FAQ

Answers to your most frequently asked questions

You have questions and we have answers on topics such as the Fuel Price Transparency Act, what data will be collected from companies, our findings in the gasoline and diesel prices inquiry and much more. The website will be continually updated based on what you, as British Columbians, want to know. To send us your feedback or questions, please email us at info@gaspricesbc.ca.

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Gasoline & Diesel Inquiry

Gasoline & Diesel Inquiry

FPT Act

FPT Act

BCUC's Role

BCUC's Role

Gas Prices BC Website

Gas Prices BC Website

Public / Stakeholder Role

Public / Stakeholder Role

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Gasoline & Diesel Inquiry

  • The BCUC conducted an independent, transparent and public process for the Gasoline and Diesel Prices Inquiry. Some of the items the BCUC explored are:
    • the differences, in refining and retail margins compared to other jurisdictions in Canada;
    • factors that contribute to both retail and wholesale price fluctuations such as access of refineries in BC to crude oil, the amount of fuel in storage, refinery usage and pipeline capacity, market size and demand, distribution methods and seasonal variations;
    • how competition impacts pricing;
    • what other jurisdictions are doing to enhance fuel price transparency; and
    • mechanisms the province could use to moderate gasoline and diesel price fluctuations and increases.
  • A video summarizing the key findings from the BCUC's Inquiry is available here.
  • Following the comprehensive inquiry process, some of the BCUC's key findings were:
    • there is a significant unexplained difference of at least 13 cents per litre in wholesale gasoline prices between Southern BC and the Seattle spot price, its Pacific Northwest cost comparator;
    • the wholesale market for gasoline in BC is not truly competitive with high market concentration levels, high barriers to entry, and its ability to influence prices. Retail market prices also have the potential to be controlled by five refiner-marketers;
    • there is no evidence to suggest that there is collusion among the retail operators nor is there evidence of cartel behaviour; and
    • regulation could potentially reduce the wholesale and/or retail margins but may have the potential for unintended consequences. However, further investigation is required if such an approach is to be considered.
    • A video summarizing the key findings from the BCUC's Inquiry is available on the Before the Act page.
  • The BCUC submitted its Inquiry Report and Supplementary Report to the BC government. Collectively, the reports provided insights into how the BC gasoline and diesel industry could improve its transparency by providing a common set of facts to the public regarding price setting mechanisms and how they impact prices consumers pay at the pumps.
  • In response to the BCUC's reports, the BC government created the Fuel Price Transparency Act and designated the BCUC as the Administrator.
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FPT Act

  • Bill 42 – The Fuel Price Transparency Act (FPT Act) was introduced in the BC Legislature on Nov. 18, 2019. The FTP Act requires companies in BC to report information and data on their activities in the gasoline and diesel fuel market in the province. Bill 42 received Royal Assent and became law on Nov. 27, 2019.
  • Companies involved in the wholesale fuel industry are required to submit fuel data reports to the BCUC, as outlined in the FPT Regulations.
  • Fuel retail dealers involved in the Retail Pilot are required to submit fuel data to the BCUC in accordance with Special Direction to Section 4 of the FPT Act.
  • Through Order in Council No. 474, the BC government established FPT Regulations, which are mandatory reporting requirements for the wholesale market, in accordance with the FPT Act.
  • According to the FPT Regulations, companies that import, wholesale, store and distribute gasoline and diesel products that are sold to retail stations are required to submit regular reports that include data on fuel imports, storage capacity, bulk sales, and wholesale prices, to the BCUC starting in November 2020.
  • The BC government also issued a Special Direction , under section 4 of the FPT Act, directing BC retail dealers of reportable fuels to submit data to the BCUC as part of a retail data collection pilot (Retail Pilot).
  • At the end of the Retail Pilot, the BCUC issued a Final Report summarizing the results of the pilot and providing recommendations to the BC government. The BC government may use the Final Report to develop regulations for fuel retailers.
  • The BCUC will publish fuel pricing data if it is satisfied that protected information will not be disclosed, or that the public interest outweighs any potential harm of releasing the protected data (as per Section 9(2) of the FPT Act).
  • Protected information means information that reveals trade secrets, or commercial, financial, labour relations, scientific or technical information (as per Section 9(2) of the FPT Act).
  • The BCUC will take into regard the competitiveness of the market for reportable fuels and public confidence in the competitiveness of that market.
  • Part 4, Division 2, Section 12 of the FPT Act lays out the Administrative Penalties that can be applied by the Administrator of the FPT Act, if the FPT Act is not adhered to.
  • Confidential information will be treated in accordance with the BCUC's Rules of Practice and Procedure (Rules) and as outlined by the FPT Act.
  • The BCUC conducted a public proceeding to establish a Confidentiality Framework to determine the treatment and confidentiality of fuel data that is submitted to the BCUC. The framework outlines the types of fuel data that will be confidential and the process the BCUC can use to aggregate or anonymize fuel data so it can be shared publicly.
  • In determining whether protected information may be published, the Administrator will take into account the considerations outlined in Section 9(2) of the FPT Act and Rule 20 of the Rules.
  • According to the FPT Regulations, entities in the wholesale market are required to submit some data on a monthly basis to the BCUC, starting in November 2020; Companies are also required to submit information on storage tanks on an annual basis.
  • Retail dealers selected for the Retail Pilot were required to submit monthly reports to the BCUC, in accordance with the BC government’s Special Direction.
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BCUC's Role

  • Under the Utilities Commission Act, (UCA) the BCUC is an independent agency of the BC government that regulates:
    • BC's energy utilities, including BC Hydro and FortisBC;
    • the Insurance Corporation of BC's Basic auto insurance;
    • intra-provincial pipelines;
    • the reliability of the electrical transmission grid.
  • We balance the interests of customers with the interests of the business we regulate under the UCA. The BCUC carries out fair and transparent reviews of matters within its jurisdiction and considers public input where public interest is impacted.
  • The BCUC is governed by the UCA and has specific responsibilities under the Administrative Tribunals Act and the Freedom of Information and Protection of Privacy Act. We consider all relevant legislation and regulations, as well as government policies and the business environment of regulated companies.
  • The BCUC is the Administrator of the Fuel Price Transparency Act (FPT Act). The Administrator will:
    • Promote the competitiveness of the market for reportable fuels;
    • Promote public confidence in the competitiveness of that market;
    • Administer provisions of the FPT Act in accordance with any general or special directions of the minister;
    • Report to the minister as required; and
    • Publish the data received from companies on the market conditions involved with setting fuel prices in BC.
  • The BCUC does not regulate fuel prices in BC. As the Administrator of the FPT Act, the BCUC collects and publishes data on the market conditions that are involved with setting fuel prices in BC, as set out in the FPT Act.
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Gas Prices BC Website

  • Price data presented in our dashboards is sourced from Kalibrate Canada Inc. ((Kalibrate), formerly The Kent Group Ltd.) and Oil Price Information Services (OPIS). Kalibrate collects its data at a set time each day, it does not take into account price fluctuations that may occur throughout the day. Data collected from Kalibrate is publicly available on their website. OPIS collects data multiple times throughout the course of each day.
  • The BCUC's Gasoline and Diesel Prices Inquiry Report identified that the practice of canvassing the retail fuel prices at a specific time each morning may not reflect the price most fuel volume is being sold each day. We are exploring other potential data sources, such as using price data that has been collected multiple times a day.
  • The general information concerning the fuel market was gathered from the BCUC's Gasoline and Diesel Prices Inquiry Report.
  • Eventually, data posted on the website will also include data that the BCUC collects from companies, pursuant to the FPT Act.
  • Price data sourced from Kalibrate Canada Inc. is publicly available information. Based on the information we received through the BCUC Gasoline and Diesel Prices Inquiry, the data collected from Kalibrate is the most readily available public data to approximate fuel pricing.
  • As our role of Administrator is developed through regulation, and as the GasPricesBC.ca matures we welcome and encourage industry participants to assist in compiling and disclosing enhanced data that is more representative of fuel prices in BC.
  • Price data presented in our dashboards is sourced from Kalibrate Canada Inc. ((Kalibrate), formerly The Kent Group Ltd.) and Oil Price Information Services (OPIS). Kalibrate collects its data at a set time each day, it does not take into account price fluctuations that may occur throughout the day. Data collected from Kalibrate is publicly available on their website. OPIS collects data multiple times throughout the course of each day.
  • Fuel has seasonal regulations that can impact the price of fuel. For example, summer gas contains different oxygenates which adds to its cost. However, these Government of Canada regulations have not changed since 2015 and are applicable across Canada.
  • Dashboards on the Price Factors and Special Projects pages use publicly available data, and do not include a detailed cost breakdown of the retail margin for cities across BC, as that information has not been publicly disclosed.
  • The BCUC is not aware of any publicly available data sources that would include profit information for individual retail fuel stations.
  • Fuel – Diesel and all grades of gasoline for road use.
  • Crude Oil – the main input in gasoline, crude oil is naturally occurring, unrefined petroleum and a type of fossil fuel.
  • Wholesale Price – the price gas station owners or retailers pay for gasoline. This price references a rack price that is set by the wholesaler plus or minus a market factor.
  • Retail Price – the price customers pay for gasoline at gas stations.
  • Rack price – the price at which wholesalers sell gasoline to their various customers, including distributors and retailers. The posted price at terminals where refiners deliver refined petroleum product to retailers. Rack prices are generally based on prices set at the refinery gate or loading rack which are commonly referred to as “rack prices”. Each company sets its own rack price.
  • Retail Margin – the BC government has defined retail margin as, “the difference between the amount a retailer pays for gas and diesel and the amount the retailer charges its customers for gas and diesel, excluding taxes” (OIC 254/2019).
  • Refining Margin – the BC government has defined refining margin as, “the difference between the amount a refiner pays for crude oil and other components and the amount the refiner charges its wholesale customers for gas and diesel” (OIC 254/2019).
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Public/Stakeholder Role

  • The GasPricesBC.ca website does not have a signup feature for updates; however, the information will be updated regularly as data becomes available.
  • If you would like to have a subscription option added to this page, please let us know by emailing us at info@gaspricesbc.ca or by contacting the BCUC via phone or mail.
  • To stay up to date with other BCUC activities, such as a specific proceeding, visit the Get Involved page on the BCUC's website to sign up as an interested party and receive email notifications on all non-confidential evidence presented in a proceeding
  • Yes. The BCUC wants to hear from you. If you have a question about how gas prices are set in BC, the factors that influence gas prices, or information you found on the GasPricesBC.ca website, please let us know by emailing us at info@gaspricesbc.ca or by contacting the BCUC via phone or mail
  • If the FAQ page has not answered your question, please let us know by emailing info@gaspricesbc.ca or by contacting the BCUC via phone or mail
  • The BCUC will reply to your question either directly via the contact information you provided, or by adding your question to the FAQ page.