Monthly average retail prices for gasoline and fuel oil for Canada, selected provincial cities, Whitehorse and Yellowknife. Prices are presented for the current month and previous four months. Includes fuel type and the price in cents per litre.
Between October 2020 and June 2024, the consumer price index for gasoline increased substantially in Canada. Indeed, the CPI was 149 at the beginning of the period, and 235.7 at the end. The consumer price index increased by more than 105 points between June 2021 and June 2022. When surveyed in March 2022, half of Canadians reported that inflation had a strong negative impact on their household in terms of gas.
Natural gas in the Alberta hub region in Canada stood at **** U.S. dollars per million British thermal unit in 2021, an increase of around ** percent when compared to the previous year. During the period in consideration, figures presented a trend of decline, despite some oscillation. Overall, Canadian natural gas prices decreased by **** U.S. dollars per million British thermal unit, peaking in 2008 at nearly ***** U.S. dollars per million British thermal unit.
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Gasoline Prices in Canada decreased to 1.03 USD/Liter in July from 1.09 USD/Liter in June of 2025. This dataset provides the latest reported value for - Canada Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
By June 2023, the Consumer Price Index of gasoline had reached 234.7 in Canada. This represented an increase of 41 points compared to June 2021. The province with the highest CPI for gasoline in June 2023 was British Columbia. The Consumer Price Index (CPI) is an instrument for measuring inflation. It estimates the average change in the prices of products consumed by households between two given periods and is based on the observation of a fixed basket of goods and services. In 2022, the average inflation rate in Canada was approximately 6.8 percent compared to the previous year.
The average retail price for regular, unleaded gasoline at self-service stations in Canada was ***** Canadian cents per liter in July 2025. This was a decrease compared to the previous month. Canada's gasoline prices are generally higher than those in the United States but lower than in many European countries. Why do gasoline prices fluctuate? Crude oil prices, along with changing levels of consumer demand, are the two main factors that directly affect retail prices of motor fuels. Prices can witness a rapid increase or decrease depending on impacts on crude oil supplies, refinery operations, or pipeline deliveries. Even if crude prices remain steady, seasonal changes in demand can still affect retail prices. As a large oil producer, Canada's motor fuel prices are closely linked to its benchmark Western Canadian Select crude oil price. Gasoline refining capacities As of January 2024, the global gasoline refining capacity amounted to *** million barrels per day. The United States and Canada were the region with the largest gasoline refining capacity at *** million barrels per day. Much of this refining capacity is located in the United States, specifically.
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Gasoline rose to 2.13 USD/Gal on August 20, 2025, up 1.56% from the previous day. Over the past month, Gasoline's price has fallen 0.15%, and is down 3.30% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline - values, historical data, forecasts and news - updated on August of 2025.
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Natural gas fell to 2.75 USD/MMBtu on August 20, 2025, down 0.65% from the previous day. Over the past month, Natural gas's price has fallen 17.35%, but it is still 26.23% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on August of 2025.
Monthly average retail prices for food, household supplies, personal care items, cigarettes and gasoline. Prices are presented for the current month and previous four months. Prices are in Canadian current dollars.
In 2021 in Edmonton, Alberta, the gasoline prices at self service gas stations were the lowest in Canada, at ***** Canadian cents per liter. In contrast, the most expensive place to buy gas was in Vancouver, British Columbia, at ***** Canadian cents per liter.
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These data files detail the differences in wholesale cost of gasoline and diesel between two major trading hubs: * Toronto and New York Harbor * Thunder Bay and Edmonton. Prices are listed in cents per litre.
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United States Natural Gas Exports: Avg Price: Pipeline: To Canada: From Massena, New York data was reported at 3.750 USD/1000 Cub ft in Jul 2021. This records an increase from the previous number of 3.180 USD/1000 Cub ft for Jun 2021. United States Natural Gas Exports: Avg Price: Pipeline: To Canada: From Massena, New York data is updated monthly, averaging 2.870 USD/1000 Cub ft from Mar 2012 (Median) to Jul 2021, with 6 observations. The data reached an all-time high of 3.750 USD/1000 Cub ft in Jul 2021 and a record low of 2.500 USD/1000 Cub ft in Mar 2021. United States Natural Gas Exports: Avg Price: Pipeline: To Canada: From Massena, New York data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P013: Natural Gas Export Price.
Monthly indexes and percentage changes for major components and special aggregates of the Consumer Price Index (CPI), not seasonally adjusted, for Canada, provinces, Whitehorse, Yellowknife and Iqaluit. Data are presented for the corresponding month of the previous year, the previous month and the current month. The base year for the index is 2002=100.
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Canada Fossil Fuel Support: USD: 2022 Price: Total: Natural Gas data was reported at 1.185 USD bn in 2022. This records a decrease from the previous number of 1.456 USD bn for 2021. Canada Fossil Fuel Support: USD: 2022 Price: Total: Natural Gas data is updated yearly, averaging 974.648 USD mn from Mar 2010 (Median) to 2022, with 13 observations. The data reached an all-time high of 1.707 USD bn in 2020 and a record low of 579.245 USD mn in 2011. Canada Fossil Fuel Support: USD: 2022 Price: Total: Natural Gas data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Canada – Table CA.OECD.ESG: Environmental: Fossil Fuel Support: OECD Member: Annual.
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The Canadian gas station industry has been navigating a turbulent economic landscape, shaped largely by fluctuations in oil prices, economic instability and geopolitical tensions. These factors have sent oil prices swinging dramatically, impacting revenue and profit. In 2025, revenue will dip to $31.7 billion after falling by 3.1%. However, profit stability is expected as crude oil prices stabilize, even as the industry faces challenges from shifts toward electric vehicles and economic pressures like rising credit card fees. Over the past five years, the industry has experienced both highs and lows, but overall, revenue grew at a CAGR of 2.2%. Oil prices plunged in 2020, causing revenue drops, but later rebounded in 2021 and 2022, with growth linked to oil price surges of 91.4% and 43.8%. This pushed revenue up by almost 10.0% in 2022. Larger chains have gained market share, leveraging economies of scale to weather price fluctuations better than smaller competitors. Regional disparities, especially in Western Canada, highlighted these challenges as some areas faced higher gasoline prices due to limited refinery capacity. The shift towards convenience store models has been key for many stations, providing a buffer against fuel sales volatility, but this reclassifies these retailers out of the industry. Looking ahead, the next five years present a mixed bag for Canada's gas stations. Revenue is projected to reach $33.4 billion by 2030 with a modest CAGR of 1.1%. As electric vehicle adoption rises, driven by federal targets for zero-emission vehicles, traditional fuel sales might slump. The industry's response is to diversify offerings, incorporating EV charging stations, convenience stores and enhanced retail options to attract a broader customer base. Technological advancements in fuel dispensing and payment systems will further transform operations. Despite economic uncertainties and global oil price influences, gas stations can position themselves for growth by innovating and adapting to changing consumer demands and environmental policies.
Annual indexes for major components and special aggregates of the Consumer Price Index (CPI), for Canada, provinces, Whitehorse, Yellowknife and Iqaluit. Data are presented for the last five years. The base year for the index is 2002=100.
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This dataset contains weekly retail prices of three grades of gasoline, diesel, auto propane and compressed natural gas in 10 Ontario markets. Prices are in cents per litre (with compressed natural gas prices in cents per gasoline-equivalent litres).
To view charts and current fuel price data you can also "https://www.ontario.ca/page/motor-fuel-prices">visit the motor fuel prices page.
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The average monthly price for natural gas in the United States amounted to **** nominal U.S. dollars per million British thermal units (Btu) in July 2025. By contrast, natural gas prices in Europe were about three times higher than those in the U.S. Prices in Europe tend to be notably higher than those in the U.S. as the latter benefits from being a major hydrocarbon producer. Europe's import reliance European prices for natural gas rose most notable throughout the second half of 2021 and much of 2022, peaking at over ** U.S. dollars per million Btu in August 2022. The sharp rise was due to supply chain issues and economic strain following the COVID-19 pandemic, which was further exacerbated by Russia’s invasion of Ukraine in early 2022. As a result of the war, many countries began looking for alternative sources, and Russian pipeline gas imports to the European Union declined as a result. Meanwhile, LNG was a great beneficiary, with LNG demand in Europe rising by more than ** percent between 2021 and 2023. How domestic natural gas production shapes prices As intimated, the United States’ position among the leaders of worldwide natural gas production is one of the main reasons for why prices for this commodity are so low across the country. In 2024, the U.S. produced more than ************ cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.
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Gasoline Prices in Russia decreased to 0.76 USD/Liter in July from 0.79 USD/Liter in June of 2025. This dataset provides the latest reported value for - Russia Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
The statistic shows the average inflation rate in Canada from 1987 to 2024, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2022, the average inflation rate in Canada was approximately 6.8 percent compared to the previous year. For comparison, inflation in India amounted to 5.56 percent that same year. Inflation in Canada In general, the inflation rate in Canada follows a global trend of decreasing inflation rates since 2011, with the lowest slump expected to occur during 2015, but forecasts show an increase over the following few years. Additionally, Canada's inflation rate is in quite good shape compared to the rest of the world. While oil and gas prices have dropped in Canada much like they have around the world, food and housing prices in Canada have been increasing. This has helped to offset some of the impact of dropping oil and gas prices and the effect this has had on Canada´s inflation rate. The annual consumer price index of food and non-alcoholic beverages in Canada has been steadily increasing over the last decade. The same is true for housing and other price indexes for the country. In general there is some confidence that the inflation rate will not stay this low for long, it is expected to return to a comfortable 2 percent by 2017 if estimates are correct.
Monthly average retail prices for gasoline and fuel oil for Canada, selected provincial cities, Whitehorse and Yellowknife. Prices are presented for the current month and previous four months. Includes fuel type and the price in cents per litre.