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Energy Facts

Crude Oil and Gasoline Prices: A Timeline – Follow crude oil and gasoline price changes reflecting market conditions and events that occurred from May 2001 to April 2006.

Why Canada Doesn’t Regulate Oil and Fuel Prices – After a brief period of regulation, Canada today is committed to a market-based approach regarding prices for oil and fuels such as gasoline. While some provinces have opted to regulate gasoline and other fuel prices, this approach has not lowered prices for consumers. More…

Taxes on Fuels – A portion of the final price you pay at the pump for gasoline and other fuels goes to various levels of government in the form of taxes. Depending on where you live, you pay a federal, provincial and, in some cases, a municipal tax on these products. More…

• Current Consumption Taxes on Petroleum Products – January, 2006
• Current Consumption Taxes – Fuels for Automotive Use – January 2006

How World Oil Markets Work – Several key factors influence the global oil market, including the type of crude oil needed to make gasoline and other fuel products, the oil producers, world production and consumption, and the prices paid in the open market by refiners and investors.  More…

Federal Laws and Gasoline Prices – Canada’s retail gasoline market is governed by the federal Competition Act and Emergencies Act. More…

Why Gasoline Prices Vary Across Canada – The price you pay for gasoline at your local service station can vary quite a bit from the price in the next city. Price differences between cities and across Canada involve four key factors: taxes, competition, the amount sold, and the type and location of stations. More…