Passengers on major routes between Vancouver Island and the Mainland will pay less now that BC Ferries is dropping its fuel surcharge.

BC Ferries ends fuel surcharge as oil falls

Extra 3.4 per cent charge eliminated as price of diesel falls, ferry corporation hedges its costs

BC Ferries is ending its 3.4 per cent fuel surcharge, effective Wednesday, in the wake of the plunge in the price of crude oil in recent months.

President and CEO Mike Corrigan cited the drop in the cost of diesel for the decision.

“With the current favourable market conditions, we have been hedging our

diesel fuel costs and are now in a position to eliminate the fuel surcharge,” Corrigan said. “We know that fare affordability is an issue for our customers.”

Fuel surcharges were originally added when oil prices spiked to record levels of around $150 in 2008 and have been on and off since then, depending on fuel prices.

Oil prices have fallen nearly 50 per cent from their 2014 high of $110 but diesel prices have not fallen to the same degree.

Just Posted

Victoria’s Belfry Theatre hosts its first ‘relaxed performance’ for a diverse audience

Performance of Every Brilliant Thing is first to pilot the option

Car crash at Quadra and Finalyson Streets affects Saturday traffic

VicPD and the Victoria Fire Department responded

We Are One! celebrates solidarity, inclusion with song and dance

Nov. 30 performance includes performers from across Greater Victoria

Greater Victoria students help bring small-scale urban farming to community

The high school students presented their work at City Hall on Nov. 13

VIDEO: North Island man trapped under ATV for days shows promise at Victoria hospital

Out of induced coma, 41-year-old is smiling, squeezing hands and enjoying sunshine

Greater Victoria 2019 holiday craft fair roundup

Get a jump on your holiday shopping

Port Alberni mom takes school district to court over Indigenous smudging, prayer in class

Candice Servatius, who is an evangelical Christian, is suing School District 70

Family of B.C. man killed in hit-and-run plead for tips, one year later

Cameron Kerr’s family says the driver and passengers tried to cover their tracks

Princeton couple pays for dream vacation with 840,000 grocery store points

It’s easy if you know what you are doing, they say

Chilliwack family’s dog missing after using online pet-sitting service

Frankie the pit bull bolted and hit by a car shortly after drop off through Rover.com

B.C. wildlife experts urge hunters to switch ammo to stop lead poisoning in birds

OWL, in Delta, is currently treating two eagles for lead poisoning

B.C. First Nations drop out of court challenge, sign deals with Trans Mountain

Upper Nicola Band says deal represents a ‘significant step forward’

Most Read