The B.C. regulator charged with wanting into the province’s excessive gasoline costs is elevating questions in regards to the competitiveness of the gasoline market, after the trade’s rationalization for an unexplained distinction in worth with the Pacific Northwest (PNW) inconclusive.
The B.C. Utilities Fee (BCUC) made the feedback in a follow-up to its Aug. 30 report, which discovered southern British Columbians have been paying an estimated $490 million per yr in additional gasoline prices as a result of an unexplained 13 cent differential to the PNW spot worth.
The BCUC accepted supplementary proof from trade and the general public concerning that discovering, which was launched Tuesday together with the regulators’ responses.