Skip to main content

Canada's Gasoline Prices - Understanding Changing Prices

There are several factors that affect the prices at the pumps in Canada. Some prices might change day to day or pump to pump, or even province to province.

It’s hard to keep up, but below is some basic information that can be used to understand the fuel prices at gas stations.

The price at the pump for a litre of gasoline is calculated by the price of crude oil, the cost of refining that crude, marketing and distribution costs, taxes and, of course, profits to the seller (considering the people/company who extract the oil all the way to the pump with the end product).

Prices vary from province to province due to the cost of transportation and taxes provincial and municipal.

The amount of fuel a station can sell may also affect end price. Potentially, a station that sells more fuel and other products, may be able to offer their products at a lower price than a station that sells less fuel.



A strategy that some gas station retail sites use is to offer food, car washes, personal items, lottery, etc. to be in a better position to reduce the revenue they need from their fuel sales to be profitable.

Usually, there are 4 costs that go into the pump prices in gas stations: crude oil, taxes, refiner margin, and marketing margin.

"According to Shell’s website, they break down the prices on the pumps as follows:
40 - 55 per cent is crude oil costs (the raw material for making gasoline and diesel fuel)
25 - 35 per cent is federal, provincial and municipal taxes and the GST
10 - 25 per cent is the refiner's margin (the difference between what it costs to buy crude oil and the price refined gasoline sells for in the wholesale market which, in turn, is influenced by supply and demand)
4 - 6 per cent is the marketing (or retail) margin that covers retail stations’ expenses and profits."
(Source: https://www.shell.ca/en_ca/motorists/understanding-fuel-pricing.html)

If you want more information, or want updated information you can visit these sites:
Fuel Focus is a bi-weekly newsletter produced by Natural Resources Canada, this site analyzes petroleum product prices, consumer and price trends and events influencing the Canadian market.

The Canadian Automobile Association is geared towards motorists concerned about pump prices.

The site provides answers to frequently asked questions on gas pricing along with gasoline conservation tips.

The Canadian Centre for Energy Information website contains details on gas pricing based on information from leading industry experts.

ShipMyRide can help you if you are moving across the country, or to a different province or city, we can ship your car. 


If you need you ship your car contact ShipMyRide for a free car shipping quote. Rest assured we will work to get your vehicle delivered home damage free.


Ship My Ride – Contact Information 

Call us: 1-888-875-SHIP (7447)

Comments

  1. I am really impressed with your blog article, such great & useful knowledge you mentioned here. Ship your motorcycle quickly, easily, and safely anywhere in the USA. Visit https://dellcy.com!

    ReplyDelete
  2. I expected to think of you this concise note so that
    I could offer my thanks again for the supportive counsel you gave for this situation.
    Look at this page for data about house to house vehicle transport.
    Door To Door Auto Transport

    ReplyDelete
  3. Greetings, astounding web journal, Always twofold check all legitimate desk work and transportation confirmation that have been approved by
    law offices Car shipping Services near me before making a hurried move.
    If you want to view your car the same after it has been shipped to the other place, you must do this step.

    ReplyDelete
  4. port-fort-worth-tx/">Open Vehicle Transport Fort Worth TX“I have chatted with two different reps and they were great.”

    ReplyDelete

Post a Comment

Popular posts from this blog

Moving Tips - Changing homes isn't always easy

We recently moved offices and got us thinking about all our customers that have to relocate to a new home. While packing, we decided to put together some of the things we did to make our move as smooth as possible. We thought this would be helpful for people moving to a new city, or a new home. Before you start packing Clean before your start putting things in boxes. You don't want dust coming from the old place to the new one. This will also help you get rid of things you really don't need or want anymore. Once you have sorted the things you actually want to take, you can decide whether you can donate the things you don't need anymore. Separate your items in categories like: glassware, cleaning supplies, bedding, etc. This way when you pack, you can sort things in a more organized way. Label your boxes. By category, or by room, you  can even mark which side must go up. Before you disconnect your electronics, take a picture, this way you will know where all t

Canada’s 5 best-selling vehicles for the first 6 months of 2018

Best selling vehicles in Canada This June, there was a 2 per cent drop in total sales  and the first-half of 2018 ends as the second-strongest start to the year in Canadian history. Canadians have bought and leased more than 2 million vehicles in 2018 for just the second time ever, but that’s with fewer total sales than last year. More Canadians are acquiring new vehicles by getting into longer-term loans, having been attracted to car dealer showrooms with strong incentives but still the Canadian auto industry may not be as healthy as it appears on paper.   Vehicle sales in the first 6 months of 2018 According to Global Automakers of Canada, 1.04 million new vehicles were sold between January and June. Surprisingly the most popular vehicles on which the industry depends for great swathes of volume, are suffering substantial demand decreases. Honda and Toyota, for instance, sold nearly 5,000 fewer Corollas and Civics in the first-half of 2018 compared with the sa

One of ShipMyRide’s expertise is private relocation.

One of ShipMyRide’s expertise is private relocation. What does this mean?   When a customer is moving to another city or province, we help them move their vehicle to their new address. But, why do Canadians move? There are major reasons that make Canadians move, which include: ·          A new addition to the family ·          Job relocation ·          A decrease in family members ·          Retirement ·          An increase in cash flow, etc. To break it down by the numbers, most Canadians move because of: • Family size increase (marriage, kids etc.) – 42% • Job relocation – 37%,  but much higher in Alberta – 53% • Family size decrease (divorce, death, empty nest etc.) – 20% • Retirement – 18% • Came into more money – 14% • Home was in need of renovations – 14% Moving is not a random decision, when you consider over a lifetime. Canadians move five to six times, according to the Canadian Association of Movers. A Statistics Canada survey