Gas Price Today

• Drivers getting cheaper gas for Canada Day. How prices have changed over the year

  Lower fuel prices was the No. 1 factor behind consumer price inflation cooling to 3.4 per cent in May, the slowest pace of inflation Canada has seen in nearly two years.

  Consumer

  Jun 28, 2023
  
• Oil and gas industry earned US$4T last year, says IEA chief

  The global oil and gas industry's profits in 2022 jumped to some US$4 trillion from an average of $1.5 trillion in recent years, the head of the International Energy Agency says.

  World

  Feb 14, 2023
  
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• Canada’s gas price average slips to $1.61 per litre: CAA

  According to the CAA's gas price tracker the national average price of gas slipped from $1.64 per litre to $1.61.

  Canada

  Oct 5, 2022
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• U.S. inflation dips to 8.5%, supply chains show signs of improving

  U.S. inflation figures cooled slightly in July as the supply chain snags that have elevated prices for cars, furniture, appliances and other goods are easing.

  World

  Aug 10, 2022
• Tax relief needed at the pumps amid high gas prices, small business group urges

  The Canadian Federation of Independent Business says higher transportation and fuel costs have driven 92 per cent of small businesses to increase prices in the past 12 months.

  Canada

  Jul 11, 2022
• Could ‘demand destruction’ bring gas price relief? Experts are not so sure

  In theory, reaching an unsustainable price would serve as a tipping point and ultimately cause fuel prices to fall, finally offering drivers some relief.

  Economy

  Jun 17, 2022
• High gas prices likely to continue into 2023, research firm says

  Next year, average global refining margins are expected to top their five-year average range, albeit "nowhere near as punchy as 2022," said Wood Mackenzie analyst Alan Gelder.

  World

  Jun 16, 2022
• High gas prices driving change in Canadian tourism: ‘Cost of doing business’

  Canadian tourism companies that offer services reliant on fuel are facing sky-high prices, forcing them to rethink how their business operates in both the short and long term.

  Canada

  Jun 7, 2022