Vancouver’s sky-high gas prices eclipse all other markets: NEB

The marketing margin – the difference between the wholesale price and the retail price before taxes – was higher in Vancouver, where it averaged 10.5 cents a litre in April.Vancouver drivers, already paying the highest prices for fuel in the country, should brace for another jolt at the pumps ahead of this May long weekend.

The refining margin – the difference between what a refinery pays for crude and what it can charge for fuels and other products – averaged 52.1 cents a litre in Vancouver, double the national average, in April. The B.C. government last week ordered its provincial energy regulator to investigate why gasoline prices have spiked in some parts of the province.B.C. Premier John Horgan, who has pledged to make life more affordable for British Columbians, is under fire from Alberta Premier Jason Kenney, who says the BC NDP government is to blame for high prices at the pumps.

British Columbians consumed 96,000 barrels a day of gasoline last year and most of it arrived through the Trans Mountain pipeline, the NEB reports in its latest market snapshot. That includes 28,000 barrels a day of refined petroleum products, as well as about 50,000 barrels a day of crude oil to the Parkland Refinery in Burnaby.

GlobeBC jjhorgan what has your 'waste of tax payers money' investigation on higher gas prices revealed? dyingtoknow shouldwegogreen

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