Gasoline prices are beginning to fall right across the country and according to our latest check of the GasBuddy.com monitor, they’re were down in seven of the ten provinces — including this one — and holding steady in the other three in the Maritimes.
However, even though it had dropped about five and a half cents in a week, the BC provincial average was still the highest one in the country at a $114.8 a litre, while Alberta—also down about 5 and half cents a litre-was back in its traditional position with the low end average at 94.6 cents a litre.
For an explanation, we again went to GasBuddy Senior Analyst, Dan McTeague, who said prices just aren’t going down, they’re collapsing, and once again there’s a supply and demand reason for it.
However, he says we’re now dealing with the flip side of what we’ve seen in the past few months, and motorists are finally in line to be the beneficiaries.
There’s already evidence of this in Fort St. John, as a monitor early this morning of seven local filling stations revealed four different posted prices ranging from what has been the common one at a 123.9 at litre, down to a $119.9 — and in Dawson Creek the GasBuddy monitor had them as low, as a $110.9.
Gas Buddy was also showing some BC prices below a dollar a litre with the Costco in Kamloops at the low end of that survey at 93.9, and across the border in Alberta, they were all the way down to 87.9 cents at the Costco in Grande Prairie, and 82.6 in the Edmonton area.