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In December 2023, the Alberta government announced that with lower oil prices, the fuel tax would be phased back in after Dec. 31, 2023. ... CBC Gas Price Tracker
While prices have come down since the peak in June, prices were beginning to tick up again. Gas prices hit $3.79 a gallon the week of September 29, 2022, up from $3.73 on September 23, 2022 — an increase of $0.06 per gallon over the last week. [14] Since October 10, 2022, the price of gasoline has gone down again.
In August 2023, Canada's inflation rate reached four percent, primarily driven by increased gas prices. [35] Food inflation rates reached 8.5 percent. [36] In November 2024, Canada's annual inflation rate rose to 2.0% in October, exceeding analyst expectations and marking the first increase since May 2024. [37]
The current national average gas price is $3.55 per gallon, according to AAA, with much of the South barely over three bucks. That's not terrible, historically speaking -- and it's certainly better...
Gasoline prices hit fresh 2023 highs as oil kept climbing after a three week rally. ... The price of diesel, which is used to transport goods via trucks, was up $0.23 from one month ago, at $4.57 ...
In October 2023, Prime Minister Justin Trudeau announced that the federal government was granting a carbon exemption on heating oil from 2023 through 2027 because the price of heating oil increased by 75% in 2022. Natural gas, which is used by better-off households, now costs one-half to one-quarter the cost of heating oil. [57]
The last time gas prices were this low in 2023 was on Jan. 1, at $3.21. ... The national average sat at $4.16 per gallon, down from $4.39 one month ago, and $5.03 on the same day last year ...
Gasoline prices hit 2023 highs this week as US crude topped $90 per barrel for the first time since November of last year.. The national average for gas, according to AAA, reached $3.87 per gallon ...