UPDATE: Gas price war fizzling out?

One station is offering gas for 119.9, the lowest in the Lower Mainland.

The station that sparked Langley’s gas price war has raised its rates again, but the cheapest gas in the region was still to befound locally, as of Thursday morning.

Super Save Gas, at 56th Avenue and the Langley Bypass, had cars lined up around the corner and backing up onto the BypassWednesday buy gas at $1.19 a litre.

Several other gas stations within a kilometre lowered their prices as well, with some stations on the Bypass and FraserHighway selling gas for about $1.24 or $1.23 per litre.

Meanwhile, the average price in the rest of Metro Vancouver remained between $1.44 and $1.49 a litre. Even in Abbotsford,where taxes on gas are lower, prices are hovering at around $1.35 to $1.37 per litre.

By Thursday morning, however, the gas price at the Super Save on the Langley Bypass was back up to $1.46.

Several nearby gas stations were still selling fuel for between $1.24 and $1.29 a litre, according to the websiteGasbuddy.com.

Super Save Gas did not immediately respond to questions about why they priced their gas lower at their outlet on 56thAvenue.

The last major gas price war in the Lower Mainland was in 2001, when gas was as low as 60 cents a litre for a time.

Another gas price war in 1998 was indirectly linked to Super Save Gas – Super Save sold more than 50 gas stations in theLower Mainland and Vancouver Island to U.S. gas retailer Arco, which slashed prices for months. Gas was selling for as low as35.9 cents into early 1999.

By mid-2001, Arco was already pulling out of local gas station ownership, selling stations and allowing leases to expire.

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