Local motorists are finally seeing relief at the pump. As of Friday morning, Vancouver gas prices were as low as 139.9 cents a litre.
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On Tuesday, Gasbuddy.com analyst Dan McTeague tweeted that local gas stations would hit 147.9 cents a litre on Thursday. The region saw a three cent a litre drop on Wednesday and another six cent a litre drop on Thursday.
Vancouver Gas Prices
Back in May, gas prices in Vancouver reached a high of 171.9 cents a litre.
Furthermore, on April 1st, a price hike for the provincial carbon tax took effect. As a result, this adds a 1.14 cents a litre increase for British Columbians when they fill up their vehicles. What this means is that the carbon tax has increased from $35 per tonne of Co2 to $40 per tonne. In 2018, the first of four annual carbon tax increases took place.
Let’s hope these low prices stick around for a while!
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