Metro Vancouver gas prices set to tumble this weekend

After some sticker shock around Metro Vancouver recently, motorists can look forward to some reprieve at the pumps heading into this weekend.

Just as prices “rose dramatically” late last week, the next few days will bring a drop of 7 cents/litre, according to Gasbuddy.com’s Dan McTeague.

“Motorists should expect a 2 cent/litre drop for Friday and a whopping 5 cent/litre fall Saturday,” McTeague told Daily Hive. “That puts top prices at $1.359/litre with some selling two cents cheaper.”

While he admitted it may be too early to tell, McTeague also speculated that motorists might see a further two cent fall on Sunday.

If this happens, it would put pump prices “back to levels seen 10 days ago, when average prices stood at 1.329/litre,” he said.

McTeague credited the dip in prices to the  restart of operations at the Phillips66 Ferndale plant, as well resumption of the BP Cherry Point refinery and its Olympic Pipeline, after undergoing routine maintenance.