Gas prices in Smithers remained steady Thursday morning in advance of long weekend despite province-wide hikes. (Thom Barker photo)

Gas prices steady in Smithers

Industry analyst says local retailers not making money, pain yet to come

So far, Smithers has escaped a wave of gas price hikes that swept the province in advance of the long weekend and following the election of a United Conservative Party majority government in Alberta.

On Apr. 17, Black Press reported gas prices in Prince Rupert jumped 17 cents overnight. Similar increases were seen in other northern communities, but were still a far cry from the prices in other areas of the province, such as Surrey where motorists were seeing rates up to $1.70.

READ MORE: Gas prices spike in northern B.C.

In Smithers, the retailers remain fairly steady as of Thursday morning at $1.29 to $1.32.

Dan McTeague, a senior petroleum analyst with GasBuddy, a company that provides online real-time fuel price information, said he was surprised by prices in Smithers.

“It’s a sweet spot, to be sure, because it’s costing most gas stations about $1.28 to buy their fuel,” he said. “I don’t really want to talk about it because I don’t want the five or six stations there to sort of run out and jack it up.”

McTeague didn’t know why the local retailers haven’t followed the trend, but said it’s often local competition.

And while Smithers may be in a bit of a bubble currently, he said the pain is yet to come with the new government next door.

“What Alberta is proposing is they want to get more of their oil and protect their resource, its price, its integrity,” he said. “So, they have all the right to appropriate more oil down the existing pipeline. The fact that the B.C. government is going out of its way to stop it and using all every means and every tool at its disposal really just amplifies the likelihood that there will be a showdown and the showdown is going to get pretty ugly for B.C. drivers.

He had some advice for Bulkley Motorists.

“Hint: pick up some gas today before the long weekend,” he said.



editor@interior-news.com

Like us on Facebook and follow us on Twitter

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Closures and cancellations in the Bulkley Valley due to COVID-19

Many places and businesses have closed or reduced their hours

UPDATE: Man drowns crossing Skeena River

59-year old Prince Rupert victim pronounced dead at Mills Memorial

Better COVID-19 testing results needed in the north

Former senior Northern Health official also wants work camps shut down

Social media a blessing and a curse during time of crisis: B.C. communication expert

‘In moments of crisis, fear is very real and palpable,’ says SFU’s Peter Chow-White

Northern Health preparing ‘for a changing situation’ in response to COVID-19

The health authority is taking a number of measures to free up hospital capacity where possible

B.C. records five new COVID-19 deaths, ‘zero chance’ life will return to normal in April

Province continue to have a recovery rate of about 50 per cent

B.C.’s first community COVID-19 death was dentist ‘dedicated’ to health: lawyer

Vincent was 64 when he died on March 22 after attending the Pacific Dental Conference

Two inmates at prison housing Robert Pickton test positive for COVID-19

Correctional Service of Canada did not release any details on the identities of the inmates

BC SPCA launches matching campaign to help vulnerable animals after big donations

Two BC SPCA donors have offered up to $65,000 in matching donations

Quarantined B.C. mom say pandemic has put special-needs families in ‘crisis mode’

Surrey’s Christine Williams shares family’s challenges, strengths

Anti-tax group calls for MPs, senators to donate scheduled pay raises to charity

Bill C-30, adopted 15 years ago, mandates the salary and allowance increases each calendar year

Two arrested after man lies about COVID-19 illness to stay in Victoria Airbnb for free

Victoria Police found stolen goods inside the occupied unit

Liberals delay release of 75% wage subsidy details, costs: Morneau

Program will provide up to $847 per week for each worker

No laws in B.C. to force businesses to offer refunds, even during a pandemic

Black Press Media talks to Consumer Protection BC on how to navigate during COVID-19

Most Read