{"id":94220,"date":"2024-10-31T10:12:00","date_gmt":"2024-10-31T10:12:00","guid":{"rendered":"https:\/\/resourcework2.devstudio.work\/?p=94220"},"modified":"2025-03-30T01:20:32","modified_gmt":"2025-03-30T01:20:32","slug":"tmx-lower-prices","status":"publish","type":"post","link":"https:\/\/resourcework2.devstudio.work\/?p=94220","title":{"rendered":"Paying less at the pump than last year? Thank TMX"},"content":{"rendered":"\n

Just months after the Trans Mountain Expansion (TMX) project was completed last year, Canadians, especially British Columbians, are experiencing the benefits promised by this once-maligned but invaluable piece of infrastructure. As prices fall<\/a> when people gas up their cars, the effects are evident for all to see.<\/p>\n\n\n\n

This drop in gasoline prices is a welcome new reality for consumers across B.C. and a long-overdue relief given the painful inflation of the past few years.<\/p>\n\n\n\n

TMX has helped broaden Canadian oil\u2019s access to world markets like never before, improve supply chains, and boost regional fuel supplies\u2014all of which are helping keep money in the pockets of the middle class.<\/p>\n\n\n\n

When TMX was approaching the finish line after the new year, it was praised for promising to ease long-standing capacity issues and help eliminate less efficient, pricier methods of shipping oil. By mid-May, TMX was completed and in full swing, with early data suggesting that gas prices in Vancouver were slackening compared to other cities in Canada.<\/p>\n\n\n\n

Kent Fellows, an assistant professor of Economics and the Director of Graduate Programs for the School of Public Policy at the University of Calgary, noted that wholesale prices in Vancouver fell<\/a> by roughly 28 cents per litre compared<\/a> to the typically lower prices in Edmonton, thanks to the expanded capacity of TMX. Consequently, the actual price at the gas pump in the Lower Mainland fell too, providing relief to a part of Canada that traditionally suffers from high fuel costs.<\/p>\n\n\n\n

In large part due to limited pipeline capacity, Vancouver\u2019s gas prices have been higher<\/a> than the rest of the country. From at least 2008 to this year, TMX\u2019s capacity was unable to accommodate demand, leading to the generational issue of \u201capportionment,\u201d which meant rationing pipeline space to manage excess demand.<\/p>\n\n\n\n

Under the apportionment regime, customers received less fuel than they requested, which increased costs. With the expansion of TMX now complete, the pipeline\u2019s capacity has more than doubled from 350,000 barrels per day to 890,000, effectively neutralizing the apportionment problem for now.<\/p>\n\n\n\n

Since May, TMX has operated at 80 percent capacity<\/a>, with no apportionment affecting customers or consumers.<\/p>\n\n\n\n

Before the TMX expansion was completed, a litre of gas in Vancouver cost<\/a> 45 cents more than a litre in Edmonton. By August, it was just 17 cents\u2014a remarkable drop that underscores why it\u2019s crucial to expand B.C.\u2019s capacity to move energy sources like oil without the need for costly alternatives, allowing consumers to enjoy savings at the pump.<\/p>\n\n\n\n

More than doubling TMX\u2019s capacity has rapidly reshaped B.C.\u2019s energy landscape. Despite tensions in the Middle East, per-litre gas prices in Vancouver have fallen<\/a> from about<\/a> $2.30 per litre to $1.54 this month. Even when there was a slight disruption in October, the price only rose to about $1.80, far below its earlier peaks.<\/p>\n\n\n\n

As Kent Fellows noted, the only real change during this entire timeline has been the completion of the TMX expansion, and the benefits extend far beyond the province\u2019s shores.<\/p>\n\n\n\n

With TMX moving over 500,000 barrels more per day than it did previously, Canadian oil is now far more plentiful on the international market. Tankers routinely depart Burrard Inlet loaded with oil bound for destinations in South Korea and Japan.<\/p>\n\n\n\n

In this uncertain world, where oil markets remain volatile, TMX serves as a stabilizing force for both Canada and the world. People in B.C. can rest easier with TMX acting as a barrier against sharp shifts in supply and demand.<\/p>\n\n\n\n

For critics who argue that the $31 billion invested in the project is short-sighted, the benefits for everyday people are becoming increasingly evident in a province where families have endured high gas prices for years.<\/p>\n","protected":false},"excerpt":{"rendered":"

By more than doubling capacity and cutting down the costs, the benefits of the TMX expansion are keeping more money in consumer pockets.<\/p>\n","protected":false},"author":3,"featured_media":94224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[50,35,40,39],"class_list":["post-94220","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oil-gas","tag-british-columbia","tag-oil-and-gas","tag-tmx","tag-trans-mountain"],"acf":[],"yoast_head":"\nPaying less at the pump than last year? Thank TMX -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/resourcework2.devstudio.work\/?p=94220\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Paying less at the pump than last year? Thank TMX -\" \/>\n<meta property=\"og:description\" content=\"By more than doubling capacity and cutting down the costs, the benefits of the TMX expansion are keeping more money in consumer pockets.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/resourcework2.devstudio.work\/?p=94220\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/resourceworks\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-31T10:12:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-30T01:20:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/resourcework2.devstudio.work\/wp-content\/uploads\/2025\/03\/post-image-31.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"594\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Resource Works\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Resource_Works\" \/>\n<meta name=\"twitter:site\" content=\"@Resource_Works\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Resource Works\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/?p=94220#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/?p=94220\"},\"author\":{\"name\":\"Resource Works\",\"@id\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/#\\\/schema\\\/person\\\/07ac06083ff4580ca268efc27d21d0ab\"},\"headline\":\"Paying less at the pump than last year? Thank TMX\",\"datePublished\":\"2024-10-31T10:12:00+00:00\",\"dateModified\":\"2025-03-30T01:20:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/?p=94220\"},\"wordCount\":638,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/?p=94220#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/wp-content\\\/uploads\\\/2025\\\/03\\\/post-image-31.jpg\",\"keywords\":[\"British Columbia\",\"oil and gas\",\"TMX\",\"Trans Mountain\"],\"articleSection\":[\"Oil & Gas\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/resourcework2.devstudio.work\\\/?p=94220#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/?p=94220\",\"url\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/?p=94220\",\"name\":\"Paying less at the pump than last year? Thank TMX -\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/?p=94220#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/?p=94220#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/wp-content\\\/uploads\\\/2025\\\/03\\\/post-image-31.jpg\",\"datePublished\":\"2024-10-31T10:12:00+00:00\",\"dateModified\":\"2025-03-30T01:20:32+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/?p=94220#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/resourcework2.devstudio.work\\\/?p=94220\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/?p=94220#primaryimage\",\"url\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/wp-content\\\/uploads\\\/2025\\\/03\\\/post-image-31.jpg\",\"contentUrl\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/wp-content\\\/uploads\\\/2025\\\/03\\\/post-image-31.jpg\",\"width\":1024,\"height\":594},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/?p=94220#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Paying less at the pump than last year? Thank TMX\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/#website\",\"url\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/\",\"name\":\"Resource Works\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/#organization\",\"name\":\"Resource Works Society\",\"url\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/wp-content\\\/uploads\\\/2025\\\/10\\\/RW-logo-02.png\",\"contentUrl\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/wp-content\\\/uploads\\\/2025\\\/10\\\/RW-logo-02.png\",\"width\":227,\"height\":87,\"caption\":\"Resource Works Society\"},\"image\":{\"@id\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/resourceworks\",\"https:\\\/\\\/x.com\\\/Resource_Works\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/resource-works\",\"https:\\\/\\\/www.instagram.com\\\/resource_works\\\/?hl=en\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCP4SxvFtt825df7iCIgN_IA\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/#\\\/schema\\\/person\\\/07ac06083ff4580ca268efc27d21d0ab\",\"name\":\"Resource Works\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9520637c4c81c1520755d53523d3b175ed91f00f5ba8436ecdcd0617d8e25bec?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9520637c4c81c1520755d53523d3b175ed91f00f5ba8436ecdcd0617d8e25bec?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9520637c4c81c1520755d53523d3b175ed91f00f5ba8436ecdcd0617d8e25bec?s=96&d=mm&r=g\",\"caption\":\"Resource Works\"},\"url\":\"https:\\\/\\\/resourcework2.devstudio.work\\\/?author=3\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Paying less at the pump than last year? Thank TMX -","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/resourcework2.devstudio.work\/?p=94220","og_locale":"en_US","og_type":"article","og_title":"Paying less at the pump than last year? Thank TMX -","og_description":"By more than doubling capacity and cutting down the costs, the benefits of the TMX expansion are keeping more money in consumer pockets.","og_url":"https:\/\/resourcework2.devstudio.work\/?p=94220","article_publisher":"https:\/\/www.facebook.com\/resourceworks","article_published_time":"2024-10-31T10:12:00+00:00","article_modified_time":"2025-03-30T01:20:32+00:00","og_image":[{"width":1024,"height":594,"url":"https:\/\/resourcework2.devstudio.work\/wp-content\/uploads\/2025\/03\/post-image-31.jpg","type":"image\/jpeg"}],"author":"Resource Works","twitter_card":"summary_large_image","twitter_creator":"@Resource_Works","twitter_site":"@Resource_Works","twitter_misc":{"Written by":"Resource Works","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/resourcework2.devstudio.work\/?p=94220#article","isPartOf":{"@id":"https:\/\/resourcework2.devstudio.work\/?p=94220"},"author":{"name":"Resource Works","@id":"https:\/\/resourcework2.devstudio.work\/#\/schema\/person\/07ac06083ff4580ca268efc27d21d0ab"},"headline":"Paying less at the pump than last year? Thank TMX","datePublished":"2024-10-31T10:12:00+00:00","dateModified":"2025-03-30T01:20:32+00:00","mainEntityOfPage":{"@id":"https:\/\/resourcework2.devstudio.work\/?p=94220"},"wordCount":638,"commentCount":0,"publisher":{"@id":"https:\/\/resourcework2.devstudio.work\/#organization"},"image":{"@id":"https:\/\/resourcework2.devstudio.work\/?p=94220#primaryimage"},"thumbnailUrl":"https:\/\/resourcework2.devstudio.work\/wp-content\/uploads\/2025\/03\/post-image-31.jpg","keywords":["British Columbia","oil and gas","TMX","Trans Mountain"],"articleSection":["Oil & Gas"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/resourcework2.devstudio.work\/?p=94220#respond"]}]},{"@type":"WebPage","@id":"https:\/\/resourcework2.devstudio.work\/?p=94220","url":"https:\/\/resourcework2.devstudio.work\/?p=94220","name":"Paying less at the pump than last year? Thank TMX -","isPartOf":{"@id":"https:\/\/resourcework2.devstudio.work\/#website"},"primaryImageOfPage":{"@id":"https:\/\/resourcework2.devstudio.work\/?p=94220#primaryimage"},"image":{"@id":"https:\/\/resourcework2.devstudio.work\/?p=94220#primaryimage"},"thumbnailUrl":"https:\/\/resourcework2.devstudio.work\/wp-content\/uploads\/2025\/03\/post-image-31.jpg","datePublished":"2024-10-31T10:12:00+00:00","dateModified":"2025-03-30T01:20:32+00:00","breadcrumb":{"@id":"https:\/\/resourcework2.devstudio.work\/?p=94220#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/resourcework2.devstudio.work\/?p=94220"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/resourcework2.devstudio.work\/?p=94220#primaryimage","url":"https:\/\/resourcework2.devstudio.work\/wp-content\/uploads\/2025\/03\/post-image-31.jpg","contentUrl":"https:\/\/resourcework2.devstudio.work\/wp-content\/uploads\/2025\/03\/post-image-31.jpg","width":1024,"height":594},{"@type":"BreadcrumbList","@id":"https:\/\/resourcework2.devstudio.work\/?p=94220#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/resourcework2.devstudio.work\/"},{"@type":"ListItem","position":2,"name":"Paying less at the pump than last year? Thank TMX"}]},{"@type":"WebSite","@id":"https:\/\/resourcework2.devstudio.work\/#website","url":"https:\/\/resourcework2.devstudio.work\/","name":"Resource Works","description":"","publisher":{"@id":"https:\/\/resourcework2.devstudio.work\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/resourcework2.devstudio.work\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/resourcework2.devstudio.work\/#organization","name":"Resource Works Society","url":"https:\/\/resourcework2.devstudio.work\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/resourcework2.devstudio.work\/#\/schema\/logo\/image\/","url":"https:\/\/resourcework2.devstudio.work\/wp-content\/uploads\/2025\/10\/RW-logo-02.png","contentUrl":"https:\/\/resourcework2.devstudio.work\/wp-content\/uploads\/2025\/10\/RW-logo-02.png","width":227,"height":87,"caption":"Resource Works Society"},"image":{"@id":"https:\/\/resourcework2.devstudio.work\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/resourceworks","https:\/\/x.com\/Resource_Works","https:\/\/www.linkedin.com\/company\/resource-works","https:\/\/www.instagram.com\/resource_works\/?hl=en","https:\/\/www.youtube.com\/channel\/UCP4SxvFtt825df7iCIgN_IA"]},{"@type":"Person","@id":"https:\/\/resourcework2.devstudio.work\/#\/schema\/person\/07ac06083ff4580ca268efc27d21d0ab","name":"Resource Works","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/9520637c4c81c1520755d53523d3b175ed91f00f5ba8436ecdcd0617d8e25bec?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/9520637c4c81c1520755d53523d3b175ed91f00f5ba8436ecdcd0617d8e25bec?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9520637c4c81c1520755d53523d3b175ed91f00f5ba8436ecdcd0617d8e25bec?s=96&d=mm&r=g","caption":"Resource Works"},"url":"https:\/\/resourcework2.devstudio.work\/?author=3"}]}},"_links":{"self":[{"href":"https:\/\/resourcework2.devstudio.work\/index.php?rest_route=\/wp\/v2\/posts\/94220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/resourcework2.devstudio.work\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/resourcework2.devstudio.work\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/resourcework2.devstudio.work\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/resourcework2.devstudio.work\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=94220"}],"version-history":[{"count":0,"href":"https:\/\/resourcework2.devstudio.work\/index.php?rest_route=\/wp\/v2\/posts\/94220\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/resourcework2.devstudio.work\/index.php?rest_route=\/wp\/v2\/media\/94224"}],"wp:attachment":[{"href":"https:\/\/resourcework2.devstudio.work\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=94220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/resourcework2.devstudio.work\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=94220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/resourcework2.devstudio.work\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=94220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}