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Gas prices in Metro Vancouver drop to as low as $1.799 a litre

Click to play video: 'Fuel prices falling at B.C. pumps due to lower demand'
Fuel prices falling at B.C. pumps due to lower demand
Motorists needing to gas up right now are getting a bit of a break at the pump. The price of gas on the south coast has fallen Thursday and experts say expect it to fall even further. Jasmine Bala has more on what's behind the falling price – Nov 17, 2022

Great news for Metro Vancouver drivers as gas prices have now dropped to as low as $1.799 a litre.

Most gas stations in the Lower Mainland are hovering around $1.819 a litre but according to GasBuddy, an Esso station on SW Marine Drive is sporting the low price of $1.799.

Gas expert Dan McTeague told Global News prices should fall another six cents by Friday morning.

A map from GasBuddy shows gas prices around the Lower Mainland as of 7:30 a.m. Thursday. GasBuddy
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Prices could go as low as $1.759 on Friday, which would be the lowest price seen in Metro Vancouver since February.

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High gas supplies are the reason for the drop, according to experts.

“There were some refinery outages and some maintenance going on the U.S. West Coast in California,” said Paul Pasco, a Kalibrate gas analyst.

“As that’s eased, we’re starting to see supply come back in. We’re starting to see prices come back down.”

Pasco also says he expects gas prices to continue to drop in B.C. and maybe the entire country as well.

“I’m seeing the possibility that we could see another four to six cents (in price drop on Friday),” he said.

“I’m hoping that we may see some further easing of prices, probably across the country, as we continue to see crude prices fall.”

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