Gas prices crater in Metro Vancouver, but analyst says it may not last – BC [Video]

Metro Vancouver drivers are being encouraged to fill up before the long weekend, as the region experiences a significant break in gas prices.

The price of gas went down 10 cents per litre over the weekend, and is down 25 cents in a month.

Patrick De Haan, head of petroleum analysis at Gas Buddy, said there are multiple factors at play, including the elimination of the carbon price, the falling price of crude oil amid the trade war, and a major refinery coming back online in California.

“Some of the prices that we’re seeing today are at multi-year lows, the lowest prices now since the pandemic,” he said.

“There are a lot of levers that can move the price of gasoline. Sometimes all those levers are pushing one way, and right now they’re all pushing down. Now those levers could ultimately shift.”

The current average price at the pump around …