The average retail price for regular, unleaded gasoline at self-service stations in Canada was 162.1 Canadian cents per liter in August 2024. 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 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.
Monthly retail price of regular, unleaded gasoline in Canada from August 2022 to August 2024
(in Canadian cents per liter)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
StatCan. (September 18, 2024). Monthly retail price of regular, unleaded gasoline in Canada from August 2022 to August 2024 (in Canadian cents per liter) [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/statistics/444194/average-retail-price-for-regular-unleaded-gasoline-in-canada/
StatCan. "Monthly retail price of regular, unleaded gasoline in Canada from August 2022 to August 2024 (in Canadian cents per liter)." Chart. September 18, 2024. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/444194/average-retail-price-for-regular-unleaded-gasoline-in-canada/
StatCan. (2024). Monthly retail price of regular, unleaded gasoline in Canada from August 2022 to August 2024 (in Canadian cents per liter). Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/statistics/444194/average-retail-price-for-regular-unleaded-gasoline-in-canada/
StatCan. "Monthly Retail Price of Regular, Unleaded Gasoline in Canada from August 2022 to August 2024 (in Canadian Cents per Liter)." Statista, Statista Inc., 18 Sep 2024, https://www.statista.com/statistics/444194/average-retail-price-for-regular-unleaded-gasoline-in-canada/
StatCan, Monthly retail price of regular, unleaded gasoline in Canada from August 2022 to August 2024 (in Canadian cents per liter) Statista, https://www.statista.com/statistics/444194/average-retail-price-for-regular-unleaded-gasoline-in-canada/ (last visited October 06, 2024)
Monthly retail price of regular, unleaded gasoline in Canada from August 2022 to August 2024 (in Canadian cents per liter) [Graph], StatCan, September 18, 2024. [Online]. Available: https://www.statista.com/statistics/444194/average-retail-price-for-regular-unleaded-gasoline-in-canada/