Gasoline is available today in Bellingham at US$3.05 a gallon. That is equivalent to C$1.04 a litre.
Sunday, gas reached C$1.60 in Vancouver, or $1.52 before GST.
BC gas taxes are 33¢ a litre in the lower mainland. In Bellingham, they are 18¢ a litre, which is 23¢ Canadian.
So, removing the impact of gas tax and GST, our American neighbours pay as much as 38¢ a litre less. That amounts to $23 for a 60-litre fill-up.
Based on average consumption, we suffer about $1,000 a year in excess charges for each vehicle. At the gas pumps, BC’s contribution to a more profitable oil industry exceeds $3 billion annually. It appears that collusion and lack of competition are main factors.
The Canadian government has a Competition Bureau, but it pays little attention to British Columbia. If you wish to complain, this is their contact page. They publish no email address and might prefer you communicate with them by carrier pigeon.
Categories: oil and gas