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BCUC launches website to track gas and diesel prices

Last Updated Apr 7, 2020 at 4:54 pm PDT

FILE - Gas prices are displayed as a motorist prepares to pump gas at a station in North Vancouver on May 10, 2011. THE CANADIAN PRESS/Jonathan Hayward

The B.C. Utilities Commission has launched a website to better track fuel and diesel rates

GasPricesBC.ca provides data to show how gas and oil companies set prices, bring more transparency

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.

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