Prices at the pump dipped under $1.60 a litre for the first time in over a month in Metro Vancouver this weekend.
As of Sunday, GasBuddy reported an average price of $157.3 a litre, down 4.3 cents from last week’s average of $161.6.
Metro Vancouver has been rocked by record-high gas prices this year, with some gas stations reaching over $1.70 a litre, leaving the region with the dubious honour of having the highest prices in North America.
⚠️⛽️ Alert: after tomorrow’s 6 cent a litre drop to 159.9 cents a litre #Vancouver and the Lower Mainland will see ⛽️ prices FALL 3 cents on Sunday with highest prices at 156.9 and some offering for as little as 143.9 in MetroVan. THIS IS DUE TO FEARS OF A U.S-CHINA TRADE WAR
— Dan McTeague (@GasBuddyDan) May 31, 2019
Amid the surge in gas prices, Premier John Horgan called on the B.C. Utilities Commission to investigate the issue, including why wholesale, pre-tax prices are 24 cents higher in Vancouver than in Edmonton.
Historically, Horgan said in a May 7 letter to the commission, wholesale prices have been 2.5 to four cents more expensive in Vancouver.
The probe will include “compelling oil companies as witnesses to explain their prices to the commission,” the province said in a May news release.