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Metro Vancouver gas prices dip ahead of Canada Day weekend

With Monday's carbon pricing hike bumping up the price of gas again, a monitoring company has a new prediction about what Canadians will be spending to fill up. Global's Nathaniel Dove reports – Apr 2, 2024

Lower Mainland commuters looking for a break at the pump will want to fill up on Thursday, with gas prices dipping ahead of the long weekend.

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Petroleum analyst Dan McTeage of Canadians for Affordable Energy said prices have fallen by about seven cents per litre.

“All told, despite increases in taxes like the four-cent increase in carbon tax, you are still paying 15 cents a litre less than you did this time last year,” he said.

McTeague said the lower prices are a reflection of stable demand and healthy fuel supply in the U.S. Pacific Northwest.

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But he said people looking for a price break may want to act quickly.

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“This might be the best day for drivers to take advantage of these low prices, $1.82.9, some places you might even see 1$.81, $1.80,” he said.

“There is no doubt going to be an increase of a penny Friday and another penny or so Saturday or Sunday.”

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