FORT ST. JOHN, B.C. – The 2016 Summer Olympics may be over, but the summer games that Canadian gasoline and diesel fuel retailers play most certainly are not.
There has been more cross-country movement in retail gasoline prices in the past week, and at last check mid-day yesterday, the national average was up more than 3 cents to a 103.0 cents a litre, and the BC average up more than four, to 116.6.
However, Gas Buddy.com senior analyst Dan McTeague says the recent price shifts are nothing to get excited about, and he notes we’re now about two weeks away from what should be the annual, post Labor Day weekend, price drop…
Locally, although Dan still argues there’s no wholesale price justification for it, the common posted price remains at a 116.9 a litre, at least five cents higher than where he believes it should have been this summer.
It opened the week 7 cents a litre higher than the low end price in Dawson Creek, and 6 cents higher than that cities most common one.
It was also 18 cents higher than the low end price in the province, at 98.9 a litre at the Prince George Costco, and it was 28 and a half cents above the low end price in the Peace Region at 88.4 at the Grande Prairie Costco.
That was also 8 cents a litre less than the Alberta average which opened the week still the lowest in the country, but also now one of seven provincial averages below a dollar a litre, and within three and half cents of each other.
In the meantime, local harvest operations are now underway, albeit in the early stages, with a variety of diesel fuel prices being offered to farmers.
In fact, a twelve block check of three 100th street filling stations in Fort St. John yesterday morning proved very interesting, since it revealed three different diesel prices.
They ranged from as high as a 113.9 a litre, to as low as 104.9.