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Diesel prices in B.C. surge due to Middle East conflict, raising transit costs; B.C. Transit faces $2M annual increase, while TransLink is shielded by long-term contracts.
Rising diesel prices in British Columbia, driven by Middle East conflict disruptions, have increased costs for transit agencies, with B.C.
Transit facing a $2 million annual rise from a 10-cent price hike, prompting a review of future capital projects.
TransLink in Metro Vancouver remains unaffected due to five-year fuel contracts that lock in prices and provide bulk discounts, shielding it from the nearly 40% surge to $2.52 per litre in Vancouver.
Both agencies are expanding electric and alternative-fuel bus fleets to reduce long-term diesel dependence.
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Precios del gasóleo en B.C. aumento debido al conflicto de Medio Oriente, aumentando los costos de tránsito; B.C. Transit se enfrenta a un aumento anual de $ 2M, mientras que TransLink está protegido por contratos a largo plazo.