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  1. Unfortunately, the price of all these heat sources is rising. The price of fuel oil and other fuels was rising at the fastest pace year over year in November 2022, up 73.4% from the same month a year earlier. Canadian households were also paying more for natural gas (+23.7%) and electricity (+1.6%) year over year.

  2. Heating Oil and Propane Update. Notice: Petroleum Marketing Survey Form Changes Proposed for 2025. Weekly heating oil and propane prices are only collected during the heating season, which extends from October through March.

    • Energy Production
    • Energy Transportation and Trade
    • Energy Consumption and Greenhouse Gas (GHG) Emissions
    • More Information

    Crude Oil

    1. Canada produced 4.66 million barrels per day (MMb/d) of crude oil in 2020, a decline of 5% from 2019 (Figure 1). This rankedCanada as the fourth largest oil producer in the world. Since 2010, Canada’s crude oil production has increased 57%. 2. Canadian productionis centered in western Canada, which accounted for about 95% of total production in 2020. The remaining 5% was produced mostly in Newfoundland and Labrador. 3. Alberta, Saskatchewan, and Newfoundland produce 96% of Canada’s oil. Th...

    Refined Petroleum Products

    1. RPPsare a range of products that are refined from crude oil, such as gasoline, diesel, heating oil, and jet fuel. RPPs are the largest type of energy consumed by end users in Canada. 2. Canada has 17 refinerieswith a total capacity of approximately 2.0 MMb/d, as of 2020. Alberta has the largest share of refining capacity (27%), followed by Ontario (20%), Quebec (19%), New Brunswick (16%), Saskatchewan (8%), Newfoundland and Labrador (7%), and British Columbia (B.C.) (3%). 3. In 2020, Canad...

    Natural Gas/Natural Gas Liquids

    1. In 2020, Canada was the sixth largest natural gas producer in the world, with production averaging 15.5 billion cubic feet per day (Bcf/d), a 1.6% decline from 2019 (Figure 1). 2. Alberta and B.C. accounted for almost 98% of Canadian production in 2020. Smaller amounts of natural gas are produced in Saskatchewan, New Brunswick, Ontario, and the Northwest Territories (NWT). 3. In 2020, Canada’s production of natural gas liquids(NGLs) was about 812 Mb/d, not including condensate and pentanes...

    Crude Oil and Liquids

    1. Canada’s large pipeline system serves both domestic refineries and export markets (Figure 3). The CER regulates all interprovincial and international crude oil pipelines. 2. Total crude oil exports in 2020 were 3.7 MMb/d, 2% lower than 2019. The total value of Canada’s crude oil exports in 2020 was almost $60 billion. Although export volumes were relatively flat year over year in 2020, the average price receivedfor exported Canadian crude oil decreased 32%. 3. In 2020, Canada exported abou...

    Natural Gas

    1. In 2020, Canada exportedan average of 6.8 Bcf/d to the U.S. and imported 2.2 Bcf/d. Exports decreased by 7% and imports decreased by 11% between 2019 and 2020. The value of natural gas exports less imports in 2020 was $4.7 billion. 2. Canada has a vast network of natural gas pipelines (Figure 4). Natural gas generally flows from production areas in western Canada to higher demand markets in central Canada and the U.S. TC Energy’s Canadian Mainline is the primary long-haul natural gas pipel...

    Liquefied Natural Gas

    1. As of May 2021, the CER has approved 43 export licence applications for Canadian LNG projects. LNG export projects have been proposed for both the west and east coasts. Only one of the proposed LNG export facilities has started construction–LNG Canadain Kitimat, B.C. The first shipments from LNG Canada are expected in the mid-2020s. 2. Canada has one LNG import terminal–the Canaport terminal in Saint John, New Brunswick, which started up in 2009. Canaport has a natural gas delivery capacit...

    Total Energy Consumption

    1. End-use demand in Canada was 12 305 petajoules (PJ) in 2019. The largest sector for energy demand was industrial at 52% of total demand, followed by transportation at 23%, residential at 13%, and commercial at 12% (Figure 5). 2. RPPs were the largest fuel type consumed in Canada in 2019, accounting for 4 953 PJ, or 40% of consumption. Natural gas and electricity accounted for 4 416 PJ (36%) and 2 025 PJ (16%), respectively (Figure 6).

    Refined Petroleum Products

    1. Total demand in Canada for RPPs in 2019 was 4 953 PJ. The primary products consumed were gasoline and diesel. Other products include heavy fuel oil, asphalt, and lubricants. 2. Canadians are some of the highest consumers of oil and refined products in the world. 3. Per capita consumption of motor gasoline in 2019 was 1 268 litres. Motor gasoline consumption was highest in Saskatchewan at 2 302 litres per capita, and lowest in B.C. at 1 066 litres per capita.Footnote 1 4. Per capita consump...

    Natural Gas

    1. Canada consumed an average of 11.4 Bcf/d of natural gas in 2020. The largest consumers of natural gas were Alberta at 6.4 Bcf/d, followed by Ontario and B.C. at 2.7 Bcf/d and 0.8 Bcf/d, respectively. 2. Canada’s largest consuming sector for natural gas was the industrial sector, which consumed 8.0 Bcf/d in 2020. The residential and commercial sectors each consumed 1.7 Bcf/d.

  3. Oct 13, 2021 · The average retail price of furnace oil in Canada hit $1.33 per litre in early October, compared to 86 cents a litre and $1.14 a litre during the same period in 2020 and 2019, respectively,...

    • heating oil prices canada vs the us oil consumption1
    • heating oil prices canada vs the us oil consumption2
    • heating oil prices canada vs the us oil consumption3
    • heating oil prices canada vs the us oil consumption4
  4. Dec 20, 2023 · The average domestic heating oil price in Canada reached about 902 Canadian dollars per 1,000 liters in April 2020. Drops in prices over early 2020 is likely due to the coronavirus...

  5. Oct 13, 2023 · From the winter of 2012–13 through the winter of 2021–22, the cost of crude oil accounted for 48% of the average price of a gallon of heating oil during the winter months (October through March).

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  7. Heating oil. Price - Chart - Historical Data - News. US heating oil futures traded above $2.60 per gallon, remaining near their highest level in eleven weeks of $2.63 seen July 2nd, as the latest EIA report showed a reduction in supplies alongside increased demand.

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