Prowling the Pumps – May 13, 2008

May 13, 2008  

On the case, lurking at service stations across the country to find the lowest and highest gasoline prices in Canada.

Average across Canada

This week: $1.272 per litre
Last week: $1.245 per litre
Last Year: $1.121 per litre

A modest increase over last week, but it could be the beginning of a long, slow rise!
Least Expensive Gasoline in Canada (per litre)

Excluding Taxes Taxes Total
Kingston, ON $0.881 $0.303 $1.184
Red Deer, AB $0.917 $0.248 $1.219
Lethbridge, AB $0.987 $0.249 $1.227
Lloydminster, AB $0.980 $0.249 $1.229
Calgary, AB $0.981 $0.249 $1.230

Kingston tops our list for the fourth week in a row, but…the next four in the low-cost five are all from Alberta – a stunning turn of events. Makes sense though. While southern Ontario may have the advantage in terms of population, Alberta has the edge when it comes to taxes – the lowest in the country.

Most Expensive Gasoline in Canada (per litre)

Excluding Taxes Taxes Total
Labrador City, NL $0.993 $0.429 $1.422
Yellowknife, NT $1.136 $0.275 $1.411
Montreal, QC $0.968 $0.426 $1.394
Whitehorse, YT $1.151 $0.228 $1.379
Gander, NL $0.942 $0.422 $1.364

The pricey five welcome Montreal for the first time. Otherwise a just a bit of jockeying for position. Interesting to note that only in Yellowknife and Whitehorse are the actual gasoline prices much higher than the average. In the other three cities, actual prices are comparable to those in the low cost club, in fact Gander and Montreal are less expensive than Lethbridge, Lloydminster and Calgary. The killer is taxes that are almost 20 cents per litre higher. One more reason to join the migration to Wild Rose Country.

If it’s any consolation, the price of oil this week hit $125.80 US per barrel, an increase of 96.4 per cent over the $64.07 US per barrel price this time last year. Gasoline prices have only risen 13.5 per cent …so far.

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