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

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