Gas prices on Vancouver Island drop below $1 per litre amid COVID-19 lockdown

Gas prices on Vancouver Island drop below $1 per litre amid COVID-19 lockdown
Nicholas Pescod/CHEK News
Gas has dropped to less than $1 per litre in parts of Nanaimo.

The price of gas has dropped to less than one dollar per litre on Vancouver Island.

According to the latest figures from, some gas stations in Nanaimo are showing prices between 97 and 99 cents a litre.

Super Save Gas on Bowen Road and Northfield Road is reporting 97.7 cents a litre for regular gasoline, the lowest of anywhere on Vancouver Island on Tuesday morning.

Two other stations, a Petro-Canada and a Canco on Terminal Avenue, are selling regular gas for 99.9 cents a litre.

Most other gas outlets around Nanaimo are showing prices of 112.9 cents a litre, which remains the average for the region, according to GasBuddy.

Gas prices around the Capital Region range between 112.9 and 117.9 cents a litre while in the Comox Valley and Campbell River areas gas is selling for around 110 cents a litre,  according to GasBuddy.

The decline in gas prices comes as the country continues to deal with the COVID-19 pandemic, which has seen businesses shut down and millions of people working from home.

Gasbuddy points to a decline in the decreasing worldwide need for oil as more countries lockdown, limiting the need for air, automotive, and marine travel.

The online organization suggests that low prices could last throughout 2020 and there is potential for Canadians to see some of the lowest prices in years.




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