VANCOUVER, British Columbia, Oct. 04, 2024 (GLOBE NEWSWIRE) -- British Columbia drivers can expect to see lower gas prices thanks to the recently completed Trans Mountain Pipeline expansion (TMX), according to economist Dr. G. Kent Fellows, who spoke at an event hosted by Resource Works and the Business Council of British Columbia (BCBC) this week.
Dr. Fellows is an Assistant Professor of Economics at the University of Calgary and a Fellow-In-Residence with the C.D. Howe Institute. He presented research demonstrating how the pipeline expansion is already helping to reduce fuel costs for BC consumers - and how delays in construction contributed to poorer energy affordability than would have otherwise been possible.