Search results
North American wholesale markets
- The wholesale price of gasoline and diesel in Ontario is strongly influenced by North American wholesale markets at certain locations - called benchmarks - such as the New York Harbor for Toronto prices and Edmonton for Thunder Bay prices.
www.ontario.ca/page/motor-fuel-prices
People also ask
What influences the wholesale price of gasoline and diesel in Ontario?
How does the price of transportation fuel affect Ontario consumers?
Why are gas and diesel prices so high?
Why are gas prices so high?
The wholesale price of gasoline and diesel in Ontario is strongly influenced by North American wholesale markets at certain locations - called benchmarks - such as the New York Harbor for Toronto prices and Edmonton for Thunder Bay prices.
Oct 23, 2017 · The price of transportation fuel has a significant impact on the lives of Ontario consumers, the majority of whom use gasoline or diesel-powered vehicles as a primary source of transportation.
- 4MB
- 93
May 29, 2023 · Gasoline is widely available, with over 3,265 gasoline retail sites across Ontario. The province’s gasoline and diesel prices are impacted by world crude oil prices, local retail competition, and North American wholesale benchmarks — such as the: New York Harbor market price for Toronto; Edmonton market price for Thunder Bay
Mar 14, 2022 · Wholesale pricing is determined at the storage terminal, then gasoline is distributed (usually by tanker trucks) to retail gas stations. How the price of oil influences gasoline prices. The price of gasoline is joined at the hip to the price of oil.
Since the spring, West Coast wholesale diesel prices have risen above the rest of Canada, rising as much as 15.4 cents per litre higher in August and ending the quarter 12.5 cents per litre
May 24, 2022 · The price of gas can be broken down to four components: the price of crude oil, the cost to refine it into gasoline, the markup from the gas station owner and, of course, taxes. The...
May 9, 2022 · Diesel prices are soaring higher than gas, averaging $2.22 a litre on Monday, according to GasBuddy.com. In comparison, regular gas averaged around $1.89 per litre in the country.
