Metro Vancouver gas prices fall more than 40 cents from record-breaking May highs - Global News

A month after Metro Vancouver repeatedly shattered all-time high gas prices, motorists are seeing a significant drop in the price at the pump.Gas was selling for as low as $1.369 in Langley, $1.379 in Burnaby and $1.389 at one gas bar in Vancouver on Friday morning.For comparison, gas was selling for $0.979 in Calgary on Friday and $1.088 in Toronto, according to Gasbuddy.com.Gasbuddy’s senior petroleum analyst Dan McTeague said he believes this is the bottom of the dip in prices, but that they should hold into next week.READ MORE: Regulator given 3 months to probe causes of B.C.’s sky-high gas prices“We’re pretty smooth sailing here, at least for the next week or so, until markets wake up from their panic over fears on trade between the U.S. and China, the U.S. and Mexico and so on,” McTeague told Global News.WATCH: New details on investigation into gas prices


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June 07, 2019 at 10:21PM