REVscene Automotive Forum - View Single Post - Metro Vancouver gas prices could hit $1.54 a litre by the weekend: GasBuddy

pastarocket · 09-26-2022, 01:55 PM

I heard this on the news today about some of the factors behind the fast increase in gas prices:

https://vancouver.citynews.ca/2022/0...-gas-prices-4/

A slew of unexpected refinery disruptions, including fires and routine maintenance, have seemingly all happened in a short span of time, causing wholesale gas prices to spike in areas of the West Coast, Great Lakes and Prairies, and some of those areas could see prices spike another 10 to 20 cents per litre or more until issues are worked out.”

The head petroleum analyst at GasBuddy.com says one of the longest gas price declines on record has finally come to an end after over a dozen weeks, blaming a “myriad [of] refinery issues” across the country.

“I don’t know that I’ve ever seen a wider gamut of price behaviours coast-to-coast in my career,” Patrick DeHaan told CityNews.

DeHaan adds even more refiners could see disruption as Tropical Storm Ian nears the U.S. coast.

In other words, a lack of refinery capacity and tropical storms shutting down U.S. refineries is partly to blame for the rapid increase in gas price? Hmmm.

I don't buy that explanation. Do we not get most of our gas from Alberta? We have pipelines operating.

09-26-2022, 01:55 PM	#696
pastarocket Willing to sell body for a few minutes on RS Join Date: Feb 2010 Location: Vancouver Posts: 10,692 Thanked 4,484 Times in 2,232 Posts Failed 699 Times in 223 Posts Member's Picture Albums	I heard this on the news today about some of the factors behind the fast increase in gas prices: https://vancouver.citynews.ca/2022/0...-gas-prices-4/ A slew of unexpected refinery disruptions, including fires and routine maintenance, have seemingly all happened in a short span of time, causing wholesale gas prices to spike in areas of the West Coast, Great Lakes and Prairies, and some of those areas could see prices spike another 10 to 20 cents per litre or more until issues are worked out.” The head petroleum analyst at GasBuddy.com says one of the longest gas price declines on record has finally come to an end after over a dozen weeks, blaming a “myriad [of] refinery issues” across the country. “I don’t know that I’ve ever seen a wider gamut of price behaviours coast-to-coast in my career,” Patrick DeHaan told CityNews. DeHaan adds even more refiners could see disruption as Tropical Storm Ian nears the U.S. coast. In other words, a lack of refinery capacity and tropical storms shutting down U.S. refineries is partly to blame for the rapid increase in gas price? Hmmm. I don't buy that explanation. Do we not get most of our gas from Alberta? We have pipelines operating. __________________ Go Canucks go!