Gas prices continue to plummet across the country in the wake of the COVID-19 pandemic. However, analysts caution that they might rise in the next couple of days.
While B.C. gas prices haven't dropped past 69 cents per litre litre this week, a couple of Vancouver stations have dropped significantly. Earlier this week, the cheapest stations were showing prices just under a dollar a litre.
As of 10:30 a.m. on April 3, one station in Vancouver is offering gas for under 90 cents a litre: the Husky at 1955 Powell Street near Wall Street, which is offering gas for 89.9 cents per litre.
After that, the shell at 1295 East 12th Avenue and Clark Drive is offering gas for 92.9 cents per litre. Following that, the Petro Canada at 1289 East Broadway and Clark Drive is offering gas for 93.9 cents per litre.
These three stations are significantly cheaper than other stations, which are offering gas starting at 97.9 cents per litre.
On Wednesday, March 11., a few gas stations in Vancouver were showing prices as low as 125.9 cents per litre. However, prices continued to fall, and, as of 4:20 p.m. later that day, one gas station was showing 119.9 cents per litre - the Super Save at 1317 E 12th Ave and Clark Drive. As of 1 p.m. on Saturday, March 15, however, gas prices in Vancouver had fallen as low as 115.9 cents per litre.
By March 19, gas prices had fallen a whopping 15 cents down to 99.9 cents per litre at the Chevron at 2918 Kingsway and Killarney Street. As of Friday, March 20 at 10:15 a.m., four gas stations were offering the 99.9 cents per litre deal in Vancouver.
Gasbuddy.com shares the top ten lowest gas prices in British Columbia right now.
The travel navigation app allows users to locate the cheapest gas anywhere in North America.
On March 10, Dan McTeague, President, Canadians for Affordable Energy, formerly of GasBuddy.com, predicted that gas prices would drop a whopping eight to 10 cents in a single day on Wednesday, Mar. 10.
Gas prices are also falling across the rest of Canada, with many stations selling well below 75 cents per litre. With this in mind, McTeague expects gas prices to rise 5 cents per litre to 77.9 cents per litre in the Greater Toronto Area this weekend.