integral to a free society and we welcome and encourage you to share your views on the issues of the day. We ask that you be respectful of others and their points of view, refrain from personal attacks and stay on topic. To learn about our commenting policies and how our community-based moderation works, please read our Community Guidelines. Home News Valley advantage?

However, gasbuddy comox valley, what it could do is free up space in the existing TransMountain pipeline, allowing more gasoline and diesel to flow westwards. Enter your email address Thank you! Ottawa then takes 10 cents as fuel taxand charges GST.

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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. Furthermore, its gas bars are not open 24 hours a day, which saves on employee costs.

Gasbuddy comox valley

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One of the main reasons for this is that the TransMountain pipeline is full; even if it only costs 2. 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. As of Tuesday March 2 , most prices at the pumps across the Comox Valley reached According to Vancouver-based veteran consulting economist Marvin Shaffer , the most suspiciously high price in that chain is the wholesale price. Ian King ,. So, with the average wholesale price for regular gas in Edmonton being By filling out the form above, you agree to receive emails from Capital Daily. For more news from Vancouver Island and beyond delivered daily into your inbox, please click here. Thank you! The rest has to be scrounged from whoever will sell it to us. 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. Dialogue and debate are integral to a free society and we welcome and encourage you to share your views on the issues of the day. Something went wrong while submitting the form. About the Author: Erin Haluschak.

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Related News. You can unsubscribe at any time. Stations in Vancouver and the Lower Mainland claimed some of the highest prices, sitting at At an average of She is also the editor of Trio Magazine The rest has to be scrounged from whoever will sell it to us. Additionally, consumers in Metro Vancouver pay a nine-cent transit tax, which is incorporated into the price at the pump. Last month, Vancouver Island drivers were treated to the unpleasant phenomenon of gas prices jumping an incredible 12 cents in one night. One of the main reasons for this is that the TransMountain pipeline is full; even if it only costs 2. Home News Valley advantage? Marketers have responded , blending in alternatives from lower-carbon sources in recent years. Capital Daily Newsletter. As of publication, Victorians are still paying some of the most disproportionately high gas prices in the entire country.