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Here’s why you should wait until Thursday to fill up your tank this week

Last week on Tuesday, October 10th, over 100 members of a First Nation community near Prince George were evacuated when a gas pipeline ruptured.
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Last week on Tuesday, October 10th, over 100 members of a First Nation community near Prince George were evacuated when a gas pipeline ruptured.

As a result, gas prices swiftly jumped over 3 cents per litre by Friday, and continued to climb on Saturday. In fact, Metro Vancouver prices broke record highs on the weekend, with a number of stations charging 163.9 cents per litre.

Of course, prices are still relatively high across the region, but they are expected to go down.

In fact, Dan McTeague, a Senior Petroleum Analyst with GasBuddy.com, tweeted that Metro Vancouver residents should wait until Thursday to fill up their tanks.

Specifically, he predicts that on Wednesday, October 17th, prices will drop a whopping six cents per litre. Following this, he doesn’t indicate an exact amount, but states that there’ll be, “another big decrease Thursday.”

Gas Price ? #Vancouver and the Lower Mainland to see a 6 ct/l drop @ the ?? Wednesday, followed by another big decrease Thursday. If you can hold off, wait until then to fill up

McTeague tweeted last week that Washington refineries, “are now scrambling for alternatives to power generation.”

Washington State refineries depend upon crude oil, and therefore the pipeline rupture is drove the price of oil up.