Metro Vancouver drivers may want to avoid filling their tanks on Wed., Sept. 18. Petroleum analyst Dan McTeague predicts gas prices will fall by six cents Thursday. (chrismetcalfTV/Flickr photo)

Lower Mainland gas prices could see whopping 10-cent drop Thursday, expert says

This would mark the biggest price drop in a single day in the past decade in the region

Gas prices in the Lower Mainland are expected to see a substantial drop Thursday, and no that’s not a joke.

Petroleum analyst Dan McTeague says prices at the pump could decrease as much as 10 cents a litre in some cities, marking the biggest single-day drop in more than a decade for southwestern B.C.

On Wednesday afternoon, the cheapest gas in Vancouver and Surrey was about $1.42 per litre, according to GasBuddy.com, which relies on commuter reports of local gas station prices across the country.

In Abbotsford, where prices don’t include a 17-cent transit tax, a litre went for about $1.30.

The cheapest gas in the province was at the Costco in Prince George, at $1.09 per litre.

The good news for commuters comes despite the region’s only refinery, Parkland Fuel Corp. in Burnaby, announcing Wednesday that it would shut down for the next eight weeks for scheduled seasonal maintenance.

READ MORE: Lower Mainland’s only gasoline supplier to close for 8 weeks for maintenance

Parkland vice-president Dirk Lever told a news conference that the 55,000-barrel-per-day refinery is stocking up fuel to be used during the outage, but that won’t last, and plans are in the works to bring product in from nearby refineries.


@ashwadhwani
ashley.wadhwani@bpdigital.ca

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

Comments are closed

Just Posted

BREAKING: Cloverdale McDonald’s employee tests positive for COVID-19

McDonald’s Canada immediately shut down the restaurant

Southridge students raise $5,600 for hospital meal program

GoFundMe campaign funds two months of meals at Peace Arch Hospital

Surrey kids get cooking during free SuperChefs camps pushed online by pandemic

‘Enthusiastic’ launch of program, which sees ingredient pickup at one local school

Court awards woman $143K for two Whalley rear-ender crashes, one by a bus

In both cases, Brigitte Bergeron’s vehicle was hit from behind while stopped at an intersection

Surrey RCMP searching for missing woman last seen in Crescent Beach

Milcah Kasomali-Chirumbwana last seen at 4:35 p.m. July 5 in the 12300-block of Beecher Street

Horrifying video shows near head-on collision on Trans Canada

The video was captured on dash cam along Highway 1

Fraser Valley woman complains of violent RCMP takedown during wellness check

Mounties respond that she was not co-operating during Mental Health Act apprehension

B.C. sees 12 new COVID-19 cases, no new deaths

Three outbreaks exist in health-care settings

Lost dog swims Columbia River multiple times searching for home

The dog was missing from his Castlegar home for three days.

COVID-19: B.C. promotes video-activated services card

Mobile app allows easier video identity verification

ICBC to resume road tests in July with priority for rebookings, health-care workers

Tests have been on hold for four months due to COVID-19

Would you take a COVID-19 vaccine? Poll suggests most Canadians say yes

75 per cent of Canadians would agree to take a novel coronavirus vaccine

Abbotsford school vice-principal accused of getting Instagram ‘confessions’ page shut down

@A.S.S.S.Confessions page claims school officials contacted families to find out person behind page

Recreational chinook openings leave First Nations frustrated on the Lower Fraser

Limited recreational openings for chinook on the Chehalis and Chilliwack rivers being questioned

Most Read