At multiple times over the past several years, it appeared certain that gas was possibly headed towards costing over $2 per litre on Vancouver Island. It was even more of a certainty that the days of filling up at a price per litre of anything below a loonie was long gone.
That has officially changed.
Earlier last week, gas prices in several communities across Vancouver Island dropped below $1 per litre including Nanaimo and Ladysmith. Now the falling gas prices have reached the Capital Region.
According to Gasbuddy.com, the Costco gas station in Langford is showing a price of 99.9 cents per litre as of noon on Monday, March 30.
Costco has been one of the busier places since the COVID-19 pandemic caused mass closures across the Greater Victoria Area as people have continued to frequent the wholesale corporation in order to stock up on supplies. If you find yourself headed there in the near future to get toilet paper, hand sanitizer or groceries, you might want to add gas to that list.
Outside of the Costco location, here is a list of other stations around the CRD offering the cheapest gas, as reported by Gasbuddy.com
- Esso at Quadra St and McKenzie Ave (Saanich) – 104.9 cents per litre
- Esso at Shelbourne St near McKenzie Ave (Saanich) – 104.9 cents per litre
- Co-op at Gorge Rd and Hillside Ave (Victoria) – 104.9 cents per litre
- Shell at Yates St and Fort St (Victoria) – 107.9 cents per litre
- Petro-Canada at Douglas St and Hillside Ave (Victoria) – 107.9 cents per litre
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.com 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.
Graham Cox
