Artum Snowbird wrote:
You will probably not find the price of fuel is so different. The US $ is 20% higher, and the US gallon is 20% smaller. Gasoline is much cheaper in the USA, but the price of diesel remains much higher.
I'm not sure I understand this statement: "Gasoline is much cheaper in the USA, but the price of diesel remains much higher."
Are you saying the price of diesel is much higher in the US?
Like the US, the prices of fuel varies from region to region. If we compare the national averages, we can get a measure of the differences in prices.
On 12/30/14, the average price of gasoline in Canada was $0.981 per liter. That converts to $3.157 per US gallon, including the exchange rate
On 12/29/14, the average price of gasoline in the US was $2.299 per US gallon
On average, Canadian gasoline was $0.858 per US gallon (or 37%) higher than in the US.
For diesel fuel, on 12/20/14, the average price of diesel in Canada was $1.18 per liter. That converts to $3.799 per US gallon, including the exchange rate
On 12/29/14, the average price of diesel in the US was $3.21 per gallon.
On average, Canadian diesel was $0.589 per US gallon (or 18%) higher than in the US.
Note: The average price of gasoline in certain regions of the US, those that have to use "reformulated" blends because of pollution, was $2.445 per gallon. In this case, Canadian gasoline was $1.268 per US gallon (52%) higher than in the US.
For the most part, "reformulated" regions of the US are California, Chicago and the northeast costal regions.
Sources:
Natural Resources CanadaUS Energy Information AdministrationOn edit: Corrected the numbers to include the current exchange rate.
Tom