Bruce Ralston, B.C. minister of jobs, trade and technology, speaks in the B.C. legislature. (Hansard TV)

Bruce Ralston, B.C. minister of jobs, trade and technology, speaks in the B.C. legislature. (Hansard TV)

B.C. pushes for greater industry ‘transparency’ in gasoline pricing

Legislation responds to fuel price gap of up to 13 cents

The B.C. government is moving ahead with legislation to require gasoline producers to disclose more information about their fuel pricing.

Jobs, Trade and Technology Minister Bruce Ralston introduced the “Fuel Price Transparency Act” after an independent investigation this summer could find no explanation for a price gap of between 10 and 13 cents per litre on gasoline sold in B.C.

Speaking to reporters Monday, Ralston stopped short of calling for government regulation of retail fuel pricing, saying he will wait for additional information once the new legislation is passed.

The B.C. Utilities Commission issued a follow-up report last week, after taking more submissions from gasoline processors that supply B.C. from refineries in Burnaby and Prince George, as well as major producers that refine gasoline and diesel in the U.S. and Alberta.

The BCUC was again unable to explain the price gap, under a mandate that prevented it from examining taxation or environmental regulations such as B.C.’s low-carbon fuel standard that mandates use of ethanol in gasoline.

Ralston wasted no time pointing fingers as he introduced the legislation Monday.

“The BCUC found that there are considerable markups on the price of gasoline, including a 10-to-13 cent per litre premium being charged to drivers that the industry refused to explain,” Ralston said.

“This premium results in British Columbians paying an extra $490 million each year. This legislation brings us greater transparency at the gas pumps and sends a message to the oil and gas companies: the days of setting your prices in secrecy are coming to an end.”

RELATED: B.C.’s costly gasoline partly due to low-carbon requirements

RELATED: B.C.’s 13-cent gasoline gap still a mystery, John Horgan says

BCUC chair David Morton said when the first report was issued in September that the small number of producers serving B.C. means the market is not as competitive as it could be. Morton added: “There is no evidence to suggest collusion among the retail operators exists, nor is there evidence of cartel behaviour.”


@tomfletcherbc
tfletcher@blackpress.ca

Like us on Facebook and follow us on Twitter.

BC legislature

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Mailboxes at 108 Mile Ranch were broken into on the weekend. (Kelly Sinoski photo- 100 Mile Free Press).
Police report: Mailboxes broken into at several locations across region

100 Mile RCMP respond to 77 calls for service from Jan. 13-19

Chief Leah Stump communicated the state of emergency news through a Facebook video. (Video Screenshot)
Nazko First Nation goes into COVID-19 lockdown

Chief Leah Stump said in a video they will be putting up checkpoints before entering the reserve

Canim Lake Band remains in lockdown. (Martina Dopf photo - 100 Mile Free Press).
Canim Lake Band loses Elder due to COVID-19

Community is devastated, Chief Helen Henderson says.

A vial of the Moderna COVID-19 vaccine is displayed on Jan. 5, in Salt Lake City, Utah. (Rick Bowmer/AP)
Power outage spoils COVID-19 vaccine at Tl’etinqox

Temperature-sensitive vaccine no longer viable after Jan. 18 event

Cariboo Chilcotin MLA Lorne Doerkson told city council Tuesday, Jan. 19, there have been no further cases of COVID-19 amongst the staff at Cariboo Memorial Hospital than the 10 nurses and two doctors who are off work.  (Monica Lamb-Yorski photo - Williams Lake Tribune)
Cariboo Chilcotin MLA expects health authority to declare COVID-19 cluster for region

Lorne Doerkson updates Williams Lake city council at committee of the whole meeting

A woman writes a message on a memorial mural wall by street artist James “Smokey Devil” Hardy during a memorial to remember victims of illicit drug overdose deaths on International Overdose Awareness Day, in the Downtown Eastside of Vancouver, on Monday, August 31, 2020. THE CANADIAN PRESS/Darryl Dyck
B.C. paramedics respond to record-breaking number of overdose calls in 2020

On the front lines, COVID-19 has not only led to more calls, but increased the complexity

Southern resident killer whales in B.C. waters. Research shows the population’s females are more negatively influenced by vessel traffic than males. (Photo supplied by Ocean Wise Conservation Association)
Female orcas less likely to feed in presence of vessel traffic: study

Research the southern resident population raises concerns over reproduction capacity

(Black Press Media files)
Transport Canada not budging on enclosed deck rules, despite calls from BC Ferries union

There have been at least 23 cases of the U.K. variant detected in Canada, four of which are in B.C.

The Elk Valley Hospital is adapting to meet the needs of patients in the Elk Valley.
One in five tests in Fernie area coming back positive: doctor

Dr Ron Clark of Elk Valley Hospital said one in five tests was returning positive for COVID-19

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Throughout December, RCMP conducted CounterAttack road checks as police worked to keep roads free of impaired drivers. (BLACK PRESS file photo)
From the “You can’t make this stuff up” file – stories from the BC CounterAttack campaign

Amusing, yes, but a reminder impaired driving affects ability to drive and to make good decisions

(Thesendboys/Instagram)
Video of man doing backflip off Vancouver bridge draws police condemnation

Group says in Instagram story that they ‘don’t do it for the clout’

Inspection of bridge crossing on a B.C. forest service road. (B.C. Forest Practices Board)
B.C. falling behind in maintenance of forest service roads

Auditor finds nearly half of bridges overdue for repair

(Black Press Media files)
Woman steals bottles of wine after brandishing stun baton in New Westminster

Police say the female suspect was wearing a beige trench coat with fur lining

Most Read