Comments on: Gas Prices in Canada versus the USA

By: Preet

Preet — Wed, 26 Nov 2008 01:47:11 +0000

@Ron Jones: I’m sure that’s not the first assertion of such!

By: ron jones

ron jones — Tue, 25 Nov 2008 17:21:44 +0000

Interesting site Preet,
However,despite the cited reason (higher taxes in Canada)why is it that taking to-days average gas price in the US of $1.87 US Gal. and converting it to litres (3.785 L/US gal) x 122% (cdn. dollar) x 22% (higher cdn tax) = .735 Litre, whereas today in Toronto area is .792???
That calculation is based on the average US price of which there is a wide fluctuation (some outlets are currently at $1.53), whereas Cdn name brand and no-names are closely linked or better expressed as FIXED!

By: Monday LinkStuff - US Election Roundup

Monday LinkStuff - US Election Roundup — Mon, 10 Nov 2008 08:58:29 +0000

[...] Does All My Money Go had an interesting post on gasoline prices in Canada vs US. We definitely pay a lot more than our American friends for gas which doesn’t explain [...]

By: gene

gene — Sat, 08 Nov 2008 05:50:54 +0000

Informative graph. An interesting corollary is that the percentage change is lower in high-tax countries. Apparently Europeans were relatively insulated from “petrol” increases, since their prices are largely determined by taxes, not the price of the underlying oil.

Reminds me that a company with high costs can have better percentage increases in earnings when the underlying commodity price increases. However, those same companies are more likely to go bankrupt in a downturn. The example I have in my head is the now defunct Royal Oak Mines.

By: Michael James

Michael James — Tue, 04 Nov 2008 16:26:08 +0000

It is somehow comforting to see gas prices in Canada and the US moving in lock step. If there were any differences other than the fairly constant higher taxes in Canada, I might have to invent some conspiracy theories to explain those differences.

By: Jordan Clark

Jordan Clark — Tue, 04 Nov 2008 09:12:56 +0000

I wish our prices in Vancouver would drop that low, we seem to behind. Check out this handy gas price map for the country:

http://www.vancouvergasprices.com/Price_By_County.aspx?state=BC&c=can