On 24 March, 2020 Revelstoke has one of the highest gas prices in the province. (Liam Harrap/Revelstoke Review)

B.C. expands gas price tracking to four communities this summer

Complaints of unfair pricing spurred the investigation

The B.C. Utilities Commission will be keeping a close eye on gas prices in four cities this summer.

The Fuel Transparency Act allows the commission to legally require companies to share specific retail pricing data, which the commission will then share on gaspricesbc.ca.

“Businesses have an obligation to be fair and not take undue advantage,” Energy Minister Bruce Ralston said.

The commission will collect data from June 1 to Sept. 30 from gas stations in Revelstoke, Powell River, Port Alberni and Squamish.

These municipalities were chosen based on the amount of public feedback that was received from those communities. The commission will also collect data from Langley and Nanaimo for comparison.

In March 2020, Revelstoke had one of the highest gas prices in the province at $1.17 per litre. According to GasBuddy, the average price for gas in the province at the time was $1.05 per litre.

READ MORE: Gas prices in Revelstoke one of highest in province

The collection and publication of the data is an effort to promote competitiveness and public confidence in the fuel market, however, the commission does not regulate fuel prices.

Ralston said he does not want to speculate on the outcomes of the investigation, but the act allows for some steps to be taken to ensure accountability and fairness.

MLA for Columbia River-Revelstoke, Doug Clovechok, sent a letter in April demanding answers to the stark differences in gas prices within the constituency.

“Over the past month, Columbia River-Revelstoke, along with many regions across British Columbia, have seen a decrease in gasoline prices as a result of the low demand for oil around the globe,” Clovechok wrote. “On average, prices have fallen roughly 15 cents per litre. However, our region of the province has seen unusual fluctuations in gas prices that have my constituents rightly concerned.”

READ MORE:MLA Clovechok urging government to explain Revelstoke’s high gas prices

Today (June 15), the day the investigation was announced, Clovechok said he is pleased that the minister took action.

“Whether you live in Revelstoke, Golden, the Columbia Valley, or Kimberley, the people of my riding not only deserve answers, but deserve prices that reflect those found in other areas of the province,” he said. “I look forward to the [commission]’s report.”

The Fuel Transparency Act became law in November 2019, following an investigation by the commission that found a lack of competition and substantial markups on gas in the province, including a 10-13 cents per litre premium being charged that the industry was unable to explain.


 

@JDoll_Revy
jocelyn.doll@revelstokereview.com

Like us on Facebook and follow us on Twitter.

Gas prices

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Missing Richmond man last seen in Chilliwack

Shawn Johnson last seen on June 30 on Main Street

Double homicide investigation leads Vancouver police to Eagle Landing

A VPD forensics unit was in Chilliwack Saturday collecting evidence connected to East Van murders

Abbotsford man wins $1 million in Lotto 6/49 draw

Kenneth Giffen wins prize after deciding to stop in Agassiz gas station after fishing trip

Overnight paving work near Abbotsford could snarl highway traffic

Fraser Valley motorists told to expect detours as the paving work continues until July 14 at 5 a.m.

Provincial COVID-19 data can now be used for B.C. to prepare for a second wave

In the past week, B.C. has seen a slight spike in daily test-positive case counts

Wage subsidy will be extended until December amid post-COVID reopening: Trudeau

Trudeau said the extension will ‘give greater certainty and support to businesses’

COVID-19 exposure on Vancouver flight

The Air Canada 8421 flight travelled from Kelowna to Vancouver on July 6

Double homicide investigation leads Vancouver police to Chilliwack

A VPD forensics unit was in Chilliwack Saturday collecting evidence connected to East Van murders

VIDEO: Former Abbotsford resident giving away $1,000

Langley native Alex Johnson creates elaborate treasure hunt to give away cash

Tree planters get help with COVID-19 protective measures

Ottawa funds extra transportation, sanitizing for crews

UPDATE: Abbotsford shooting victim was alleged ‘crime boss,’ according to court documents

Jazzy Sran, 43, was believed to have been smuggling cocaine across the border

Trudeau apologizes for not recusing himself from WE decision

He says his and his family’s longtime involvement with the WE organization should have kept him out of the discussions

Beverly Hills 90210 star’s family selling Vancouver Island Beach Resort

You can own Jason Priestley’s Terrace Beach Resort in Ucluelet for less than $5 million

Most Read