VANCOUVER (NEWS 1130) — As gas prices across the province drop to under a dollar per litre, the British Columbia Utilities Commission has launched a website to better track gas and diesel rates.
.@BCUtilitiesCom launches https://t.co/C8fv2j786X to track fuel/diesel rates. It stems from legislation last year after review found #BC drivers pay more for gas than anywhere else in #Canada. It’s expected to help make oil and gas companies more transparent. #bcpoli @NEWS1130
— Marcella Bernardo (@Bernardo1130) April 7, 2020
GasPricesBC, is expected to help make oil and gas companies more transparent about how prices are set by using publically available data.
The site is part of legislation tabled after a review last year found drivers in B.C. pay more for gas than anywhere else in Canada.
RELATED: Legislation aims to bring transparency to oil and gas prices in B.C.
In November, the province said the Fuel Price Transparency Act will make companies publicly accountable for unexplained markups and cost increases, which it says cost British Columbians an extra $490 million each year.
With files from Kathryn Tindale and Monika Gul