Gas prices in B.C. drop after weeks-long spike, but experts warn of future increases - News Summed Up

Gas prices in B.C. drop after weeks-long spike, but experts warn of future increases


can expect a significant decline in gas prices over the next few days, giving residents a reprieve from historic highs over the last several weeks. "We will see more price volatility in the future because of these situations that can happen again, and they probably will happen again," he said. He added the international oil markets also pose a threat to future gas prices. is not considering a cap on gas prices. NDP has maintained that stance since 2019 after a government report concluded regulating gas prices provides "some price stability" but does not lead to "lower prices for consumers" overall


Source: CBC News October 13, 2022 22:51 UTC



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