The year 2003 was marked by a major increase in the price
of hydrocarbon fuels.
Highlights
- Price of crude oil
- The average price of crude oil delivered to Québec rose
by 16.5% in 2003 to reach a record level of CA$43.08 per barrel.
- Nonetheless, when measured in constant dollars, this price
remains less than the price at the beginning of the 1980's.
- Petroleum product prices
- The average increase in the price of petroleum products in
Montréal was 16.3% for light heating oil, 7.5% for diesel fuel,
6.3% for regular unleaded gasoline, and 6.1% for heavy oil.
The prices for these products have remained high since 2000.
- In 2002, gasoline prices in Québec were higher than in the
United States, but lower than in most major European countries.
- The price of natural gas
- The price of natural gas delivered to the Québec franchise
was 20.8 cents per cubic metre in 2003, an increase of 22.5%.
- This major increase was reflected in consumer prices, which
reached unprecedented levels.
- The price of electricity
- In 2003, the average price of electricity in Québec for
the various categories of consumption remained practically
unchanged.
- In general, electricity prices in Québec continue to be
among the most advantageous in North America.
- Electricity prices in Québec also compare very favourably
with those in certain industrial countries outside North America.
See also
Énergie au Québec, édition
2004
Section III – Les prix de l'énergie (Format
PDF, 131 Kb) (available in French)
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