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.

Just Posted

New whisky distillery to open in South Surrey

Mainland Whisky to open this weekend with festive cocktails

‘The Sound of Music’ musical keeps Surrey girl busy, but she’s ‘loving every minute of it’

Naomi Tan, 9, plays the youngest character in Arts Club production on Vancouver stage

‘Absolutely devastating’: Laptops, gift cards stolen from Surrey Christmas Bureau

Executive director says it’s a ‘huge blow’ and the charity was ‘already struggling for teen gifts’

Two-vehicle Surrey crash snarls traffic at 152nd, Highway 10

Surrey RCMP Constable Richard Wright said police were on scene when it happened

Surrey RCMP looking for missing 13-year-old Indigenous boy

Police say Stephen Donnelly was last seen around 3 p.m. on Dec. 10 in the 10400-block of 132nd Street

‘A loud sonic boom’: Gabriola Island residents recount fatal plane crash

Area where the plane went down is primarily a residential neighbourhood, RCMP say

Penticton RCMP warn of new ‘porting’ scam that puts internet banking, online accounts at risk

Two-factor verification has been the go-to way to keep online accounts secure

Thunberg ‘a bit surprised’ to be Time ‘Person of the Year’

‘I could never have imagined anything like that happening,’ she said in a phone interview

B.C. patients wait 41% longer than national average to see a walk-in doctor: Medimap

The longest wait time was found in Sidney, B.C., where patients waited an average of 180 minutes

10,000 affordable rentals a year needed to tackle Metro Vancouver housing crisis: report

The report focused on building government-funded housing, rather than relying on the private sector

Toronto Raptors, Don Cherry top the list of Canadians’ Google searches in 2019

‘Champions’ was the theme of the last year, Google said

Tavares scores twice as Maple Leafs earn 4-1 win over Canucks

Vancouver sees two-game win streak snapped

UPDATED: No survivors in Gabriola Island plane crash: RCMP

Coroner confirms multiple fatalities after small plane goes down Tuesday night near Nanaimo

VIDEO: Harbour Air makes history with first electric aircraft test flight

Successful flight marks first of its kind in the world

Most Read