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Mayor Elliott wants Province to act on high Squamish gas prices

Gagandeep Ghuman
January 18, 2022 9:46am

Squamish Mayor Karen Elliott has written to the Province asking for fairness in gas prices in the community.

In a letter she wrote to Bruce Ralston, Minister of Energy, Mines and Low Carbon Innovation, Elliott said she would like to know what steps the ministry will take after the British Columbia Utilities Commission data showed higher gas prices in Squamish.

“I would greatly appreciate if you can clarify next steps by your Ministry and the BCUC, given that the transparency in the data does not appear to have substantially mitigated the retailers’ pattern of extracting higher-than-average retail margins from Squamish consumers,” Elliott wrote. “With the cost of living increasing for citizens on a number of fronts, ensuring hard working families are at least paying a fair price is important.”

Elliott said the District appreciated the introduction of the Fuel Price Transparency Act and the commitment to continued monitoring of wholesale and retail prices and margins across the Province.

However, she noted that a recent sampling showed Squamish prices to be about 6 cents/litre lower than Vancouver’s (compared to a tax differential of 13 cents/litre lower), 8 cents/litre higher than the B.C. average, and 16 cents/litre higher than in Abbotsford, a similar community in terms of proximity to the Translink tax region

She also noted that the BCUC’s Fuel Market Report of March 2021 confirmed Squamish consumers’ experience when it noted: “Retail prices in regions adjacent to regions with higher fuel taxes (e.g., Vancouver) exhibit similar pump prices to those higher tax regions, despite lower tax rates (e.g., Squamish).”

The commission report in March 2021 noted that gas prices were highest in Squamish and Powell River in the three months sample data collected by the British Columbia Utilities Commission.

In June 2020, BCUC announced that it would investigate high gas prices in Squamish and other communities in the Province.

BCUC earlier conducted an inquiry into gasoline prices, which found a lack of competition and substantial markups in the gasoline market, including a 10% to 13% per-litre premium being charged to drivers that industry was unable to explain.

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Reader Interactions

Comments

  1. Alex says

    January 18, 2022 at 1:27 pm

    Here we go again. It’s just xxxxxxx in the wind .

  2. Bob Brant says

    January 19, 2022 at 6:39 pm

    It is my sense that Squamish has been victimized with higher gas prices than adjacent areas for over 2 decades. A year or so ago, Pemberton gas prices were up to 10 cents less than our. Consistently our gas prices have been on par or sometimes higher than Vancouver prices, despite the fact that the GVRD is subject to a 17 cent per litre surcharge.
    In June of 2020 Energy Minister was contacted about our higher gas prices. He indicated he would refer this issue the British Columbia Utilities Commission. That was over a year and a half ago and don’t think there’s ever has been a response. (It’s time for BC gas prices to be regulated like they are in the Maritimes.)
    Every Squamish resident must keep in mind that with these higher gas prices we are victimized by higher provincial taxes, higher federal taxes and exorbitant corporate gas profits. We have been ripped off. And we are putting up with it! We are due significant consideration for this disproportionate gas charging.
    Maybe we are being for too Canadian about this issue!

  3. D M says

    January 19, 2022 at 11:45 pm

    The unfair gas prices in Squamish have been present for a long time and now you are wanting to do something about it? Oh Karen LOL

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