Gas prices hit 169.9 cents in Metro Vancouver

Gas prices hitrecord levels in Metro Vancouver on Friday, believed to be due, in part,to this week'sincrease to the provincial carbon tax.

The highest reported price for regular Friday was 169.9 cents per litre in White Rock, where gas is full-servicea full six cents abovelast year's high of 163.9. Other self-serve gas stations in the region were selling gas for one cent less.

B.C.'s carbon tax went up from $35 to $40 per tonnethis month, adding an additional 1.1 cents to the per-litre price of gas a price already inflated because two of the four refineries in Washington state that supply the province have been shut down, leading to a cinched supply.

"We're not the only ones starting to see record prices," said gas analyst Dan McTeague, citing sky-high prices in California. "We are in new territory and I suspect, for most people, the pain at the pumps will continue."

Werner Antweiler, a business professor at the University of British Columbia, said the additional taxes and higher prices could have locals searchingfor alternatives to gas-powered vehicles.

"People will eventually start buying more fuel-efficient vehicles as a result of high fuel taxes whether it's a carbon tax or any other fuel tax," he said earlier this week.

Another 1.5 cent per litre price increase is expected on Canada Day, whenTransLink'sregional fuel tax risesfrom 17 cents to 18.5 cents per litre.