“It is, for me at least, the new normal now in Vancouver. There is, of course, a pattern that’s developing.”
That’s Dan McTeague of Gasbuddy.com, talking about the 6-cent-a-litre drop in gasoline prices in Metro Vancouver over the weekend.
He says gas stations are cutting in half their profit margins on the weekends, especially Sunday afternoons and evenings, in order to get more customers into their convenience stores, and to getter better volume discounts from their wholesalers.
“I would strongly recommend that motorists pay more attention to buying their gasoline on the weekends. Gas stations are willing to shed their retail margins, their operating costs, and that really is the best time to buy gasoline and perhaps that’s the new normal in Vancouver.”
Gasbuddy.com shows prices dipped over the weekend, from $1.299 to, as of Monday morning, as low as $1.239.
For those who opt to drive into the Fraser Valley for fuel, motorists could pay as little as $1.179 in Mission.
A month ago, the average price across Metro Vancouver was as high as $1.37.
Fueled up on the way home. New Westminster Esso station on 8th Ave is a decent price. pic.twitter.com/n8s3fYbC9f
— Jon Hall (@JHallCKNW980) May 8, 2017