Average retail price for regular, unleaded gasoline in Canada 2015-2018

Average retail price for regular, unleaded gasoline at self-service stations in Canada from January 2015 to December 2018 (in Canadian dollars per liter)

by Emma Bedford, last edited May 27, 2019
Average retail price for regular, unleaded gasoline in Canada 2015-2018 The average retail price for regular, unleaded gasoline at self-service stations in Canada was 1.06 Canadian dollars per liter in December 2018. This is much lower than for the rest of 2018, with prices hitting a high of 1.36 dollars per liter in May 2018. The average price in 2018 was around 1.26 dollars per liter, a substantial increase from an average of 1.07 dollars in 2015.
Why do gas prices fluctuate?

Crude oil prices, along with changing levels of consumer demand, are the two main factors which directly affect retail gasoline prices. Prices can witness a rapid increase or decrease if something impacts crude oil supplies, refinery operations or pipeline deliveries. Even if crude prices remain steady, seasonal changes in demand can still affect prices.

Price breakdown

Gasoline prices are made up of a number of different costs. In 2017, the average cost per liter was 114.6 Canadian cents. 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. Refining and marketing costs ranked in second place, contributing around 31.3 Canadian cents per liter. Other contributors were provincial and federal taxes. Together, these costs contribute to gasoline station retail sales, which totaled around 66.83 billion Canadian dollars in 2018. Retail sales of gasoline stations decreased by 8.6 percent in 2018 in comparison to the previous year.
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Average retail price for regular, unleaded gasoline at self-service stations in Canada from January 2015 to December 2018 (in Canadian dollars per liter)

Loading statistic...
2015201620172018
Dec0.991.021.171.06
Nov1.041.031.211.14
Oct1.041.071.121.26
Sep1.061.031.161.3
Aug1.151.021.11.32
Jul1.191.021.071.34
Jun1.191.091.071.33
May1.121.041.111.36
Apr1.0611.161.32
Mar1.060.921.061.23
Feb10.871.071.2
Jan0.960.931.121.21
2015201620172018
Dec0.991.021.171.06
Nov1.041.031.211.14
Oct1.041.071.121.26
Sep1.061.031.161.3
Aug1.151.021.11.32
Jul1.191.021.071.34
Jun1.191.091.071.33
May1.121.041.111.36
Apr1.0611.161.32
Mar1.060.921.061.23
Feb10.871.071.2
Jan0.960.931.121.21
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by Emma Bedford, last edited May 27, 2019
The average retail price for regular, unleaded gasoline at self-service stations in Canada was 1.06 Canadian dollars per liter in December 2018. This is much lower than for the rest of 2018, with prices hitting a high of 1.36 dollars per liter in May 2018. The average price in 2018 was around 1.26 dollars per liter, a substantial increase from an average of 1.07 dollars in 2015.
Why do gas prices fluctuate?

Crude oil prices, along with changing levels of consumer demand, are the two main factors which directly affect retail gasoline prices. Prices can witness a rapid increase or decrease if something impacts crude oil supplies, refinery operations or pipeline deliveries. Even if crude prices remain steady, seasonal changes in demand can still affect prices.

Price breakdown

Gasoline prices are made up of a number of different costs. In 2017, the average cost per liter was 114.6 Canadian cents. 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. Refining and marketing costs ranked in second place, contributing around 31.3 Canadian cents per liter. Other contributors were provincial and federal taxes. Together, these costs contribute to gasoline station retail sales, which totaled around 66.83 billion Canadian dollars in 2018. Retail sales of gasoline stations decreased by 8.6 percent in 2018 in comparison to the previous year.
Show more
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