The average retail price for regular, unleaded gasoline at self-service stations in Canada was 157.7 Canadian cents per liter in February 2025. This was an increase 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 which 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. Canada's fuel station industry Motor fuel is primarily sold via nearly 12,000 retail gasoline stations spread across the country. In 2022, retail sales of gasoline stations in Canada reached a new peak of 82.78 billion Canadian dollars.

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.

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.

Average gasoline prices increased between December 19 and December 20, 2022, reaching 138.9 Canadian cents per liter. This reflects the uncertainty the crude oil market faces as economic sanctions are taken against Russia after its invasion of Ukraine on February 24. Retail price for regular gasoline in the country had increased throughout the past years.

This dataset provides monthly, quarterly and annual average crude oil cost, Ontario gasoline tax, federal excise tax, HST, wholesale margin and retail margin based on Toronto pump price of regular unleaded gasoline. To view charts and current fuel price data you can also visit the motor fuel prices page. *[HST]: Harmonized Sales Tax

This statistic displays the breakdown of the price of one liter of gasoline in Canada as of 2017, broken down by cost. In that year, crude cost accounted for the largest portion of the average price of gasoline in Canada, totaling some 43.4 Canadian cents per liter.

Have timely access to reliable Natural Gas price assessments in Canada:

• Natural Gas, wholesale spot price, Alberta, average of transacted prices for all delivered natural gas

Each assessment includes Natural Gas price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.

Natural Gas price assessments for Canada and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

In 2021 in Edmonton, Alberta, the gasoline prices at self service gas stations were the lowest in Canada, at 124.4 Canadian cents per liter. In contrast, the most expensive place to buy gas was in Vancouver, British Columbia, at 155.4 Canadian cents per liter.

Natural Gas: Alberta Market Price data was reported at 2.071 CAD/GJ in Feb 2025. This records an increase from the previous number of 1.931 CAD/GJ for Jan 2025. Natural Gas: Alberta Market Price data is updated monthly, averaging 2.477 CAD/GJ from Jan 2012 (Median) to Feb 2025, with 158 observations. The data reached an all-time high of 6.860 CAD/GJ in Jun 2022 and a record low of 0.695 CAD/GJ in Sep 2024. Natural Gas: Alberta Market Price data remains active status in CEIC and is reported by Canadian Gas Association. The data is categorized under Global Database’s Canada – Table CA.P017: Natural Gas Price.

Have timely access to reliable Fuel Oil price assessments in Canada:

• Fuel Oil (heavy), export spot price, fob, Canada

Each assessment includes Fuel Oil price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.

Fuel Oil price assessments for Canada and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

Canada Avg Price: Regular Gasoline: Retail excl Taxes: Volume Weighted data was reported at 0.947 CAD/l in Jul 2018. This records an increase from the previous number of 0.938 CAD/l for Jun 2018. Canada Avg Price: Regular Gasoline: Retail excl Taxes: Volume Weighted data is updated monthly, averaging 0.429 CAD/l from Jan 1987 (Median) to Jul 2018, with 379 observations. The data reached an all-time high of 1.021 CAD/l in Jul 2008 and a record low of 0.209 CAD/l in Jan 1999. Canada Avg Price: Regular Gasoline: Retail excl Taxes: Volume Weighted data remains active status in CEIC and is reported by Kent Group Ltd.. The data is categorized under Global Database’s Canada – Table CA.P003: Average Price: Gasoline: Monthly.

0.81 (US dollars per liter) in 2016. Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.

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.

This dataset describes the individual fuel purchases, by Region or Group, made for Transport Canada’s fleet of aircraft. Details provided include the city where the fuel was purchased, the supplier, volume, purchase price, and the method of payment used.

Industrial product price index (IPPI), for selected products, by region, by North American Product Classification System (NAPCS) 2017 Version 2.0. Monthly data are available from January 1971. The table presents month-over-month and year-over-year percentage changes. The base period is (202001=100).

This statistic shows the change in the price of gasoline per liter in selected countries for the period between June 2019 and June 2020. The price changes concern unleaded premium (95 RON) for France, Germany, Italy, Spain, and the United Kingdom, and regular unleaded for Canada, Japan, and the United States (AKI 87). RON stands for Research Octane Number, while AKI means Anti-Knock Index. Both represent the most common octane rating in the countries shown. In June 2020, the gasoline price per liter in the U.S. was 23.4 percent lower than it was in June 2019.

Influences on gasoline prices

The price of gasoline is a frequently discussed issue, and is a part of almost everybody’s life in developed countries. Gasoline prices worldwide are dependent of a number of factors: crude oil prices, costs for processing and distribution, demand, strength of currencies, taxation, and availability. The most influential factor is the crude oil price. This price includes the costs for exploration, extraction, and transport. What the consumer pays in the end is also an issue of national oil pricing policy. Typical regions with high taxes on gasoline are European countries and Japan. Other countries keep consumer prices low by subsidizing the costs for gasoline. Among latter countries are the United States, Saudi Arabia, Iran, Venezuela, Egypt, Malaysia, Bolivia, and others. There are many other factors, however, which directly influence the price of gasoline. Wars, crises, and natural disasters in oil producing regions, for example, can obstruct the production and transportation, and thus cause higher crude oil prices. Last but not least, the end-consumer defines the price through his or her demand. A higher number of people driving cars means higher prices for gasoline, which is often the case in the summer months or holiday seasons.

Price for diesel fuel of Canada sank by 37.07% from 1.16 US dollars/liter in 2014 to 0.73 US dollars/liter in 2016. Since the 13.89% jump in 2012, price for diesel fuel plummeted by 40.65% in 2016. Fuel prices refer to the pump prices of the most widely sold grade of diesel fuel. Prices have been converted from the local currency to U.S. dollars.

The likely effect of an unexpectedly large increase in the period 1990 to 2010 in retail fuel price on the average fuel efficiency of light-duty vehicles is shown on this map. Light-duty vehicles include all cars and light trucks. Because vehicles consume a substantial part of energy, average vehicle fuel efficiency is an important indicator for greenhouse gas emission and climate change policy making. The lower the fuel efficiency, the higher the emission per vehicle, and, consequently, the greater its contribution to greenhouse gas production. Gasoline cost is the major vehicle operating cost. An increase in gasoline price would, to some extent, cause users to choose more fuel-efficient vehicles in order to reduce vehicle-operating cost. The Prairie Provinces would have the most sensitive response in fuel efficiency improvement to retail fuel price.

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Gasoline As A Fuel Market Size 2025-2029

The gasoline as a fuel market size is forecast to increase by USD 131.6 billion, at a CAGR of 1.4% between 2024 and 2029.

The market is experiencing significant growth due to the increasing number of automobiles, including light-duty trucks, on the road. Additionally, the use of gasoline in portable generators for various applications further boosts market demand. However, volatility in global crude oil prices poses a challenge to market growth. In the upstream oil and gas sector, data management and analytics play a crucial role in optimizing production and logistics. Visualization tools are essential for understanding complex data and making informed decisions. Furthermore, the transportation sector's focus on fuel efficiency continues to drive innovation in automotive purge valves and other automotive technologies to reduce fuel consumption. Despite these trends, market growth may be impacted by external factors, such as geopolitical instability and supply chain disruptions. Overall, the market is expected to continue its growth trajectory, with key factors including increasing demand, technological advancements, and the ongoing optimization of supply chain logistics.

What will be the Size of the Gasoline As A Fuel Market During the Forecast Period?

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The market encompasses the production, distribution, and consumption of gasoline as a primary transportation fuel. With the widespread adoption of automobiles, passenger cars, and motorcycles, gasoline remains a significant contributor to the global transportation energy requirements. However, the market faces increasing competition from alternative energy sources, such as electric vehicles and clean energy solutions. Gasoline availability remains a critical factor in the market's dynamics, with demand influenced by factors like carbon emissions regulations, consumer preferences, and the price of gasoline and related taxes. Secondary fuels, including ethanol, are increasingly used as additives to enhance fuel efficiency and reduce carbon emissions. The oil market significantly influences the gasoline fuel market due to the close relationship between crude oil and gasoline production.
The rise in automobile production and the increasing popularity of high-speed cars, motorcycles, and other internal combustion engine (ICE) vehicles continue to drive demand for gasoline. However, the market faces challenges from the growing adoption of clean energy sources, such as natural energy, solar, and wind power. Additionally, the increasing popularity of electric vehicles, diesel fuel, aviation fuel, and other alternative fuels for transportation, such as propeller airplanes and marine vessels, may further impact the market's size and direction. Gasoline prices and taxes also influence market dynamics, with fluctuations in these factors affecting consumer behavior and demand. The market's future direction will depend on various factors, including technological advancements, regulatory policies, and consumer preferences.

How is this Gasoline As A Fuel Industry segmented and which is the largest segment?

The gasoline as a fuel industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Passenger vehicles
  Commercial vehicles
  Small engines
  Marine engines


Distribution Channel

  Fuel stations
  Direct supply to fleets
  Online fuel delivery services


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK
    France


  APAC

    China
    India
    Japan


  South America

    Brazil


  Middle East and Africa

By Application Insights

The passenger vehicles segment is estimated to witness significant growth during the forecast period.

The market is primarily driven by the extensive utilization and widespread adoption of passenger vehicles, which rely on gasoline as their primary fuel source. This segment includes sedans, hatchbacks, SUVs, and crossovers, all of which benefit from the availability of gasoline infrastructure and consumer preferences. The segment's prominence is further bolstered by technological advancements in internal combustion engines, enhancing performance and efficiency. Gasoline's established supply chain and distribution networks ensure consistent availability, supporting the sustained operation of passenger vehicles. Moreover, the market encompasses other sectors such as motorcycles, construction, and transportation, where gasoline serves as a primary or secondary fuel.

Alternative energy sources, including electric vehicles and clean energy, are gaining traction, but gasoline's versatility and accessibility make it a significant contributor to the energy requirements of p

Gasoline Prices in Russia increased to 0.69 USD/Liter in February from 0.62 USD/Liter in January 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.