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Vancouver Gas Prices Will Drop By 6 Cents a Litre On Saturday

Vancouver gas prices

Finally some good news for drivers! Instead of going up even further, Vancouver gas prices will see a significant drop this weekend.

According to Gasbuddy.com analyst Dan McTeague, local gas stations will hit 159.9 cents a litre on Saturday. The region will see a one cent a litre drop on Friday and another six cent a litre drop on Saturday.

Vancouver Gas Prices

Back in April, the Canadian Taxpayers Federation started an online petition to scrap the BC Carbon Tax.

“The price of gasoline in B.C. is high because the B.C. government keeps increasing taxes on gasoline and diesel and fighting pipeline expansions” reads the petition.

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.

If you were to go on GasBuddy.com right now, a quick search would show that the cheapest gas price in Vancouver as of Thursday morning is 149.9.

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