Gas Prices Today

• Taxpayers federation says 2 cities in B.C. have the highest gas taxes in Canada

  So far, the province has been reluctant to put a pause on the tax at the pump but they say there are other measures in place to address the cost of living.

  Money

  Aug 3, 2023
  
• 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
  
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• 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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• Russia moves to cut oil production over western price caps

  Russian exporter Gazprom has cut off most supplies of natural gas to Europe, citing technical issues and refusal by some customers to pay in Russian currency.

  World

  Feb 10, 2023
• Canadian inflation expected to cool with falling gas prices. But will it last?

  High gas prices played a key role in Canada's 8.1 per cent annual inflation rate last month, and their decline will factor into the country's next inflation reading on Tuesday.

  Canada

  Aug 15, 2022
• Gas prices are high today, but OPEC forecasts cooling oil demand next year

  OPEC said its 2023 forecasts assume there will be no escalation of the war in Ukraine and that risks such as rising inflation do not take a heavy toll on global economic growth.

  World

  Jul 12, 2022
• Biden asks Congress for 3-month suspension of gas, diesel taxes

  U.S. President Joe Biden on Wednesday called on Congress to pass a three-month suspension of the federal gasoline tax to help combat record pump prices.

  World

  Jun 22, 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
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• 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
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• Gas prices are at record highs. How the cost of fuel for 5 cars has changed

  Drivers of gasoline-fuelled cars are paying more for fuel than ever before. To get an understanding of what that looks like, Global News calculated fill-up costs for five cars.

  Canada

  Jun 7, 2022