Why are B.C. gas prices surging when the province gets most of its gas from local refineries? – By Rhianna Schmunk (CBC News) / March 8, 2022
Gasoline is made from crude oil, the sky-high cost of which is set at a global level
The price of gasoline at the retail level has hit record highs across the country this week, with drivers in British Columbia seeing prices soar past $2.10 per litre over the weekend.
Economists, fuel experts and politicians have agreed prices are rising because of Russia’s invasion of Ukraine.
But B.C. gets most of its gasoline from Burnaby, Edmonton and Washington state — so why does supply from Russia matter?
Here’s an explanation.
[pro_ad_display_adzone id="404"]
