Prowling the Pumps – June 17, 2008

July 17, 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: $1.354 per litre
Last week: $1.363 per litre
Last Year: $1.065 per litre

This week was marked by a nine-tenths of a cent per litre drop in the average gasoline price, compared to a nearly six cent per litre rise last week. Hardly seems fair.

Our hypothetical 80-litre fuel tank was 72 cents cheaper to fill this week than last. But we’re paying, on average, 27.1 per cent more than this time last year, meaning our hypothetical 80-litre fuel tank cost about $23.12 more to fill in 2008.

Least Expensive Gasoline in Canada (per litre)

Excluding Taxes Taxes Total
Lethbridge, AB $1.042 $0.252 $1.294
Kingston, ON $0.989 $0.308 $1.297
Edmonton, AB $1.046 $0.251 $1.297
Calgary, AB $1.049 $0.252 $1.301
St. Catharines, ON $0.992 $0.309 $1.301

There’s not much change in our Alberta versus Ontario battle for the least expensive gasoline in Canada. In fact the biggest change is the 14.7 cent increase in the lowest gasoline price since we began prowling eight weeks ago.

Most Expensive Gasoline in Canada (per litre)

Excluding Taxes Taxes Total
Labrador City, NL $1.067 $0.438 $1.505
Gaspé, QC $1.123 $0.376 $1.499
Yellowknife, NT $1.217 $0.279 $1.496
Trois-Rivères, QC $1.072 $0.423 $1.495
Rimouski, QC $1.095 $0.399 $1.494

For the sixth consecutive week, Labrador City has the most expensive gas prices in Canada, and for the second week in a row, the only city in our survey to break the $1.50 mark.

Since we began prowling, the most expensive gasoline in Canada has risen nine per cent to $1.505 from $1.382 on April 22.

Oil markets this week attained record highs. How long before gasoline prices reflect that?

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